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8 Beds
4 Baths
2,936 sqft

$399,900

1511 S Greenwood Avenue, Chattanooga TN, 37404

Price per sqft$136.21
Built in1920
Property size2,936 sqft
Property typeMulti-family
Courtesy of Liam Pinson, Keller Williams Realty,423-260-5578

Overview

Active

Listed Aug 4, 2026

Updated Aug 5

Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside. Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements. The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area. Owner/Agent.

$2,661/mo

Est. mortgage payment based on a $399,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1540013

Interior Features

Bedrooms
8
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$4,399
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Liam Pinson, Keller Williams Realty,423-260-5578 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Alan Baird shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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