About 1511 S Greenwood Avenue
Investment opportunity in Chattanooga's Southside featuring two duplexes with a total of four income-producing units. Located just off Main Street, the properties are positioned in one of Chattanooga's most active urban neighborhoods, with convenient access to Downtown and the restaurants, shops, entertainment, and businesses throughout the Southside. Each unit currently rents for $900 per month, providing a combined rental income of $3,600 per month, or $43,200 annually at current rents. With four separate units across two duplexes, the property offers an established income stream while giving an investor flexibility for future rental strategies and improvements. The combination of existing rental income and a location just off the Main Street corridor makes this an attractive opportunity for an investor looking to add multifamily property in the Southside Chattanooga area. Owner/Agent.
Features of 1511 S Greenwood Avenue
| MLS® # | 1540013 |
|---|---|
| Price | $399,900 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 2,936 |
| Acres | 0.18 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 1511 S Greenwood Avenue |
|---|---|
| Area | Chattanooga |
| Subdivision | Stone & Evans |
| City | Chattanooga |
| County | Hamilton |
| State | TN |
| Zip Code | 37404 |
Amenities
| Utilities | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Parking | Gravel, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator, Free-Standing Electric Range, Electric Water Heater, Electric Oven |
|---|---|
| Heating | Electric |
| Cooling | Electric, Wall Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Crawl Space |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Lot Description | Rectangular Lot |
| Roof | Shingle |
| Foundation | Block |
School Information
| Elementary | Eastside Elementary |
|---|---|
| Middle | Orchard Knob Middle |
| High | Howard School of Academics & Tech |
Additional Information
| Date Listed | August 4th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |