NOT LISTED FOR SALE

1508 Bailey Ave Unit 1376939 Chattanooga, TN 37404

Highland Park Neighborhood
-- Bed
-- Bath
2,956 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: September 5, 2023

Last sale price $635,000 $215 Per Sq Ft

6 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Living Room
  • Deck
  • Patio
  • 3-minute walk to Shaw Playground

About This Home

As of September 2023

AMAZING Investment Opportunity! This beautifully updated tri-plex is located in the Highland Park community and is just minutes to downtown, parks, restaurants, shopping and hospitals. Unit A features a living room, kitchen, 2 bedrooms and 2 bath. Unit B is on the 2nd level with hardwood floors and an open floor plan. This unit has a living room, kitchen, dining area, owner's suite with private bath, 2 additional bedrooms and full bath. Unit C is a 1 bedroom, 1 bath studio apartment. All units are empty and hold the potential for a great investment opportunity! There is plenty of off street parking. Make your appointment for your private showing today.

Last Agent to Sell the Property

Mark Hite

Real Estate Partners Chattanooga LLC License #00283146 Listed on: 07/21/2023

Real Estate Partners Chattanooga LLC

Last Buyer's Agent

David Hanson

EXP Realty, LLC License #338923

EXP Realty, LLC
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,956 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Basement
  • Crawl Space

Kitchen

  • Stove
  • Microwave

Outdoor Features

  • Deck
  • Patio

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Highland Park #2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146j G 028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,563

Year Built

Built in 1920

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 50x135
  • Subdivision Name: Highland Park #2
  • Directions: From US 27 S, take exit 1B toward M L King Boulevard E. Merge onto W M.L.K. Blvd and continue onto Bailey Ave.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2956.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Location Tax and Legal Parcel Number2: 146j G 028
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 2563.0
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Dimensions: 50x135
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: AMAZING Investment Opportunity! This beautifully updated tri-plex is located in the Highland Park community and is just minutes to downtown, parks, restaurants, shopping and hospitals. Unit A features a living room, kitchen, 2 bedrooms and 2 bath. Unit B is on the 2nd level with hardwood floors and an open floor plan. This unit has a living room, kitchen, dining area, owner's suite with private bath, 2 additional bedrooms and full bath. Unit C is a 1 bedroom, 1 bath studio apartment. All units are empty and hold the potential for a great investment opportunity! There is plenty of off street parking. Make your appointment for your private showing today.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Microwave6: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Microwave7: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Microwave8: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Crawl Space
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Basement:Crawl Space: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Knob Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 146j G 028
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2563.0

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $635,000 -4.5% $215 / Sq Ft
07/28/2023 07/28/23 Off Market $665,000 -- --
07/21/2023 07/21/23 For Sale $665,000 -- $225 / Sq Ft
Source: Greater Chattanooga REALTORS®

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1376939

Greater Chattanooga REALTORS®
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