New Listing
$1,295,000
 $6,952 est/mo Sourced by Back At You

15001502 E 13th Street,Chattanooga, TN 37404

Chattanooga, TN 37404

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Description

Immediate income. Five leased residences. Future flexibility. 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 $97,140 in annual gross rental income. 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, providing an established income stream alongside near-term flexibility. Situated on a spacious corner lot with alley access, the property features dedicated parking for each townhome, additional parking behind the residence, a rear-building sprinkler system, and underground stormwater management. Newer townhome construction adds appeal for investors seeking a manageable residential portfolio. Conveniently located near downtown Chattanooga, Highland Park, the Main Street district, UTC, and major medical centers, the property offers access to employment, dining, breweries, and entertainment. Hold the portfolio for ongoing rental income, explore future rent adjustments as leases renew, or pursue potential individual unit sales, subject to verification of separate ownership and applicable requirements. An opportunity to acquire five income-producing residences in Chattanooga's urban core.

Details

MLS #3603644
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2022
Days On Site2
Listing Provided ByZach Taylor Chattanooga | Grace Frank

Features

SQ Feet6,455
Units5

Parking

Parking FeaturesDetached, Gravel

Area Information

StateTN
CountyHamilton County
CityChattanooga
Zip Code37404
AreaHamilton County | TN
Community NameFort & Porter Addn
School DistrictHoward School Of Academics Techn
Elementary SchoolEast Side Elementary School
High SchoolHoward School Of Academics Techn
Listing VS Median (in Fort & Porter Addn)
Price:
$1,295,000
low | high
Med:
$892,450
81.084942084942% of Average
sqft:
6,455
low | high
Med:
4,337
82.811773818745% of Average
$ / sqft:
$201
low | high
Med:
$211
44.976701738757% of Average
On site:
2
low | high
Med:
51
3.921568627451% of Average
Sourced by Back At You

Market Activity 37404

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 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 3, 2026 at 2:20:37 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTN
CountyHamilton County
CityChattanooga
Zip Code37404
AreaHamilton County | TN
Community NameFort & Porter Addn
School DistrictHoward School Of Academics Techn
Elementary SchoolEast Side Elementary School
High SchoolHoward School Of Academics Techn
Listing VS Median (in Fort & Porter Addn)
Price:
$1,295,000
low | high
Med:
$892,450
81.084942084942% of Average
sqft:
6,455
low | high
Med:
4,337
82.811773818745% of Average
$ / sqft:
$201
low | high
Med:
$211
44.976701738757% of Average
On site:
2
low | high
Med:
51
3.921568627451% of Average
Sourced by Back At You
Listing Updated: October 1, 2026 at 9:20:45 AM PDT