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- Description
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- Facts & Features
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Street View
$205,000
Monthly Est:$1,020
3 Beds
2 Baths2 full baths
1,607sqft
1307 Wheeler Ave, Chattanooga, TN 37406
$205,000
$1,020/moEst:
Get Pre-Approved
Single Family Residence
Built in 1930
$-- HOA
0.15 acre lot
$128/sq.ft
Description
TENANT-OCCUPIED INVESTMENT OPPORTUNITY | $1,589/MONTH CURRENT RENT
Looking for an income-producing property with a tenant already in place? 1307 Wheeler Ave currently generates $1,589 per month in rental income, with the existing lease running through March 31, 2027.
Purchase this property individually or take advantage of the opportunity to acquire a three-property Chattanooga rental portfolio consisting of 1307 Wheeler Ave, 1725 Newton St and 2120 Cleveland Ave.
The three properties currently generate a combined $4,654 per month / $55,848 annually in scheduled gross rent and feature staggered lease expirations.
Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount.
An attractive opportunity for a buy-and-hold investor seeking occupied properties with established rental income.
Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions.
1725 Newton $189,900
- Houzeo last checked: 13 minutes ago
- Listing updated: September 21, 2026 at 7:49 pm
- Listing Provided by: Chanda Strickland (423) 305-8666 DRE #286821 | Best Realty of Chattanooga LLC (423) 305-8666
- Source: Greater Chattanooga AOR MLS-AL | MLS#: 1540425
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
1
County
City
Neighborhood
Year Built
1930
HOA Fees
-
Finished Area
1,607 sqft
Lot Size
0.15 acre lot
Basement Area
- sqft
MLS Name
Greater Chattanooga AOR MLS
MLS Number
1540425
MLS Status
Active
Days on Market
81
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Sewer
Public Sewer
Cooling
Central Air
Appliances
Refrigerator
Exterior Features
Rain Gutters
Construction
Year Built
Year Built: 1930
Home type
Single Family Residence
Construction Materials
Cement Siding, Wood Siding
Foundation Details
Brick/mortar
Architectural Style
Other
Utilities & Energy
Parking Features
Driveway
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Sewer Connected
Other Features
Subdivision Name
Arlington Heights
Price History
| Date | Event | Price |
|---|---|---|
08/10/2026 Source: | Listed for Sale | $205,000 $128/sqft |
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Based on information from the Greater Chattanooga REALTORS® (or, alternatively, from the MLS of Chattanooga, Inc.) through Oct 30, 2026, 10:15PM. IDX information is provided exclusively for consumers' personal, non-commercial use; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 the Greater Chattanooga REALTORS®. All Rights Reserved. Angela Fowler | Angela Fowler Real Estate, LLC. | (423) 320-4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.
