520 S Holly Street Chattanooga, TN $ 2,295,000
520 S Holly Street
$ 2,295,000
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520 S Holly Street

Chattanooga, TN, 37404
$ 2,295,000
Baths0.0 Sq 1,596

Monthly Estimate*

$ 14,131

520 S Holly Street, Chattanooga, TN 37404 - Image 1
Studio

Multi-Family Home for sale in Chattanooga, TN

for $2,295,000. This 1,596 square foot home was built on a lot size of 0.21.

THIS PROPRTY MUST BE PURCHASED AS RENTAL PACKAGE. ADDITIONAL MLS NUMBERS TO FOLLOW. PROPERTY WILL NOT BE SOLD INDUVIDUALLY. TOTAL PACKAGE PRICE IS $2,295,000. This package of homes includes 12 single family homes and 2 duplex units. Purchase this updated and cash flowing rental property to increase your monthly revenue stream and lock in potential tax advantages. Updates include but not limited to siding, roofing, windows, gutters and flooring. These units produce nearly $21,000 in monthly gross revenues. Leases in place with many long-term tenants. These units would be a great addition to any portfolio or great for new investor as they are currently rented, updated and ready for new ownership. No sign on property. Please do not disturb tenants. Subject to Tenant's Rights. Showings once fully executed Letter of Intent in place. Buyer to verify any and all information deemed essential. Properties all to be sold in As Is condition. This unit was fully renovated in 2018 with updated electrical, baths, kitchens and more. Great location near UTC. Total rent for both sides is $2525.

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Multi-Family Active

Price

$ 2,295,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,362

Style

Lot Size

0.21

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1531005

Features
Interior
Interior Amenities Laminate Counters Tub/shower Combo
Basement Crawl Space
Flooring Laminate Luxury Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Other
Fireplace Y/N N
Above Grade Finished Area 1596.0
Laundry Features In Unit Laundry Closet
Total Baths 0
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General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow Subject To Tenant Rights
Roof Metal
Appliances Refrigerator Electric Water Heater Electric Range
Patio/Porch Features Deck Porch
Architectural Style Other
Construction Materials Other
Year Built 1960
Tenant Pays All Utilities
Stories Count 1
Levels One
Property Subtype Duplex
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions From downtown take MLK until it turns into Bailey Avenue cross Holtzclaw property on left at corner of Bailey and Holly Street.
High School Howard School of Academics & Tech
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 9147.6
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Orchard Knob Elementary
Land Lease Y/N N
Tax Annual Amount 2362.11
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School Orchard Knob Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Legal Description Lt 16 Blk 15 Highland Park Addn No 1 Pb 1 Pg 23
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Exterior
Parking Features Off Street
Lot Features Level
Water Source Public
Lot Size Area 0.21
Foundation Details Block
Spa N
Building Area Total 1596.0
Lot Dimensions 51.7X135
Lot Size Acres 0.21
Road Surface Type Paved
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 520
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* Excluded Features
List By
5H Realty Services, Llc

Broker

bdwardlaw@gmail.com

Email

Affordability Calculator

$14,328
Per Month
99%
1%
0%
Monthly Principal & Interest
$14,131
Monthly Property Taxes
$197
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
1548009 Elementary School
1547503 Middle School
Howard School of Academics & Tech High School High School
Pricing History
DatePricePrice ChangeDescription
3/24/2026$2,295,000 Listed Price

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520 S Holly Street, Chattanooga, TN, 37404 is a Multi-Family Home for sale at $2,295,000 with 1,596 sqft and a lot size of 0.21. 520 S Holly Street is a studio with 0.0 baths. The property's zip code is 37404 which is in Chattanooga, TN