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Three-Lot Multifamily Property with Cottage
For Sale
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5704 Pumpkin Pie Ln, Chattanooga, TN 37409

Updated primary residence with a separate guest cottage offering its own kitchen and full bathroom.

Property SizeContact for details
Lot Size0.43 Acres
Days on Market159

Property Features for 5704 Pumpkin Pie Ln

General Information

Standard status Active
Class A
Lot size 0.43 Acres
Property subtype Multifamily, Special Purpose
Zoning Residential
Investment Type Owner/User

Additional Details

Road Access Yes

Building Details

Year Built 1917
Year Renovated 2020
Buildings 3
Units 2
Listing Agency: Keller Williams Realty Greater Downtown
Listed By: Alyssa Wade · License #TN 346894
Source: Crexi
Added: Mar 28 Changed: Aug 31 Last Checked: Aug 31 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Greater Downtown

Investment Insights

Based on property information with market context.

This residential income property includes a three-bedroom, two-bathroom main home measuring 1,056 square feet, along with a detached 295-square-foot guest cottage. The cottage has a full kitchen and bathroom, while the original garage apartment offers 616 square feet of rehabilitation opportunity. The primary residence underwent a substantial 2020 renovation that included electrical and plumbing improvements while retaining its historic character.

The property encompasses three original lots totaling .43 acres on Pumpkin Pie Lane in St. Elmo, with a creek and stone backdrop contributing to the setting. The address is within walking distance of the Hot Chocolatier, a taco truck, local shops, and trails. Residential zoning applies to the property.

Key Highlights

  • Three original lots totaling .43 acres
  • Updated 1,056 sq ft three‑bedroom, two‑bathroom main home
  • 2020 renovation included major electrical and plumbing upgrades

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 37409, TN

2,791
Population
1,719
Households
1.6
Avg Household Size
37
Median Age
55%
College-Educated
95%
High-School Grad
4.4 sq mi
ZIP Area
634
Density / Sq Mi
$75,076
Median Household Income
$41,479
Median Earnings
$1,138
Median Rent
$245,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Updated primary residence with a separate guest cottage offering its own kitchen and full bathroom.
Where is this multifamily property located?
The property is located at 5704 Pumpkin Pie Ln Chattanooga, TN.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Three original lots totaling .43 acres; Updated 1,056 sq ft three‑bedroom, two‑bathroom main home; 2020 renovation included major electrical and plumbing upgrades
(423) 304-7810 Call to check price and availability
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