2-Unit Residential
5801 Wentworth Avenue, Chattanooga, TN 37412
For Sale
$270,000
Each apartment offers two bedrooms and one bathroom, with both units currently occupied under leases through 2026.
Property Size1,676 SF
Price / SF$161.10
Days on Market334
Property Features for 5801 Wentworth Avenue
General Information
Standard status
Size
Property subtype
Occupancy
Financials
Gross Income
Average Monthly Rent
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Oak and Willows Real Estate Collective PLLC
(423) 218-2212
Listed By:
Tag Thompson
(678) 371-1724
Source:
Chattanoogahomes
Added: Dec 11, 2025
Changed: Nov 6
Last Checked: Nov 9 at 7:51PM
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 Oak and Willows Real Estate Collective PLLC
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Investment Insights
Based on property information with market context.
Built in 1970, this 1,676-square-foot duplex contains two matching apartments, each with two bedrooms and one bathroom. Both units are occupied, with leases in place through the end of 2026. The property has received ongoing maintenance.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- 1,676‑square‑foot duplex
- Both apartments occupied with leases through the end of 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,454
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,080
$329.1K
Cap Rate 7%
$235,057
$235.1K
Cap Rate 9%
$182,822
$182.8K
Market Conditions
NOI Build-Up for 1,676 SF
Gross rent
$25.1K $15.00/SF
− Vacancy
−$1.6K −$0.98/SF
EGI
$23.5K $14.03/SF
− OpEx
−$7.1K −$4.21/SF
NOI
$16.5K $9.82/SF
Area
Chattanooga, TN
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,080
Cap Rate 7%
$235,057
Cap Rate 9%
$182,822
Alternative Uses
Best Use
Multifamily LT 5
$235.1K
$205.7K – $274.2K
NOI $16,454 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$210.9K
$184.6K – $246.1K
NOI $14,765 @ 7.0% cap · market cap 5.47%
Theoretical Best
Office A
$370.2K
$323.9K – $431.9K
NOI $25,911 @ 7.0% cap · market cap 9.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Explore this area
Business Placement
Demographics for 37412, TN
21,881
Population
10,305
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.7 sq mi
ZIP Area
2,515
Density / Sq Mi
$56,600
Median Household Income
$37,858
Median Earnings
$1,120
Median Rent
$182,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Chattanooga, TN
Properties on Market for Duplexes in Chattanooga
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each apartment offers two bedrooms and one bathroom, with both units currently occupied under leases through 2026.
Where is this duplex located?
The property is located at 5801 Wentworth Avenue Chattanooga, TN.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 1,676‑square‑foot duplex; Both apartments occupied with leases through the end of 2026
