$585,000
$585,000
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4514/ 4516 Oakland AVE Chattanooga, TN 37410
6 Beds
8 Baths
3,120 SqFt
Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $187
Subdivision Alton Park Addn
MLS Listing ID 1532042
Sold Date 06/08/26
Bedrooms 6
Year Built 2023
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50X125
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Turnkey income-producing duplex averaging $6,631/month in gross revenue. Built in 2023, this newer-construction townhome duplex offers two spacious 3BR/2.5BA units loaded with modern finishes: granite countertops, stainless appliances, large kitchen islands, LVP flooring, covered back decks, and 1-car garages.
Unit 1 is stabilized on a 2-year lease at $2,500/month. Unit 2 is a high-performing furnished short-term vacation rental (STVR) generating over $4,100/month gross -- furnishings negotiable. Both units feature professionally landscaped, fenced backyard spaces and carry EPB Smart Build certification for energy efficiency. Can be delivered furnished for a true plug-and-play investment.
Located minutes from Downtown Chattanooga, Southside, and St. Elmo -- one of the city's fastest-growing corridors. Whether you're a seasoned investor or house-hacker, this dual-income asset delivers immediate cash flow with long-term upside. Schedule your showing today.
Location
State TN
County Hamilton
Area 0.14
Interior
Cooling Central Air, Electric
Flooring Luxury Vinyl
Fireplaces Type Electric
Fireplace Yes
Laundry Laundry Room
Exterior
Exterior Feature Private Yard
Parking Features Garage, Off Street, Paved
Garage Spaces 2.0
Garage Description Attached, Garage, Off Street, Paved
Total Parking Spaces 2
Garage Yes
Building
Story Two
Sewer Public Sewer
Water Public
Schools
Elementary Schools Calvin Donaldson Elementary
Middle Schools Orchard Knob Middle
High Schools Howard School Of Academics & Tech
Others
Senior Community No
Tax ID 167c H 035
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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