5041 Shoals Lane Chattanooga, TN ^$ 265,000

5041 Shoals Lane

^$ 265,000

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5041 Shoals Lane

Chattanooga, TN, 37416

^$ 265,000

Studio Baths4.2 Sq 1,843

Monthly Estimate*

^$ 1,632

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $265,000 with 4 full baths, 2 half baths. This 1,843 square foot home was built in 1971.

Duplex in a highly sought after area of Hwy 58. This would be a great one to add to your Portfolio. Both units have 2 bedrooms and 1 bath. Freshly painted and new flooring in each side. schedule a tour today.

Multi-Family Contingent

Price

^$ 265,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 1,226

Style

Other

Year Built

1971

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

20260248

Features

General

Living Area 1843

Sewer Septic Tank

Heating Central

Cooling Central Air

Utilities Water Available Sewer Available Electricity Available

Possession Close Of Escrow

Roof Shingle

Appliances Electric Range Refrigerator

Patio/Porch Features Front Porch

Architectural Style Other

Construction Materials Brick

Year Built 1971

Levels One

Property Subtype Duplex

Community Features None

County Hamilton

New Construction false

Property Type Residential Income

HOA false

Attached Garage false

Subdivision Name Other

Garage Y/N false

Full Baths 4

Status Active Under Contract

Directions I 75 N to take exit 4 TN 153 N towards Chickamauga Dam Continue on 153 to Take exit 5A to merge onto TN-58 N toward Decatur Turn left onto N Hickory Valley Rd Turn right onto Harrison Pike Continue onto Glover Rd Turn left onto Shoals Ln.

High School Central High

City Chattanooga

Number Of Units Total 2

Carport Y/N false

Listing Terms Cash Conventional VA Loan

Elementary School Harrison Elem.

Tax Annual Amount 1226.14

Middle/Junior High School Brown

Property Condition Functional

Structure Type Duplex

Standard Status Active Under Contract

Interior

Interior Amenities Ceiling Fan(s)

Basement None

Flooring Vinyl

Air Conditioning Y/N true

Heating Y/N true

Half Baths 2

Laundry Features Main Level Laundry Closet

Total Baths 0

Exterior

Exterior Amenities Rain Gutters

Parking Features Driveway

Lot Features Sloped

Water Source Public

Foundation Details Slab

Road Frontage Type Private Road

* Excluded Features

List By

Linda Carter

Listing Agent

The Source Real Estate Group

Broker

linda@teamlindacarter.net

Affordability Calculator

$1,734

Per Month

Monthly Principal & Interest: $1,632
Monthly Property Taxes: $102
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chattanooga, TN

Average List Price ^$380,334

Percent of Sale Price 44%

About Chattanooga, TN

184,934 Population

16% Since 2002

^$44,682 Median Income

38.38 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

Central High High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/16/2026	$265,000		Listed Price

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5041 Shoals Lane, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $265,000 with 1,843 sqft. 5041 Shoals Lane is a studio with 4.2 baths and was built in 1971. The property's zip code is 37416 which is in Chattanooga, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the River Counties Association of Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the River Counties Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/27/2026.

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5041 Shoals Lane

Multi-Family Home for sale in Chattanooga, TN

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