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1500 +1502 E 13th Street, Chattanooga, TN 37404

Chattanooga
Local realty services provided by:CENTURY 21 BELLORA
1500 +1502 E 13th Street,Chattanooga, TN 37404
$1,295,000
  • 11 Beds
  • 9 Baths
  • 6,455 sq. ft.
  • Multi-family
  • Active
Listed by: grace frank
Office: zach taylor - chattanooga
MLS#:1543721
Source:TN_CAR

Price summary

  • Price:$1,295,000
  • Price per sq. ft.:$200.62

About this home

Immediate income. Five leased residences. Attractive pricing for newer construction with significant income upside. Located at 1500 & 1502 E. 13th Street, this fully occupied Chattanooga portfolio combines four townhomes and one detached single-family residence totaling approximately 6,455 square feet. Current rents generate $8,115 per month, or $97,380 in annual gross rental income, providing an established income stream with potential to increase returns through future rent adjustments as leases renew. Each townhome offers approximately 1,220 square feet, while the detached residence includes approximately 1,575 square feet. Most tenants are on one-year leases, with Unit 112 leased month-to-month, offering near-term flexibility. The newer townhome construction and attractive portfolio pricing create a compelling opportunity for investors seeking immediate cash flow and room for income growth. Situated on a spacious corner lot with alley access, the property features dedicated...

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Home facts

  • Year built:2022
  • Subdivision & Development:Fort & Porter Addn
  • Listing ID #:1543721
  • Added:23 day(s) ago
  • Updated:October 24, 2026 at 02:36 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:9
  • Full bathrooms:9
  • Flooring:Carpet, Hardwood, Luxury Vinyl
  • Dining Description:Eat-in Kitchen
  • Bathrooms Description:Tub/shower Combo
  • Kitchen Description:Eat-in Kitchen, Kitchen Island
  • Living area:6,455 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2022
  • Building area:6,455 sq. ft.
  • Lot area:0.3 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Block, Cement Siding, Wood Siding
  • Exterior Features:Courtyard, Lighting
  • Foundation Description:Block, Slab

Utilities

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

Finances and disclosures

  • Price:$1,295,000
  • Price per sq. ft.:$200.62

Features and amenities

  • Amenities:High Speed Internet, Open Floorplan, Recessed Lighting

Parking

  • Parking description:Gravel, Off Street

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