$439,000
6 beds 5 baths 4,665 sq. ft.
34.993026 -85.347471

115 S Forrest Ave Lookout Mountain, TN 37350

$439,000
Est. Monthly $2,528 with $3,551 in taxes recalculate
6 beds 5 baths 4,665 sf
 

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CENTURY 21 1st Choice Realtors
2075 N. Ocoee Street
Cleveland, TN 37311
423.­478.2332
423.­478.2332
CENTURY 21 1st Choice Realtors
2075 N. Ocoee Street Cleveland, TN 37311
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115 S Forrest Ave
Lookout Mountain, TN 37350

Explore This Property

Multi-Family (2-4 Units) - "Welcome to 115 S Forrest Ave, a very rare Lookout Mountain, TN home offering a fantastic opportunity for someone who is looking for an investment opportunity or better yet - to take up residence in the main level (3 bedroom, 2 full bath with two car garage) while leasing out the two upstairs apartments as well as the downstairs apartment to help cover their mortgage or supplement their income. This current owner utilized this space in exactly this way for many years upon purchasing the property after making some great changes, including opening up the kitchen and adding a keeping area, screened porch and basement garage. The space also includes a living room open to the dining area, a laundry room and a great covered front porch. There are 2,1 bed/1 bath apartments on the upper level - one of which has access to a large private balcony in effect extending the living space, while the other apartment has a great breakfast nook off the kitchen which could also be utilized as a home office if desired plus laundry hookup. The lower unit has entry from the back portion of the circular driveway and parking area, so it makes a great spot for someone looking for stairless access. The property has great curb appeal with its great outdoor living spaces, and you would never know that it was anything other than a quaint mountain home. All of this, plus it is located just at the top of the mountain approximately 10-15 minutes from downtown Chattanooga. Please call for additional information and your private showing today.
MLS # 1262399
Courtesy Of Keller Williams Realty

Property Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Lawn, Patio, Basement
  • Appliances: Oven, Refrigerator
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Exterior Type: Stone
  • Fireplace: Fireplace
  • Heating Fuel: Natural Gas
  • Heating System: Fireplace
  • Lot Size: 0.5 Acres
  • Parking Type: Garage - Attached, Off Street, Underground/Basement
  • Roof Type: Composition Shingle
  • Rooms: Basement, Bedroom, Full Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $2,528Your estimated monthly payment
    $87,80020% Down Payment
    $439,000 $395,100 $3,551
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    LOOKOUT MOUNTAIN ELEMENTARY SCHOOL
    Grades K-5 | Public School

    LOOKOUT MOUNTAIN, TN 37350
    321 N BRAGG AVE
    423-821-6116
    0.4
    miles

    Total Students 200
    Student Teacher Ratio 10:1

    School Rating

    5 stars View School Details
    Middle School
    LOOKOUT VALLEY MIDDLE / HIGH SCHOOL
    Grades 6-12 | Public School

    CHATTANOOGA, TN 37419
    350 LOOKOUT HIGH ST
    423-825-7352
    3.0
    miles

    Total Students 342
    Student Teacher Ratio 10:1

    School Rating

    2 stars View School Details
    High School
    LOOKOUT VALLEY MIDDLE / HIGH SCHOOL
    Grades 6-12 | Public School

    CHATTANOOGA, TN 37419
    350 LOOKOUT HIGH ST
    423-825-7352
    3.0
    miles

    Total Students 342
    Student Teacher Ratio 10:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Fairyland Elementary School 1.5 mi Public PRESCHOOL-5
    Calvin Donaldson Environmental Science Academy 2.0 mi Public PRESCHOOL-5
    Chattanooga Christian School 2.1 mi Private PRESCHOOL-12
    Rossville Elementary School 2.4 mi Public PRESCHOOL-5
    Howard School Of Academics Technology 3.1 mi Public 9-12
    Stone Creek Elementary School 3.1 mi Public PRESCHOOL-5
    Clifton Hills Elementary School 3.3 mi Public K-5
    Wildwood Adventist Elementary 3.5 mi Private 1-8
    Lookout Valley Elementary School 3.6 mi Public PRESCHOOL-5
    Ridgeland High School 3.6 mi Public 9-12
    Battle Academy For Teaching Learning 3.7 mi Public PRESCHOOL-5
    East Lake Academy Of Fine Arts 3.8 mi Public 6-8
    East Lake Elementary School 3.9 mi Public PRESCHOOL-5
    Siskin Early Learning Center 4.0 mi Private PRESCHOOL-K
    Chattanooga Valley Elementary School 4.0 mi Public K-5
    Rossville Middle School 4.2 mi Public 6-8
    Chattanooga Valley Middle School 4.4 mi Public 6-8
    Tommie F. Brown International Academy 4.4 mi Public PRESCHOOL-5

    Local Area Information for Lookout Mountain, TN 37350

    Median Age: 47.4
    Married: 55.0%
    Number of Households: 760
    Households with Children: 250
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Multi-Family (2-4 Units) located at 115 S Forrest Ave, Lookout Mountain, TN 37350 is currently for sale. 115 S Forrest Ave, Lookout Mountain is listed for $439,000. This property has 6 bedrooms, 5 full bathrooms, and approximately 4,665 square feet. If the property located at 115 S Forrest Ave, Lookout Mountain, TN isn't what you're looking for, search Tennessee real estate to see other houses for sale in Lookout Mountain.