506 Hargraves Avenue Chattanooga, TN 37411
New
MULTI_FAMILY - Contemporary - Chattanooga, TN
Property size:
1,378 SFLot size:
0.30 AcresPrice / SF:
$185/SF- Added:
- Apr 22, 2026
- Days on Market:
- 3
- Last Refresh:
- Apr 24 at 12:06 am
Property Features for 506 Hargraves Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 3
- Parking features
- Driveway, Off Street
- Window features
- Insulated Windows
- Patio and Porch features
- Porch
- Interior features
- Ceiling Fan(s), Entrance Foyer, Pantry, Tub/shower Combo
- Fencing
- Fenced
- Basement
- Crawl Space
- Appliances
- Free-Standing Refrigerator, Electric Range
- Standard status
- Active
- APN
- 147o Q 020
- Size
- 1,378 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Description
- LT 60 & PT LT 56 SHAWNEE PARK PB16 PG27 0067 05 10
- Tax Annual Amount
- 2262
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Vinyl, Tile
- Roof type
- Asphalt, Shingle
- Architectural style
- Contemporary
Listing agent Candice Neal License #365457 (706) 273-9176
Listing office Real Estate Partners Chattanooga LLC 2115 Stein Drive, Chattanooga, TN (423) 362-8333
Listing date Apr 22, 2026
MLS# 1533085
Listing URL
Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Chattanooga Duplex: Income Potential
This fully occupied duplex in Chattanooga, Tennessee, generates $1,900 per month in rental income. Each of the two units includes 2 bedrooms, 1 bath, and washer/dryer hookups. The property offers strong cash-flow potential with stable tenants. It presents an ideal opportunity for investors seeking immediate income in a growing Chattanooga market. The property has been meticulously maintained with little to no deferred maintenance. Central HVAC was installed in 2019, along with several new vinyl windows and new carpet, also in 2019. Situated on a level lot on a quiet street, the property includes a shared fenced-in backyard. Both sides are occupied at $950 per month each, with leases in place and long-term tenants. The property size is 1378 square feet and the lot size is 0.3 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.231461
- Latitude
- 35.026859
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Fully occupied duplex in Chattanooga, TN, generating $1,900 monthly income.
Where is this duplex located?
The property is located at 506 Hargraves Avenue Chattanooga, TN.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Generates $1,900/month in rental income with stable tenants.; Fully occupied duplex provides immediate cash flow.; Meticulously maintained with central HVAC (2019), new vinyl windows (2019), and new carpet (2019).
