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2016 Rawlings Street, Chattanooga, TN 37406

Chattanooga
Local realty services provided by:CENTURY 21 BELLORA
2016 Rawlings Street,Chattanooga, TN 37406
$159,900
  • - Beds
  • - Baths
  • 1,040 sq. ft.
  • Multi-family
  • Pending
Listed by: allyson mildenberger
Office: mountain view property management, llc.
MLS#:1529163
Source:TN_CAR

Price summary

  • Price:$159,900
  • Price per sq. ft.:$153.75

About this home

Income-producing duplex priced for strong cash flow. Each unit offers 1 bedroom and 1 bathroom, serving steady workforce rental demand in the Chattanooga market. Unit 2016 is occupied by a long-term tenant through CHA's Housing Choice Voucher Program at $1,015/month -- government-backed income with low vacancy risk. Unit 2018 has been made rent-ready and is available for immediate lease-up. Projected gross income approaches ~$24,000 annually at full occupancy, offering attractive yield potential at this price point. Affordable small multifamily opportunities under $160K in Chattanooga are increasingly limited. Ideal for buy-and-hold investors, first-time landlords, or portfolio expansion. Contact me for additional financial details and to schedule a showing.

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Home facts

  • Year built:1930
  • Listing ID #:1529163
  • Added:10 day(s) ago
  • Updated:March 07, 2026 at 08:21 AM

Rooms and interior

  • Living area:1,040 sq. ft.

Heating and cooling

  • Cooling:Wall Unit(s), Window Unit(s)

Structure and exterior

  • Year built:1930
  • Building area:1,040 sq. ft.
  • Lot area:0.15 Acres

Utilities

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

Finances and disclosures

  • Price:$159,900
  • Price per sq. ft.:$153.75
  • Tax amount:$1,076

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