2016 Rawlings Street Chattanooga, TN $ 159,900
2016 Rawlings Street
$ 159,900
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2016 Rawlings Street

Chattanooga, TN, 37406
$ 159,900
Baths0.0 Sq 1,040

Monthly Estimate*

$ 985

2016 Rawlings Street, Chattanooga, TN 37406 - Image 1
2016 Rawlings Street, Chattanooga, TN 37406 - Image 2
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2016 Rawlings Street, Chattanooga, TN 37406 - Image 4
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Studio

Multi-Family Home for sale in Chattanooga, TN

for $159,900. This 1,040 square foot home was built on a lot size of 0.15.

Income-producing duplex priced for strong cash flow. Each unit offers 1 bedroom and 1 bathroom, serving steady workforce rental demand in the Chattanooga market. Unit 2016 is occupied by a long-term tenant through CHA's Housing Choice Voucher Program at $1,015/month -- government-backed income with low vacancy risk. Unit 2018 has been made rent-ready and is available for immediate lease-up. Projected gross income approaches ~$24,000 annually at full occupancy, offering attractive yield potential at this price point. Affordable small multifamily opportunities under $160K in Chattanooga are increasingly limited. Ideal for buy-and-hold investors, first-time landlords, or portfolio expansion. Contact me for additional financial details and to schedule a showing.

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Multi-Family Pending

Price

$ 159,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,076

Style

Lot Size

0.15

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1529163

Features
General
Sewer Public Sewer
Cooling Wall Unit(s) Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Appliances Refrigerator Electric Water Heater Electric Range
Year Built 1930
Tenant Pays All Utilities
Stories Count 1
Property Subtype Duplex
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Missionary Hgts
Garage Y/N N
Status Contingent
High School Brainerd High
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 6625.0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Orchard Knob Elementary
Land Lease Y/N N
Tax Annual Amount 1076.95
Home Warranty Y/N N
Middle/Junior High School Orchard Knob Middle
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Pending
Legal Description Lt 9 Blk 26 Missionary Heights Pb5 Pg29
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Exterior
Parking Features Off Street
Water Source Public
Lot Size Area 0.15
Spa N
Building Area Total 1040.0
Lot Dimensions 50X132.5
Lot Size Acres 0.15
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1040.0
Below Grade Finished Area 0.0
Total Baths 0
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Internal Only
Street Number 1 2016
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* Excluded Features
List By
Mountain View Property Management, Llc

Broker

allyson@mtnviewpm.com

Email

Affordability Calculator

$1,074
Per Month
92%
8%
0%
Monthly Principal & Interest
$985
Monthly Property Taxes
$90
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
1547628 Elementary School
1547725 Middle School
Brainerd High High School
Pricing History
DatePricePrice ChangeDescription
2/24/2026$159,900 Listed Price

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2016 Rawlings Street, Chattanooga, TN, 37406 is a Multi-Family Home for sale at $159,900 with 1,040 sqft and a lot size of 0.15. 2016 Rawlings Street is a studio with 0.0 baths. The property's zip code is 37406 which is in Chattanooga, TN