1187 Wheeler Ave Chattanooga, TN 37406
Glenwood NeighborhoodEstimated payment $1,357/month
Total Views
342
--
Bed
--
Bath
1,539
Sq Ft
$149
Price per Sq Ft
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Living Room
About This Home
Duplexes like this have been creating strong returns for investors for several decades, and they're still going strong! The value-add potential for this duplex is considerable. Located in a strong rental neighborhood where housing is in constant demand this property is located within easy reach of public transportation, employment opportunities, shopping, UTC, and downtown Chattanooga.
PHOTOS: Contact listing broker for interior photos which could not be used in the MLS due to branding watermarks.
INVESTORS: The owner has several investment properties for sale and is open to a package deal on those. Inquire for details.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $991
Year Built
- Built in 1962
Lot Details
- 9,375 Sq Ft Lot
- Lot Dimensions are 75x125
Parking
- Off-Street Parking
Home Design
- Duplex
Interior Spaces
- 1,539 Sq Ft Home
- 1-Story Property
- Living Room
- Stove
- Washer and Dryer Hookup
Schools
- Orchard Knob Elementary School
- Orchard Knob Middle School
- Brainerd High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Woodlawn Subdivision
Listing and Financial Details
- Assessor Parcel Number 146d B 028
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $494 | $22,080 | $0 | $0 |
| 2023 | $494 | $22,080 | $0 | $0 |
| 2022 | $494 | $22,080 | $0 | $0 |
| 2021 | $494 | $22,080 | $0 | $0 |
| 2020 | $531 | $19,200 | $0 | $0 |
| 2019 | $531 | $19,200 | $0 | $0 |
| 2018 | $564 | $19,200 | $0 | $0 |
| 2017 | $531 | $19,200 | $0 | $0 |
| 2016 | $498 | $0 | $0 | $0 |
| 2015 | $1,029 | $18,000 | $0 | $0 |
| 2014 | $1,029 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Pending | -- | -- | -- |
| 06/13/2025 06/13/25 | For Sale | $230,000 | +389.4% | $149 / Sq Ft |
| 05/26/2017 05/26/17 | Sold | $47,000 | -27.7% | $30 / Sq Ft |
| 05/06/2017 05/06/17 | Pending | -- | -- | -- |
| 04/11/2017 04/11/17 | For Sale | $65,000 | -- | $41 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,520,000 | First Title | |
| Warranty Deed | $65,000 | None Available | |
| Warranty Deed | $47,000 | None Available | |
| Warranty Deed | $495,000 | None Available | |
| Quit Claim Deed | -- | Title Guaranty & Trust Co | |
| Warranty Deed | $55,000 | First Title | |
| Interfamily Deed Transfer | -- | First Title | |
| Interfamily Deed Transfer | $180,000 | Legal Title & Escrow Inc | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,064,000 | New Conventional | |
| Previous Owner | $83,000 | Purchase Money Mortgage | |
| Previous Owner | $62,400 | Commercial | |
| Previous Owner | $42,000 | Unknown |
Source: Public Records
Similar Homes in Chattanooga, TN
Source: Greater Chattanooga REALTORS®
MLS Number: 1514754
APN: 146D-B-028
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