Located in the heart of Whitwell, this unique investment opportunity features three studio apartments—each offering 1 bedroom and 1 full bath. With just appliances and HVAC needed to complete the setup, this property is perfect for an investor or owner-occupant ready to add value and create income.
Live in one unit and rent the other two, or convert all three into short-term AirB&B rentals to take advantage of the area's growing demand for affordable lodging. With easy access to local amenities and just a 35-minute drive to Chattanooga, this property combines small-town charm with big potential. Don't miss this chance to build your portfolio in a prime location!
For sale
Price cut: $20K (6/3)
$199,999
125 W Indiana Ave, Whitwell, TN 37397
3beds
1,464sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$137/sqft
$-- HOA
What's special
Three studio apartments
- 24 days
- on Zillow |
- 743 |
- 36 |
Zillow last checked: 7 hours ago
Listing updated: June 03, 2025 at 04:51pm
Listed by:
Teresa A Smith 423-309-2037,
Century 21 Cumberland Realty 423-942-6000,
Jill Bynum 256-609-0321,
Century 21 Cumberland Realty
Source: Greater Chattanooga Realtors,MLS#: 1513322
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None
Cooling
- None
Appliances
- Laundry: Washer Hookup
Features
- Open Floorplan
- Flooring: Concrete
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,464
- Total interior livable area: 1,464 sqft
Property
Parking
- Parking features: Gravel, Off Street
Features
- Levels: One
Lot
- Size: 0.54 Acres
- Features: Corner Lot, Level
Details
- Additional structures: Storage
- Parcel number: 050h B 011.00
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Whitwell
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $15,000
- Annual tax amount: $97
- Date on market: 5/21/2025
- Listing terms: Cash
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