Unlock a prime investment in Chattanooga's thriving St. Elmo neighborhood with this fully furnished, STR-permitted townhome. Steps from the new Chattanooga Lookout baseball stadium (under construction) and the scenic River Walk park system, this 1,104 sq ft property is a proven income generator.
Interior Highlights:
Layout: One official bedroom with a modern, open-concept design.
Bathrooms:
Upstairs: Full en-suite with a tub-shower combo.
First Level: Full bathroom with a stylish tiled shower.
Sleeping Flexibility: The first floor's versatile living area features high-quality fold-out furniture, creating a comfy second sleeping space. Plus, a carpeted loft on the third level offers potential for a third sleeping area (currently without steps or ladder)—perfect for future expansion.
Kitchen: Stainless steel appliances in an open kitchen.
Balconies: Two private balconies with serene side views of Lookout Mountain.
Investor Advantages:
Fully furnished, actively operating as an STR, ready for immediate revenue.
Minutes from Tennessee Riverpark Wheland Foundry Trailhead, Main Street's shops, cafes, and 10 minute drive to Sculpture Fields park, with demand soaring from nearby developments.
Don't miss this chance to own a slice of Chattanooga's STR goldmine—schedule your tour today!
For sale
$315,000
3031 Saint Elmo Ave, Chattanooga, TN 37408
1beds
1,104sqft
Est.:
Townhouse
Built in 2019
435.6 Square Feet Lot
$308,600 Zestimate®
$285/sqft
$117/mo HOA
What's special
Modern open-concept designHigh-quality fold-out furnitureStylish tiled showerStainless steel appliancesOpen kitchen
- 11 days
- on Zillow |
- 335 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 06:46pm
Listed by:
Brian Kelly 423-818-9959,
Real Broker 423-665-7777
Source: Greater Chattanooga Realtors,MLS#: 1511067
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bathroom
- Level: Third
- Area: 165
- Dimensions: 15 x 11
Bathroom
- Level: First
Bathroom
- Level: Third
Kitchen
- Level: Second
- Area: 165
- Dimensions: 15 x 11
Living room
- Level: First
- Area: 144
- Dimensions: 12 x 12
Heating
- Electric
Cooling
- Central Air, Electric
Appliances
- Included: Washer/Dryer, Microwave, Electric Water Heater, Electric Oven, Electric Cooktop, Disposal, Dishwasher
- Laundry: Electric Dryer Hookup, In Unit, Laundry Closet, Upper Level, Washer Hookup
Features
- Ceiling Fan(s), Eat-in Kitchen, En Suite, High Ceilings, Pantry, Tub/shower Combo, Walk-In Closet(s)
- Windows: Vinyl Frames
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,104
- Total interior livable area: 1,104 sqft
- Finished area above ground: 1,104
Property
Parking
- Parking features: On Street, Parking Lot
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Patio, Porch, Porch - Covered
- Exterior features: Balcony
- Fencing: None
Lot
- Size: 435.6 Square Feet
- Dimensions: 16 x 39
- Features: Level
Details
- Parcel number: 155f A 009.22c007
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick, Other
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected
Community & HOA
Community
- Security: Fire Alarm
- Subdivision: Reside South
HOA
- Has HOA: Yes
- Services included: Trash
- HOA fee: $1,400 annually
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $285/sqft
- Tax assessed value: $230,800
- Annual tax amount: $2,589
- Date on market: 4/15/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Inclusions: All furnishings
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