Undisclosed Address
Chattanooga, Tennessee, 37404, United States
4,880
ft²
-
acres
-
beds
-
baths
Property Provided By
- Grace Frank
- Zach Taylor Chattanooga
- +1 (423) 208-3834
Property Information
Immediate income. Four leased townhomes. Newer construction with income growth potential. Located at 1502 E. 13th Street, this fully occupied Chattanooga investment offers four townhomes totaling approximately 4,880 square feet. Current listed rents generate $6,520 per month, or $78,240 in annual gross rental income, providing an established income stream with potential for rent adjustments as leases renew. Each townhome offers approximately 1,220 square feet. Most tenants are on one-year leases, while Unit 112 is leased month-to-month, offering near-term flexibility. Dedicated parking for each townhome, alley access, a rear-building sprinkler system, and underground stormwater management add to the property's appeal. Conveniently located near downtown Chattanooga, Highland Park, the Main Street district, UTC, and major medical centers, the property provides access to employment, dining, breweries, and entertainment. Hold all four townhomes for ongoing rental income, evaluate opportunities for rent growth as leases renew, or explore potential individual unit sales, subject to verification of separate ownership and applicable requirements. Four income-producing townhomes, an established tenant base, and future flexibility--all in Chattanooga's urban core.
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Information herein is deemed reliable but not guaranteed and 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. This content last updated on 2026-10-29 14:47:43. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
Property Provided By
- Grace Frank
- Zach Taylor Chattanooga
- +1 (423) 208-3834
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