313 California Ave
Chattanooga, TN 37415

  • – beds
  • – baths
  • 1,380 sqft
  • ~3/4 acre lot
  • $191 per sqft
  • 1922 build
  • on site

Investment Opportunity in Red Bank DUPLEX!Discover the charm of this lovely duplex on a spacious (.65ac) lot in a quiet neighborhood. Historic hardwood floors, a large covered front porch, and ample outdoor space make this property a valuable addition to your portfolio.Side A boasts a screen side-porch, clawfoot tub, mini split, window unit, brand new water heater, and beautiful hardwoods, currently leased at $1000/mo until 7/31/2024.Side B -vacant- features central HVAC (gas furnace), a larger kitchen, a small bonus room (ideal as a 2nd bedroom or office), and a generous laundry/mudroom. Currently rented at $1100/mo.Don't miss out on this income-producing gem with historical charm and modern amenities in a prime Red Bank location!*CALL PRIMARY LISTING AGENT FOR SHOWINGS.**LOT HAS BEEN SUBDIVIDED (now .65ac). See pictures and documents for survey and details**Offer MUST include the following:->''This Agreement is contingent upon the subdivision of the lot per Exhibit A, prior to closing.'' ->''Buyer and seller understand and agree that the access to the parking area for the Property will remain as is, and the Property has an Access Easement (aka Drive Easement) to access the Property for parking.''-> Include Exhibit A in Section 18, Line 482, and have buyer initial survey drawing in docs.* ETA on subdivision is May 2023.-> Title company to be Title Insurance Co (7405 Shallowford Rd 37421 Ste 540)-> Washers and Dryers do not convey.*PERSONAL INTEREST*

Greater Chattanooga Association of REALTORS logo Listing courtesy of CHTMLS / Keller Williams Realty

Last checked: Checking… • Last updated Apr 24, 2024 •

MLS# 1386127 —

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Sale history

Date Event Source Price % Change
4/22/24
Price Changed CHTMLS $264,900 -3.6%
4/2/24
Price Changed CHTMLS $274,900 -1.5%
2/10/24
Listed / Active CHTMLS $279,000 22.9% (14.0% / YR)

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Listing provided by broker:

Sally Bacon

Keller Williams Realty

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This multifamily located in Red Bank, TN 37415 is currently for sale for $264,900. 313 California Ave is a 1,380 square foot multifamily with – beds and – baths that has been on Estately for 79 days. This multifamily is in the attendance area of Red Bank Elementary School, Red Bank Middle School, and Red Bank High School.

Greater Chattanooga Association of REALTORS logo Listing Courtesy of: CHTMLS and Keller Williams Realty.

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