5065 Shoals Lane Chattanooga, TN $ 315,000
5065 Shoals Lane
$ 315,000
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5065 Shoals Lane

Chattanooga, TN, 37416
$ 315,000
Bedrooms5 Baths2.0 Sq 1,797

Monthly Estimate*

$ 1,940

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Multi-Family Home for sale in Chattanooga, TN

for $315,000 with 5 bedrooms and 2 full baths. This 1,797 square foot home was built in 1971.

Investor Opportunity in Lake Shoals -Duplex on Cul-De-Sac! Welcome to 5065 Shoals Lane, a fantastic duplex tucked away in the quiet Lake Shoals subdivision just off Highway 58. Located on a spacious 0.37-acre cul-de-sac lot, this property offers privacy, convenience, and strong potential in one of Chattanooga's growing areas. With approximately 1,797 total square feet, this duplex features two separate units -- one offering 2 bedrooms and 1 full bath, and the other offering 3 bedrooms and 1 full bath -- making it ideal for investors or owner-occupants looking to offset their mortgage with rental income. Recent updates provide peace of mind and added value, including: • New roof • New windows • New flooring • Sewer line replaced (2020) • New HVAC condenser Each unit offers functional layouts with eat-in kitchens, open living spaces, and private yard access. Situated in a quiet community close to the water, this location provides easy access to Highway 58, Harrison Bay, shopping, and dining while maintaining a peaceful neighborhood setting. Utilities are individually metered Whether you're expanding your investment portfolio or looking for a live-in investment opportunity, this duplex checks all the boxes for location, updates, and long-term potential. Schedule your showing today!

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Multi-Family Active

Price

$ 315,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,226

Style

Duplex

Year Built

1971

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

3133540

Features
General
Living Area 1797
Sewer Septic Tank
Heating Electric
Cooling Ceiling Fan(s) Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Other
Garage Spaces 0
Construction Materials Vinyl Siding Other Brick
Year Built 1971
Stories Count 1
Levels Three Or More
County Hamilton County TN
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Lake Shoals
Garage Y/N N
Status Active
Buyer Financing Other Conventional FHA
Directions Get on I-24 E from Washington St US-11 N/US-64 E/E 23rd St and TN-27/Rossville BlvdContinue on I-24 E. Take TN-153 N to TN-58 N. Take exit 5A from TN-153 N Merge onto I-24 EUse the right 2 lanes to
High School Central High School
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Elementary School Harrison Elementary School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 1226
Middle/Junior High School Brown Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 0
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Interior
Flooring Laminate Tile
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached Driveway
Water Source Public
Total Parking 0
Building Area Total 1797
Lot Dimensions 100X161.3
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 5065
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* Excluded Features
List By
Greater Downtown Realty Dba Keller Williams Realty

Broker

sarah@kettererhomes.com

Email

Affordability Calculator

$2,042
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$102
Monthly 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
4313825 Elementary School
3575055 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$315,000 Listed Price

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5065 Shoals Lane, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $315,000 with 1,797 sqft. 5065 Shoals Lane has 5 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 37416 which is in Chattanooga, TN