Home For Sale In Chattanooga, Tennessee

house for sale

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Listed: 05/17/24

1755 South Seminole Drive, Milbro Heights, Chattanooga, TN 37412, USA

Studio Bed:

1,738 Sq Ft Living Area:

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Price

$ 274,999

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About This House

Investment Opportunity in a Prime Location! Welcome to this well-maintained duplex nestled in the heart of East Ridge. This multi-family property offers an excellent investment opportunity for both seasoned investors and first-time buyers looking to generate rental income. The property has been well cared for and with 2 market-rent leases in place, it ensures a turnkey investment for the new owner. One unit is a 2 bed, 1 bath; the second is a 1 bed, 1 bath. Situated in a highly sought-after neighborhood, this duplex offers convenience and accessibility to amenities, schools, parks, and public transportation, making it appealing to renters.

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Houses for sale in Chattanooga

Original listing

Chattanooga Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$304,114 (+3.3%)
Apr 2024	$294,526 (0%)
Mar 2024	$294,526 (0%)
Feb 2024	$294,526 (0%)
Jan 2024	$294,526 (+17.8%)
Dec 2023	$249,916 (-22%)

In May 2024, the asking price for 2 bed houses for sale in/near Chattanooga, United States averaged $304,114, an increase of 3.3% from the previous month.

Median price trends for properties for sale in Chattanooga, United States as of May 2024.

Household Income

Median household income: $41,911

Number of households: 71,190

The average household income in Chattanooga, TN grew from $41,278 to $41,911 in the past year. This data is an estimate based upon 71,190 households in Chattanooga, TN.
The chart below presents how household income is distributed in Chattanooga, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chattanooga, TN compared to median property taxes around the country. The prevalent amount of property taxes in Chattanooga, TN equals $800-$1,500 , which is less than the national average.

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