Recently Listed New Construction 36003700 Hodley Avenue
Chattanooga, TN, 37410 $ 450,000
Bedrooms4 Baths4.0 Sq 1,800 Monthly Estimate*
$ 3,108
for $450,000 with 4 bedrooms and 4 full baths. This 1,800 square foot home was built in 2026.
Live in one side. Lease the other. Rent both. However you choose to use it, this brand-new duplex creates opportunities that are increasingly rare in today's market. Located in the growing Somerville Cottages community in South Chattanooga, this newly constructed two-unit townhome offers multiple ways to generate income, reduce housing costs, and build equity. Owner-occupants can offset their mortgage by leasing one side while enjoying the benefits of homeownership. Investors can add a turnkey asset to their portfolio in an area experiencing significant growth and strong rental demand. The flexible layout also creates opportunities for multi-generational living, roommates, or shared ownership arrangements. What truly sets this property apart is the combination of income potential and peace of mind. Unlike older duplexes that often require immediate repairs, ongoing maintenance, or costly capital improvements, this property is brand new and backed by a 1/2/10 builder's warranty. That means predictable ownership costs, reduced maintenance concerns, and the ability to focus on maximizing the property's potential rather than budgeting for unexpected expenses. Each unit is thoughtfully finished with quartz countertops, a complete appliance package, luxury vinyl plank flooring throughout, high ceilings, and modern design selections that appeal to today's renters and homeowners alike. Durable materials, efficient floor plans, and cohesive finishes help support long-term rental appeal while minimizing upkeep. South Chattanooga continues to see substantial investment and development, attracting both residents and investors seeking proximity to the city's most popular destinations. Located just minutes from Downtown Chattanooga, Main Street, St. Elmo, Broad Street, Publix, and the new stadium district, this location offers the accessibility, convenience, and lifestyle amenities that help drive consistent housing demand.
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FeaturesGeneralLiving Area 1800
Sewer Public Sewer
Heating Central Electric
Cooling Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Other
HOA Fee 100
Association Fee Includes Maintenance Grounds
Construction Materials Other
Year Built 2026
Assoc Fee Paid Per Monthly
County Hamilton County TN
New Construction Y
Property Type Residential Income
Association Amenities Sidewalks
Attached Garage N
Subdivision Name Somerville Cottages
Status Active
Buyer Financing Other Conventional FHA
Directions From downtown take Market Street to Alton Park Blvd Turn left on West 35th. The community is on the Corner of W 35th St and Alton Park Blvd.
High School Howard School Of Academics Technology
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Elementary School Calvin Donaldson Elementary
Property Attached Y/N Y
Year Built Details New
Middle/Junior High School Orchard Knob Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 0
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InteriorFlooring Carpet Other
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 Builder
Above Grade Finished Area Source Builder
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Detached On Street Parking Lot Paved
Water Source Public
Total Parking 0
Building Area Total 1800
Waterfront Y/N N
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* Excluded FeaturesList ByRogue Real Estate Company, LlcBroker
ctoddhomes@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,108
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbyMulti-family listings in Chattanooga, TN
Average List Price $479,587
Percent of Sale Price 7%
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.
3927759 Elementary School
4313249 Middle School
Howard School Of Academics Technology High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/21/2026 | $450,000 | | Listed Price |