Nathan Torgerson

Team Lead

  • Office (423) 664-1900
  • Cell (423) 902-9445

1601 Mitchell Ave, Chattanooga, TN – $790,000

  • $790k Price
  • 5,000 Sqft
  • .11 Acres
  • $790k Price
  • 5,000 Sqft
  • .11 Acres

1601 Mitchell Ave

Fully leased quad in Southside Chattanooga. One block from Main Street. Adjacent to $500k+ townhomes and multi-million dollar renovation of the historic YMCA building. Each 3 bedroom unit is leased at $1,275 per month. Ft. Negley now as a parking permit system which frees up parking in the neighborhood for tenant/owner use only. Could make a great long term rental, student housing, or Short Term Vacation Rental. Within the Urban Overlay, thus eligible for Short Term Vacation Rental permits (subject to review and approval by the city of Chattanooga). Short Term Vacation Rental market analysis attached (AirDNA report indicates revenue potential of $40,439 per 3 bedroom unit .or $161,756 for all 4 units).

Essential Information

  • MLS® #1305759
  • Price$790,000
  • Square Footage5,000
  • Acres0.11
  • Year Built1997
  • TypeMulti-Family
  • Sub-TypeQuadplex
  • Style2 Story
  • StatusContingent

Community Information

  • Address1601 Mitchell Ave
  • SubdivisionFort Negley Addn
  • CityChattanooga
  • CountyHamilton
  • StateTN
  • Zip Code37408


  • FeaturesNone
  • ParkingNone


  • HeatingElectric
  • CoolingCentral
  • Has BasementYes
  • BasementSlab
  • # of Stories2
  • Stories2.0


  • ExteriorPartial Brick, Siding
  • Lot DescriptionLevel
  • RoofShingle

School Information

  • ElementaryBattle Academy
  • MiddleOrchard Knob Middle


Howard School of Academics & Tech

Please provide a valid email address.

Listing Courtesy Of: Uptown Firm, LLC

The information being provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.

Copyright© 2019 by Chattanooga Association of REALTORS®

This site does not contain all listings available through the MLS.


This site was last updated on September 16th, 2019 at 12:43pm