Description
Fully occupied duplex generating $1,900/month in rental income. Each unit features 2 bedrooms, 1 bath, and washer/dryer hookups. Strong cash-flow potential with stable tenants already in place. Ideal opportunity for investors seeking immediate income-producing property in a growing Chattanooga market. Property has been meticulously maintained with little to no deferred maintenance. Central HVAC installed 2019 as well as several new vinyl windows and new carpet in 2019. Property sits on a level lot on a quiet street with a shared fenced in back yard. Both sides are occupied at $950/month each with leases in place and long time tenants. *Do not disturb Tenants* *will show only w/ LOI or Bound Sale Agreement)
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4BEDS
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0.3ACRES
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0BATHS
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01/2 BATHS
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1,378SQFT
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$185$/SQFT
School Information
Description
Fully occupied duplex generating $1,900/month in rental income. Each unit features 2 bedrooms, 1 bath, and washer/dryer hookups. Strong cash-flow potential with stable tenants already in place. Ideal opportunity for investors seeking immediate income-producing property in a growing Chattanooga market. Property has been meticulously maintained with little to no deferred maintenance. Central HVAC installed 2019 as well as several new vinyl windows and new carpet in 2019. Property sits on a level lot on a quiet street with a shared fenced in back yard. Both sides are occupied at $950/month each with leases in place and long time tenants. *Do not disturb Tenants* *will show only w/ LOI or Bound Sale Agreement)
506 Hargraves Avenue Chattanooga, TN 37411
Property Description
Architectural Style Contemporary Attached Garage YN No Carport YN No Construction Materials Other Exterior Features None Fencing Back YardFenced Fencing Fenced Yes Foundation Details Block Garage YN No Lot Features Gentle SlopingLevelSloped Down Other Structures [] Parking Features ConcreteDrivewayGravelOff StreetOther Patio And Porch Features CoveredPorch - Covered Pool Features None Pool Features None Yes Roof AsphaltShingle Roof Asphalt Yes Roof Shingle Yes Spa YN No Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Free-Standing RefrigeratorElectric Range Basement Crawl Space Basement YN No Building Area Total 1378 Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetTileVinyl Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(s)Entrance FoyerPantryTub/shower Combo Laundry Features In KitchenInside Levels One Window Features Insulated Windows
Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features None Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment None Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 2261.6 Utilities Electricity ConnectedSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Real Estate Partners Chattanooga LLC: 423-362-8333.
