714 Merriam Street
Chattanooga, TN, 37405 $ 400,000
Bedrooms2 Baths2.0 Sq 1,344 Monthly Estimate*
$ 2,526
for $400,000 with 2 bedrooms and 2 full baths. This 1,344 square foot home was built on a lot size of 0.19.
Opportunity is knocking! This well-maintained duplex is within walking distance to Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails. All of these amenities are just moments away while the property itself sits on a quiet, peaceful street. Please note: Because this is a duplex, showings will be limited to the left side, 712 Merriam St. The 714 side is currently occupied by a long-term tenant who is paying $1,225/month, with a lease in place through June 1, 2027. The 712 Merriam side features a spacious one-bedroom, one-bath layout with ample storage, off-street parking, and access to the large, fenced, flat backyard. The property also has alley access in the rear, offering the potential for additional parking. A large storage building provides plenty of room for toys, tools, and extra belongings. The property has seen several recent improvements, including a brand-new roof and an encapsulated crawlspace. Electrical and plumbing have been updated, along with the kitchens, bathrooms, flooring, and insulated windows in recent years. The 712 Merriam side has continued to operate as a short-term rental, offering flexibility for an investor or owner-occupant. The 714 side provides consistent long-term rental income at $1,225/month through June 2027. With its desirable location, multiple rental possibilities, recent updates, and income potential, this duplex offers plenty of options for its next owner. Opportunities like this don't last long!
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FeaturesInteriorInterior Amenities Open Floorplan Storage
Basement Crawl Space
Flooring Tile Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 2
Total Baths 2
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GeneralSewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Sewer Connected
Possession Close Of Escrow
Roof Shingle
Appliances Washer/Dryer Oven Microwave Gas Range Dishwasher
Garage Spaces 2.0
Patio/Porch Features Deck Patio
Construction Materials Other
Year Built 1960
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Duplex
Community Features None
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name North Chatt Land Co
Garage Y/N Y
Status Active
Directions From downtown Chattanooga go north on Market Street. Turn left onto Chambliss St. Turn right onto Merriam St. Home is on the right.
High School Red Bank High School
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 8450.0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Red Bank Elementary
Land Lease Y/N N
Tax Annual Amount 3138.17
Home Warranty Y/N N
Current Financing None
Middle/Junior High School Red Bank 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
Structure Type Duplex
Standard Status Active
Legal Description LT 173 NORTH CHATT LAND CO PB1 PG28
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ExteriorFencing Fenced
Parking Features Kitchen Level Off Street
Lot Features Level
Water Source Public
Lot Size Area 0.19
Foundation Details Slab
Spa N
Building Area Total 1344.0
Lot Dimensions 50X169.2
Lot Size Acres 0.19
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByAshley@chattaliving.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,526
- Monthly Property Taxes
- $262
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Chattanooga, TN
Average List Price $479,587
Percent of Sale Price 20%
About Chattanooga, TN 184,934 Population
16% Since 2002
$ 44,682 Median Income
38.38 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
1547927 Elementary School
1547449 Middle School
Red Bank High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/22/2026 | $400,000 | | Listed Price |