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$450,000

Live in one side. Lease the other. Build equity while generating income—all under $500,000 and just minutes from downtown Chattanooga. Opportunities like this are incredibly rare: a brand-new 2-unit townhome that gives you the flexibility to house-hack, expand your portfolio, or secure a low-maintenance investment in one of the city's fastest-growing areas. Located in Somerville Cottages, a thoughtfully designed and steadily expanding community in South Chattanooga, this property is built for both smart investors and strategic homeowners. Whether you offset your mortgage by renting one unit or lease both for maximum return, the numbers make sense at this price point—and inventory like this is extremely limited. Each unit is appointed with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, high ceilings, and modern, cohesive design selections that attract quality tenants and support long-term durability. These are standard features, not upgrades—creating immediate value and consistent rental appeal. Clean layouts, natural light, and efficient floor plans make both sides equally desirable, giving you flexibility in how you position the asset. Unlike older duplexes that come with deferred maintenance and surprise expenses, this is brand-new construction delivered turn-key and backed by a 1/2/10 builder's warranty—offering peace of mind and predictable ownership costs from day one. For owner-occupants, it's a strategic way to step into real estate with built-in income. For investors, it's a rare chance to secure new multi-family under $500K in a high-demand rental corridor. Positioned just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, and the new stadium, the location drives consistent demand without relying on speculation. The two-unit townhome is currently under construction and scheduled for completion within 60 days. Photos shown are from another property with the same floor plan and design package and are for illustrative purposes only, accurately reflecting the finishes and quality you can expect upon completion. If you've been waiting for a live/lease opportunity where the price, condition, and location truly alignthis is it.

4 Beds ⋅ 4 Baths ⋅ 1528665 MLS

3613 Hodley Avenue, Chattanooga

$187,500

A rare opportunity has arrived to own a brand-new detached home in one of Chattanooga's most exciting new communities for just $187,500. As the only home currently available at this incredible price point in Somerville Cottages, this opportunity is expected to move quickly. This nearly completed home will be move-in ready within approximately 30 days, offering the perfect combination of affordability, convenience, and modern design. Perfectly positioned directly across from the community courtyard greenspace, this home enjoys one of the most desirable locations within the neighborhood, offering charming views and easy access to the beautifully designed shared outdoor space. Every home in Somerville Cottages is thoughtfully designed with quality craftsmanship and upscale features including quartz countertops, 9-foot ceilings, abundant natural light, and modern open-concept layouts that maximize both comfort and functionality. Whether you're a first-time buyer, downsizing, or simply looking for an affordable new-construction home close to downtown, this community offers exceptional value in a location that continues to grow in popularity. Floor plans throughout Somerville Cottages range from 1 to 3 bedrooms with flexible living spaces designed for modern lifestyles. Conveniently located in South Chattanooga, you're just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, the Riverwalk, and the new Erlanger Stadium. Enjoy easy access to restaurants, shopping, entertainment, and outdoor activities while living in a thoughtfully planned neighborhood. At $187,500, opportunities like this are almost impossible to find for a detached new-construction home in Chattanooga. With only one home available at this price and completion just around the corner, interested buyers are encouraged to act quickly before it is gone. Disclaimer: Photos shown are of a similar model home within the community. The home being advertised will feature different specifications, finishes, and selections. Full details and specifications are

1 Beds ⋅ 1 Baths ⋅ 1535147 MLS

3625 Hodley Avenue 14, Chattanooga

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