409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
409 Colville ST, Chattanooga, TN 37405
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$ 550,000
Est. payment | /mo

5 Beds

4 Baths

2,083 SqFt


Save
$ 550,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,083 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,083 sqft

Price per Sqft $264

Subdivision Colvilles Addn

MLS Listing ID 1536158

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 1912

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 32X113.25

Property Sub-Type Single Family Residence

Source Greater Chattanooga REALTORS®

Property Description

Exceptional investment opportunity in one of Chattanooga's most sought-after neighborhoods! This North Shore duplex at 409 Colville St offers 2,083 sq ft of income-producing potential with strong fundamentals and turnkey condition. Currently generating $3,100/month in rental income with both units occupied.

The main level features a spacious 2 bed/2 bath unit with in-unit laundry +office, and charming front porch, currently leased month-to-month at $1,850/month. The upper level offers a 2 bed/1 bath unit with in-unit laundry, leased at $1,250/month through July 31st. Both units feature modern LVP and tile flooring throughout and separate entrances for privacy and convenience.

The fenced backyard includes a nice patio area perfect for tenants to enjoy outdoor living. This is a rare opportunity for investors seeking cash flow or owner-occupants looking to offset their mortgage by living in one unit while renting the other.

Prime North Shore location offers close proximity to Coolidge Park, vibrant Frazier Avenue dining and entertainment, the Riverwalk, and Normal Park schools. This is a rare opportunity to own in one of the city's most dynamic and walkable neighborhoods. Whether you're building your rental portfolio or looking to move into the city, 409 Colville delivers location, income, and upside potential.

Location

State TN

County Hamilton

Area 0.12

Rooms

Basement None

Interior

Interior Features High Speed Internet, Open Floorplan, Tub/shower Combo

Heating Central, Natural Gas

Cooling Central Air

Flooring Luxury Vinyl, Plank

Fireplace No

Window Features Vinyl Frames

Appliance Free-Standing Electric Range, Dishwasher

Heat Source Central, Natural Gas

Laundry Laundry Closet

Exterior

Exterior Feature Awning(s), Fire Pit

Parking Features On Street

Garage Description On Street

Pool None

Community Features None

Utilities Available Sewer Connected

Roof Type Asphalt,Shingle

Garage No

Building

Lot Description Level

Faces from Veterans Bridge, go left on Frazier, turn right at light on Forest, top of the hill go right on Colville, home will be on the left.

Story One

Foundation Brick/Mortar, Stone

Sewer Public Sewer

Water Public

Structure Type Brick,Stone,Other

Schools

Elementary Schools Normal Park Elementary

Middle Schools Normal Park Upper

High Schools Red Bank High School

Others

Senior Community No

Tax ID 135d J 023

Acceptable Financing Lease Option

Listing Terms Lease Option

Special Listing Condition Personal Interest

Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Donald L. Tindell Inc

Nearby Locations

Vaughn Burnham

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(423) 749-0000

vaughnburnhamrealtor@gmail.com

117 Nowlin Ln, Chattanooga, TN, 37421, USA

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409 Colville ST