714 Merriam Street Chattanooga, TN $ 400,000
714 Merriam Street
$ 400,000
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714 Merriam Street

Chattanooga, TN, 37405
$ 400,000
Bedrooms2 Baths2.0 Sq 1,344

Monthly Estimate*

$ 2,526

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Multi-Family Home for sale in Chattanooga, TN

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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Multi-Family Active

Price

$ 400,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,138

Style

Duplex

Lot Size

0.19

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1543219

Features
Interior
Interior 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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General
Sewer 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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Exterior
Fencing 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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Internal Only
Street Number 1 714
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* Excluded Features
List By
Real Broker

Broker

Ashley@chattaliving.com

Email

Affordability Calculator

$2,787
Per Month
91%
9%
0%
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.
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Nearby
1547927 Elementary School
1547449 Middle School
Red Bank High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$400,000 Listed Price

Map


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714 Merriam Street, Chattanooga, TN, 37405 is a Multi-Family Home for sale at $400,000 with 1,344 sqft and a lot size of 0.19. 714 Merriam Street has 2 bedrooms and 2.0 baths. The property's zip code is 37405 which is in Chattanooga, TN