1307 Wheeler Avenue Chattanooga, TN $ 205,000
1307 Wheeler Avenue
$ 205,000
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1307 Wheeler Avenue

Chattanooga, TN, 37406
$ 205,000
Bedrooms3 Baths2.0 Sq 1,607

Monthly Estimate*

$ 1,294

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Single Family Home for sale in Chattanooga, TN

for $205,000 with 3 bedrooms and 2 full baths. This 1,607 square foot home was built on a lot size of 0.16.

TENANT-OCCUPIED INVESTMENT OPPORTUNITY | $1,589/MONTH CURRENT RENT Looking for an income-producing property with a tenant already in place? 1307 Wheeler Ave currently generates $1,589 per month in rental income, with the existing lease running through March 31, 2027. Purchase this property individually or take advantage of the opportunity to acquire a three-property Chattanooga rental portfolio consisting of 1307 Wheeler Ave, 1725 Newton St and 2120 Cleveland Ave. The three properties currently generate a combined $4,654 per month / $55,848 annually in scheduled gross rent and feature staggered lease expirations. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. An attractive opportunity for a buy-and-hold investor seeking occupied properties with established rental income. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions. 1725 Newton $189,900

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Single Family Active

Price

$ 205,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 722

Style

Lot Size

0.16

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1540425

Features
General
Sewer Public Sewer
Cooling Central Air
Utilities Cable Connected Electricity Connected Sewer Connected
Appliances Refrigerator
Architectural Style Other
Construction Materials Cement Siding Wood Siding
Year Built 1930
Stories Count 1
Property Subtype Single Family Residence
County Hamilton
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Arlington Heights
Garage Y/N N
Total Rooms 6
Full Baths 2
Status Active
Directions Wilcox left on Wheeler
High School Brainerd High
City Chattanooga
Senior Community Y/N N
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 6750.0
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Hardy Elementary
Land Lease Y/N N
Tax Annual Amount 722.74
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 Active
Legal Description Lot 14 Blk 3 Arlington Hgts Addn Pb 5 Pg 21
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Exterior
Exterior Amenities Rain Gutters
Parking Features Driveway
Water Source Public
Lot Size Area 0.16
Foundation Details Brick/Mortar
Spa N
Building Area Total 1607.0
Lot Dimensions 50X135
Lot Size Acres 0.16
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1607.0
Half Baths 0
Total Bedrooms 3
Total Baths 2
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Internal Only
Street Number 1 1307
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* Excluded Features
List By
Best Realty Of Chattanooga Llc

Broker

thebestrealty21@gmail.com

Email

Affordability Calculator

$1,355
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,294
Monthly Property Taxes
$60
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
1547869 Elementary School
1547725 Middle School
Brainerd High High School
Pricing History
DatePricePrice ChangeDescription
8/10/2026$205,000 Listed Price

Map


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1307 Wheeler Avenue, Chattanooga, TN, 37406 is a Single Family Home for sale at $205,000 with 1,607 sqft and a lot size of 0.16. 1307 Wheeler Avenue has 3 bedrooms and 2.0 baths. The property's zip code is 37406 which is in Chattanooga, TN