1511 S Greenwood Avenue Chattanooga, TN $ 399,900
1511 S Greenwood Avenue
$ 399,900
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1511 S Greenwood Avenue

Chattanooga, TN, 37404
$ 399,900
Bedrooms8 Baths4.0 Sq 2,936

Monthly Estimate*

$ 2,762

1511 S Greenwood Avenue, Chattanooga, TN 37404 - Image 1
1511 S Greenwood Avenue, Chattanooga, TN 37404 - Image 2
1511 S Greenwood Avenue, Chattanooga, TN 37404 - Image 3
1511 S Greenwood Avenue, Chattanooga, TN 37404 - Image 4
1511 S Greenwood Avenue, Chattanooga, TN 37404 - Image 5

Multi-Family Home for sale in Chattanooga, TN

for $399,900 with 8 bedrooms and 4 full baths. This 2,936 square foot home was built in 1920.

Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside. Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements. The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area. Owner/Agent.

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Multi-Family Active

Price

$ 399,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,399

Style

Duplex

Year Built

1920

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

3628739

Features
General
Living Area 2936
Sewer Public Sewer
Heating Electric
Cooling Electric Wall/Window Unit(s)
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Other
Year Built 1920
Tenant Pays Other
Stories Count 1
Levels One
County Hamilton County TN
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Stone & Evans
Rent Includes Other
Status Active
Buyer Financing Conventional Other
High School Howard School Of Academics Technology
City Chattanooga
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Elementary School East Side Elementary School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 4399
Middle/Junior High School Orchard Knob Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 2700
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached Gravel
Water Source Public
Total Parking 0
Building Area Total 2936
Lot Dimensions 38X100
Waterfront Y/N N
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Internal Only
Street Number 1 1511
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* Excluded Features
List By
Greater Downtown Realty Dba Keller Williams Realty

Broker

liampinson@kw.co

Email

Affordability Calculator

$3,129
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,762
Monthly Property Taxes
$367
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4318815 Elementary School
4313249 Middle School
Howard School Of Academics Technology High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2026$399,900 Listed Price

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1511 S Greenwood Avenue, Chattanooga, TN, 37404 is a Multi-Family Home for sale at $399,900 with 2,936 sqft. 1511 S Greenwood Avenue has 8 bedrooms, 4.0 baths, and was built in 1920. The property's zip code is 37404 which is in Chattanooga, TN