Turnkey Renovated Duplex
5109 Sunbeam Avenue Chattanooga, TN 37411
5109 Sunbeam Avenue, Chattanooga, TN, 37411
$245,000
Pending
For Sale
$245,000
Pending
MULTI_FAMILY - Chattanooga, TN
Property Size1,402 SF
Lot Size0.26 Acres
Days on Market165
Property Features for 5109 Sunbeam Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3
- Parking features
- Off Street
- Interior features
- Eat-in Kitchen
- Appliances
- Water Heater, Refrigerator, Oven, Freezer, Free-Standing Electric Range, Dishwasher
- Standard status
- Pending
- APN
- 157k Q 025
- Size
- 1,402 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Description
- Pt Lts 12&13 Blk 3 Hamilton Place R Ev Pb 8 Pg 35
- Tax Annual Amount
- 1659
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Shingle
Listing Agency
Keller Williams Realty
(423) 664-1600
7158 Lee Hwy, Chattanooga, TN
Listed by
Charles Jabaley · License #TN352704
(423) 710-4602
Added: Feb 6 Updated: Jul 10 at 8:59 am Checked: Jul 21 at 1:06 am
MLS# 1528063
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.
Investment Insights
Based on property information with market context.
This turnkey duplex has been fully renovated, with comprehensive upgrades completed in 2023 across both units. Improvements include new support beams and floor joists, subfloor repairs, and luxury vinyl plank flooring throughout. The home also features new 2.5 ton HVAC units and new water heaters, along with updated kitchens with stainless steel appliances, new cabinets, and granite countertops. Bathrooms were refreshed with new vanities and fixtures, and the interior received new paint, lighting, plugs, and hardware. Exterior improvements are also noted, and the property includes a large, flat front yard and backyard.
Located at 5109 Sunbeam Avenue in Chattanooga (37411) within the Brainerd area, the duplex is described as being just minutes from downtown and major hospitals, along with nearby shopping and everyday amenities. The property is positioned on a quiet street.
From an ownership standpoint, the duplex offers existing rental income and immediate flexibility. Unit 5109 is leased at $950 per month with a lease term through 07/09/26, while Unit 5111 is currently vacant. The seller notes the property is fully renovated and ready for continued rental operation or occupancy planning.
Located at 5109 Sunbeam Avenue in Chattanooga (37411) within the Brainerd area, the duplex is described as being just minutes from downtown and major hospitals, along with nearby shopping and everyday amenities. The property is positioned on a quiet street.
From an ownership standpoint, the duplex offers existing rental income and immediate flexibility. Unit 5109 is leased at $950 per month with a lease term through 07/09/26, while Unit 5111 is currently vacant. The seller notes the property is fully renovated and ready for continued rental operation or occupancy planning.
Key Highlights
- Fully renovated duplex: both units comprehensively renovated in 2023 with major structural, mechanical, and cosmetic upgrades
- Unit 5109 rented at $950/month with lease through 07/09/26
- Updated interiors include eat‑in kitchen, stainless steel appliances, new kitchen cabinets with granite countertops, and fresh interior paint
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.0k | $15.00 |
| − Vacancy | −$1.4k | −$0.98 |
| EGI | $19.7k | $14.03 |
| − OpEx | −$5.9k | −$4.21 |
| NOI | $13.8k | $9.82 |
1,402 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$196.6K
$172.1K – $229.4K
NOI $13,764 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$176.4K
$154.4K – $205.9K
NOI $12,351 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$309.6K
$270.9K – $361.3K
NOI $21,675 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Fully renovated duplex with 2023 upgrades and a leased unit through 2026, plus a vacant second unit.
Where is this duplex located?
The property is located at 5109 Sunbeam Avenue Chattanooga, TN.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Fully renovated duplex: both units comprehensively renovated in 2023 with major structural, mechanical, and cosmetic upgrades; Unit 5109 rented at $950/month with lease through 07/09/26; Updated interiors include eat‑in kitchen, stainless steel appliances, new kitchen cabinets with granite countertops, and fresh interior paint
