5065 Shoals Lane Chattanooga, TN $ 315,000
5065 Shoals Lane
$ 315,000
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5065 Shoals Lane

Chattanooga, TN, 37416
$ 315,000
Baths0.0 Sq 1,797

Monthly Estimate*

$ 1,940

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $315,000. This 1,797 square foot home was built on a lot size of 0.37.

Investor Opportunity in Lake Shoals -Duplex on Cul-De-Sac! Welcome to 5065 Shoals Lane, a fantastic duplex tucked away in the quiet Lake Shoals subdivision just off Highway 58. Located on a spacious 0.37-acre cul-de-sac lot, this property offers privacy, convenience, and strong potential in one of Chattanooga's growing areas. With approximately 1,797 total square feet, this duplex features two separate units -- one offering 2 bedrooms and 1 full bath, and the other offering 3 bedrooms and 1 full bath -- making it ideal for investors or owner-occupants looking to offset their mortgage with rental income. Recent updates provide peace of mind and added value, including: • New roof • New windows • New flooring • Sewer line replaced (2020) • New HVAC condenser Each unit offers functional layouts with eat-in kitchens, open living spaces, and private yard access. Situated in a quiet community close to the water, this location provides easy access to Highway 58, Harrison Bay, shopping, and dining while maintaining a peaceful neighborhood setting. Utilities are individually metered Whether you're expanding your investment portfolio or looking for a live-in investment opportunity, this duplex checks all the boxes for location, updates, and long-term potential. Schedule your showing today!

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Multi-Family Active

Price

$ 315,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,226

Style

Duplex

Lot Size

0.37

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1528987

Features
Interior
Interior Amenities Eat-in Kitchen Open Floorplan Storage
Basement Crawl Space Finished
Flooring Laminate Tile
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1797.0
Laundry Features Electric Dryer Hookup In Unit Inside Washer Hookup
Total Baths 0
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General
Sewer Septic Tank
Heating Electric
Cooling Ceiling Fan(s) Electric Multi Units
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Electric Water Heater Electric Range
Garage Spaces 0.0
Patio/Porch Features Deck Patio Porch
Construction Materials Brick Vinyl Siding
Year Built 1971
Stories Count 2
Levels One Two
Property Subtype Duplex
Community Features Lake
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Lake Shoals
Garage Y/N Y
Status Active
Directions Get on I-24 E from Washington St US-11 N/US-64 E/E 23rd St and TN-27/Rossville BlvdContinue on I-24 E. Take TN-153 N to TN-58 N. Take exit 5A from TN-153 N Merge onto I-24 EUse the right 2 lanes to
High School Central 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 16117.2
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Harriman Elementary
Land Lease Y/N N
Tax Annual Amount 1226.14
Home Warranty Y/N N
Current Financing Conventional Other
Middle/Junior High School Brown 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 11 LAKE SHOALS PB23 PG74
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Exterior
Exterior Amenities Private Entrance Private Yard
Parking Features Driveway Kitchen Level Off Street
Lot Features Cul-De-Sac Sloped
Water Source Public
Lot Size Area 0.37
Foundation Details Block Slab
Spa N
Building Area Total 1797.0
Lot Dimensions 100X161.3
Lot Size Acres 0.37
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 5065
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* Excluded Features
List By
Keller Williams Realty

Broker

Sarah@KettererHomes.com

Email

Affordability Calculator

$2,042
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,940
Monthly Property Taxes
$102
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
5173126 Elementary School
1547369 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$315,000 Listed Price

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5065 Shoals Lane, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $315,000 with 1,797 sqft and a lot size of 0.37. 5065 Shoals Lane is a studio with 0.0 baths. The property's zip code is 37416 which is in Chattanooga, TN