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953 E 5th Street, Chattanooga, TN 37403

$315,000
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Featured Listing Contingent
BEDS4 BATHS SQUARE FEET1,552 MLS#1541010
STATUSContingent PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODChattanooga

Property Description

Welcome to this well-located duplex offering two 2-bedroom, 1-bathroom units, each featuring the same functional layout and approximately 776 square feet of living space, for a total of 1,552 square feet.Built in 1959, this property offers classic character combined with practical updates. Both units feature a front porch, side and back yards, and a storage shed, providing comfortable outdoor space and additional storage.The left-side unit features LVT flooring and is currently leased through next summer, providing immediate rental income. The right-side unit has brand-new carpet and fresh paint and is vacant, offering the flexibility to move in yourself or place a new tenant.Located within walking distance of UTC and Erlanger Hospital and just a short distance from the historic Fort Wood neighborhood, this duplex is ideally positioned for students, medical professionals, and long-term renters.Whether you're looking to add an income-producing property to your portfolio, house-hack by living in one side while renting the other, or secure a conveniently located home with rental potential, this duplex is an excellent opportunity in a desirable area.

953 E 5th Street | MLS# 1541010

This multi-family property located at 953 E 5th Street, Chattanooga, TN 37403 is currently listed for sale by Crye-Leike, REALTORS, with an asking price of $315,000. Search Chattanooga real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Home Style: Ranch
Lot Size: 0.15 Acres
Taxes: $5,954
Year Built: 1959

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1150.00
Square Footage: 776
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 776

Feature Descriptions

Appliances: Free-Standing Electric Range, Refrigerator
Common Amenities: None
Days on Site: 13
Exterior: Brick
Exterior Amenities: Private Yard
Flooring: Carpet, Laminate, Vinyl
Interior Amenities: Tub/shower Combo
Laundry: Electric Dryer Hookup, In Hall, Main Level
Lot: Level
Lot Dimensions: 50X129
Parcel #: 146a G 022
Parking: Gravel, Off Street
Patio/Porch: Front Porch, Porch - Covered
Tenant Pays: All Utilities
Utilities: Electricity Connected, Sewer Connected, Water Connected

Local Schools

High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: Brown Academy

Listed By / Shown By

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Listed By

Agency Name: Crye-Leike, REALTORS
Agent Name: Mac Hibbett
Agency Phone: (423) 596-3004


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Co-Listed By

Agency Name: Crye-Leike, REALTORS
Agent Name: Tricia Peterson
Agency Phone: (631) 560-7802

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,289.10 per month $701.05 Principal & Interest $496.17 Property Tax $91.88 Homeowner's Insurance

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