4514/ 4516 Oakland Avenue Chattanooga, TN $ 585,000
4514/ 4516 Oakland Avenue
$ 585,000
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4514/ 4516 Oakland Avenue

Chattanooga, TN, 37410
$ 585,000
Baths0.0 Sq 3,120

Monthly Estimate*

$ 3,602

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $585,000. This 3,120 square foot home was built on a lot size of 0.14.

Turnkey income-producing duplex averaging $6,631/month in gross revenue. Built in 2023, this newer-construction townhome duplex offers two spacious 3BR/2.5BA units loaded with modern finishes: granite countertops, stainless appliances, large kitchen islands, LVP flooring, covered back decks, and 1-car garages. Unit 1 is stabilized on a 2-year lease at $2,500/month. Unit 2 is a high-performing furnished short-term vacation rental (STVR) generating over $4,100/month gross -- furnishings negotiable. Both units feature professionally landscaped, fenced backyard spaces and carry EPB Smart Build certification for energy efficiency. Can be delivered furnished for a true plug-and-play investment. Located minutes from Downtown Chattanooga, Southside, and St. Elmo -- one of the city's fastest-growing corridors. Whether you're a seasoned investor or house-hacker, this dual-income asset delivers immediate cash flow with long-term upside. Schedule your showing today.

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Multi-Family Pending

Price

$ 585,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,513

Style

Lot Size

0.14

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1532042

Features
General
Sewer Public Sewer
Cooling Central Air Electric
Possession Close Of Escrow Subject To Tenant Rights
Garage Spaces 2.0
Year Built 2023
Levels Two
Property Subtype Duplex
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Alton Park Addn
Garage Y/N Y
Status Contingent
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 6098.4
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Calvin Donaldson Elementary
Land Lease Y/N N
Tax Annual Amount 5513.99
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 77 Blk 24 Alton Park Addn No 1 P B3 Pg8
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Exterior
Exterior Amenities Private Yard
Fencing Fenced
Parking Features Garage Off Street Paved
Water Source Public
Lot Size Area 0.14
Spa N
Building Area Total 3120.0
Lot Dimensions 50X125
Lot Size Acres 0.14
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Luxury Vinyl
Fireplace Features Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Fireplace Y/N Y
Laundry Features Laundry Room
Total Baths 0
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Internal Only
Street Number 1 45144516
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* Excluded Features
List By
Real Broker

Broker

matthew.macaulay@gmail.com

Email

Affordability Calculator

$4,061
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,602
Monthly Property Taxes
$459
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
1547255 Elementary School
1547503 Middle School
Howard School of Academics & Tech High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$585,000 Listed Price

Map


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4514/ 4516 Oakland Avenue, Chattanooga, TN, 37410 is a Multi-Family Home for sale at $585,000 with 3,120 sqft and a lot size of 0.14. 4514/ 4516 Oakland Avenue is a studio with 0.0 baths. The property's zip code is 37410 which is in Chattanooga, TN