Duplexes like this have been creating strong returns for investors for several decades, and they're still going strong! The value-add potential for this duplex is considerable. Located in a strong rental neighborhood where housing is in constant demand this property is located within easy reach of public transportation, employment opportunities, shopping, UTC, and downtown Chattanooga.
PHOTOS: Contact listing broker for interior photos which could not be used in the MLS due to branding watermarks.
INVESTORS: The owner has several investment properties for sale and is open to a package deal on those. Inquire for details.
For sale
$230,000
1187 Wheeler Ave, Chattanooga, TN 37406
4beds
1,539sqft
Est.:
Duplex
Built in 1962
-- sqft lot
$224,300 Zestimate®
$149/sqft
$-- HOA
What's special
- 10 days
- on Zillow |
- 367 |
- 28 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 02:53pm
Listed by:
Philip H Lancaster 423-400-0101,
Rock Point Real Estate 423-752-0709
Source: Greater Chattanooga Realtors,MLS#: 1514754
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,539
- Total interior livable area: 1,539 sqft
Property
Parking
- Parking features: Off Street
Features
- Stories: 1
Lot
- Size: 9,583.2 Square Feet
- Dimensions: 75 x 125
Details
- Parcel number: 146d B 028
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Woodlawn
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $55,200
- Annual tax amount: $990
- Date on market: 6/13/2025
- Listing terms: Cash,Conventional
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