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1307 Wheeler Avenue, Chattanooga, TN 37406

Chattanooga
Local realty services provided by:CENTURY 21 Professional Group
1307 Wheeler Avenue,Chattanooga, TN 37406
$205,000
  • 3 Beds
  • 2 Baths
  • 1,607 sq. ft.
  • Single family
  • Active
Listed by: chanda strickland
Office: best realty of chattanooga llc.
MLS#:1540425
Source:TN_CAR

Price summary

  • Price:$205,000
  • Price per sq. ft.:$127.57

About this home

TENANT-OCCUPIED INVESTMENT OPPORTUNITY | $1,589/MONTH CURRENT RENT Looking for an income-producing property with a tenant already in place? 1307 Wheeler Ave currently generates $1,589 per month in rental income, with the existing lease running through March 31, 2027. Purchase this property individually or take advantage of the opportunity to acquire a three-property Chattanooga rental portfolio consisting of 1307 Wheeler Ave, 1725 Newton St and 2120 Cleveland Ave. The three properties currently generate a combined $4,654 per month / $55,848 annually in scheduled gross rent and feature staggered lease expirations. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. An attractive opportunity for a buy-and-hold investor seeking occupied properties with established rental income. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing...

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Home facts

  • Year built:1930
  • Subdivision & Development:Arlington Heights
  • Listing ID #:1540425
  • Added:75 day(s) ago
  • Updated:October 24, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:6
  • Living area:1,607 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1930
  • Building area:1,607 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Cement Siding, Wood Siding
  • Exterior Features:Rain Gutters
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$205,000
  • Price per sq. ft.:$127.57
  • Tax amount:$722

Parking

  • Parking description:Driveway

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