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4514/ 4516 Oakland Avenue, Chattanooga, TN 37410

$585,000
: 6
BD
: 8
BA
: 3,120
SqFt

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Sold Price: $585,000
List Price: $585,000
Closing Date: Jun 08, 2026
MLS#: 1532042
Bedrooms: 6
Sq. Ft: 3,120
Acres: 0.14
Year Built: 2023
Subdivision: Alton Park Addn

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Property Description

Turnkey income-producing duplex averaging $6,631/month in gross revenue. Built in 2023, this newer-construction townhome duplex offers two spacious 3BR/2.5BA units loaded with modern finishes: granite countertops, stainless appliances, large kitchen islands, LVP flooring, covered back decks, and 1-car garages. Unit 1 is stabilized on a 2-year lease at $2,500/month. Unit 2 is a high-performing furnished short-term vacation rental (STVR) generating over $4,100/month gross -- furnishings negotiable. Both units feature professionally landscaped, fenced backyard spaces and carry EPB Smart Build certification for energy efficiency. Can be delivered furnished for a true plug-and-play investment. Located minutes from Downtown Chattanooga, Southside, and St. Elmo -- one of the city's fastest-growing corridors. Whether you're a seasoned investor or house-hacker, this dual-income asset delivers immediate cash flow with long-term upside. Schedule your showing today.

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Additional Information

Floors: Luxury Vinyl
Exterior Features: Private Yard
Fireplace Description: Electric
Cooling: Central Air, Electric
Elementary School: Calvin Donaldson Elementary
Middle School: Orchard Knob Middle
High School: Howard School Of Academics & Tech
Financing Available: Cash, Conventional