Anna Sherry - Benchmark Realty Logo
$205,000
 $1,100 est/mo Sourced by Back At You

1307 Wheeler Avenue,Chattanooga, TN 37406

Chattanooga, TN 37406

Share:

PreviousNext

Description

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 instructions. 1725 Newton $189,900

Details

MLS #1540425
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1930
Days On Site86
Listing Provided ByBest Realty of Chattanooga LLC | Chanda Strickland

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,607
Story(s)1
Acreage0.16

Interior

Rooms Total6
CoolingCentral Air
Cooling Yes / NoYes
AppliancesRefrigerator
Fireplace Yes / NoNo

Exterior

Exterior FeaturesRain Gutters
Construction MaterialsCement Siding, Wood Siding
Foundation DetailsBrick/Mortar
Architectural StyleOther

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Utilities

UtilitiesCable Connected, Electricity Connected, Sewer Connected
SewerPublic Sewer
Water SourcePublic

Location

Senior Community Yes / NoNo

Taxes

Tax Annual Amount722.74
Tax Legal DescriptionLot 14 Blk 3 Arlington Hgts Addn Pb 5 Pg 21

Area Information

StateTN
CountyHamilton
CityChattanooga
Zip Code37406
AreaHamilton
Community NameArlington Heights
School DistrictBrainerd High
Elementary SchoolHardy Elementary
High SchoolBrainerd High
Listing VS Median (in Arlington Heights)
Price:
$205,000
low | high
Med:
$205,000
50% of Average
sqft:
1,607
low | high
Med:
1,607
50% of Average
$ / sqft:
$128
low | high
Med:
$128
50% of Average
On site:
86
low | high
Med:
86
100% of Average
Sourced by Back At You

Market Activity 37406

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
I agree to be contacted by Benchmark Realty LLC via call, email, and text for real estate services. To opt out, you can reply ‘STOP’ at any time or reply ‘HELP’ for assistance. You can also click the unsubscribe link in emails. Message and data rates may apply. Message frequency may vary. https://www.benchmarkagent.com/privacy.
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Greater Chattanooga REALTORS®.

Contact

Learn More About This Property

Anna Sherry

Anna Sherry

Benchmark Realty

(615) 772-4008annasherryrealestate@gmail.com
StateTN
CountyHamilton
CityChattanooga
Zip Code37406
AreaHamilton
Community NameArlington Heights
School DistrictBrainerd High
Elementary SchoolHardy Elementary
High SchoolBrainerd High
Listing VS Median (in Arlington Heights)
Price:
$205,000
low | high
Med:
$205,000
50% of Average
sqft:
1,607
low | high
Med:
1,607
50% of Average
$ / sqft:
$128
low | high
Med:
$128
50% of Average
On site:
86
low | high
Med:
86
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $153K - $256K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1240 Wheeler Ave Property Photo 1
$224,900
1240 Wheeler Ave
Chattanooga, TN 37406
Listing Updated: September 28, 2026 at 7:45:33 PM PDT