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$159,900
-- Bed
-- Bath
1,040sqft
2016 Rawlings St, Chattanooga, TN 37406
$159,900
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Duplex
Built in 1930
$-- HOA
0.15 acre lot
$154/sq.ft
Description
Income-producing duplex priced for strong cash flow. Each unit offers 1 bedroom and 1 bathroom, serving steady workforce rental demand in the Chattanooga market.
Unit 2016 is occupied by a long-term tenant through CHA's Housing Choice Voucher Program at $1,015/month -- government-backed income with low vacancy risk.
Unit 2018 has been made rent-ready and is available for immediate lease-up.
Projected gross income approaches ~$24,000 annually at full occupancy, offering attractive yield potential at this price point. Affordable small multifamily opportunities under $160K in Chattanooga are increasingly limited.
Ideal for buy-and-hold investors, first-time landl...
- Houzeo last checked: 43 Minutes ago
- Listing updated: February 27, 2026 at 4:43 pm
- Listing Provided by: Allyson Mildenberger (423) 668-0151 DRE #356872 | Mountain View Property Management, LLC (423) 668-0151
- Source: Greater Chattanooga AOR MLS-TN | MLS#: 1529163
Property Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1930
HOA Fees
-
Finished Area
1,040 sqft
Lot Size
0.15 acre lot
Basement Area
- sqft
MLS Name
Greater Chattanooga AOR MLS
MLS Number
1529163
MLS Status
Contingent
Days on Market
15
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