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4411 Alabama Ave

Chattanooga, TN 37409

– beds
– baths
3,313 sqft
~1/2 acre lot
$239 per sqft
1900 build
– on site

Investment opportunity in Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were just replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and full bath. The units on the main level have direct access to the covered front porch, while the upper units have a common rear foyer with steps down to the front porch. The upstairs rear foyer also provides a great space for bicycles, etc. All of the units have there own HVAC units and are separately metered. The owner pays for water/sewer. There are currently a total of 8 tenants who utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership. Showings to only be allowed once there is a binding agreement, so please call for more information. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Listing courtesy of CHTMLS / Keller Williams Realty

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 1378981 —

The Building

Year Built:

1900
Roof:

Shingle
Exterior:

Aluminum/Vinyl
Basement:

Unfinished
# of Stories:

2.0
# of Stories:

2 Level
Total SqFt Approx:

3313

Financial & Terms

Financing:

Cash, Conventional
Possession:

Day of Closing, Tenant Rights

Location

Directions:

South on Broad towards Lookout Mountain, left on TN Ave. YN Ave turns into Saint Elmo Ave, right on 43rd St, left on Alabama Ave, house is on the right. PLEASE DO NOT DISTURB THE TENANTS.
Latitude:

35.001408
Longitude:

85.330549

The Property

Property Type:

B
Property Subtype:

Quad
Lot Description:

Gradual Sloping, Historic District, Level
Lot Size:

75X462
Approx Acres:

0.43

Listing Agent

Contact info:

Taxes

Taxes:

$3,877.03

Heating & Cooling

Cooling:

Central, Electric
Heating:

Central, Gas

Utilities

Water/Sewer:

On Sewer, Public Water

Schools

Elementary School:

Calvin Donaldson Elementary
Middle School:

Lookout Valley Middle
High School:

Lookout Valley High

The Community

Subdivision:

Johnsons A M
Community Features:

Community Laundry, Private Yard
HOA Frequency:

N/A

Parking

Parking:

Off Street Parking

Extra Units

# of Units:

4.00
Unit 1 Number:

1
Unit 1 Features:

1 Bath, 1 Bedroom, Dining/Living Combo, Eat-In Kitchen, Kitchen, Oven/Range, Refrigerator
Unit 1 Bedrooms:

1
Unit 1 Full Baths:

1
Unit 2 Number:

2
Unit 2 Features:

1 Bath, 1 Bedroom, Kitchen, Living Room, Oven/Range, Refrigerator
Unit 2 Bedrooms:

1
Unit 2 Full Baths:

1
Unit 3 Number:

3
Unit 3 Features:

1 Bath, 1 Bedroom, Eat-in Kitchen, Kitchen, Living Room, Oven/Range, Refrigerator
Unit 3 Bedrooms:

1
Unit 3 Full Baths:

1
Unit 4 Number:

4
Unit 4 Features:

1 Bath, 1 Bedroom, Eat-in Kitchen, Kitchen, Living Room, Oven/Range, Refrigerator
Unit 4 Bedrooms:

1
Unit 4 Full Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
8/30/23 Aug 30, 2023	Listed / Active	CHTMLS	$795,000
9/1/22 Sep 1, 2022	Listed / Active	REALTRACS
6/23/22 Jun 23, 2022	Price Changed	CHTMLS

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This multifamily located in South Chattanooga, Chattanooga, TN 37409 is currently for sale for $795,000. 4411 Alabama Ave is a 3,313 square foot multifamily with – beds and – baths that has been on Estately for 245 days. 4411 Alabama Ave is in the South Chattanooga neighborhood of Chattanooga and has a WalkScore® of 24, making it car-dependent. This multifamily is in the attendance area of Calvin Donaldson Elementary School and Lookout Valley Middle High School.

Listing Courtesy of: CHTMLS and Keller Williams Realty.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS. © 2024 Chattanooga Association of REALTORS®

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.