2016 Rawlings St Chattanooga, TN 37406
Highland Park NeighborhoodEstimated payment $911/month
Highlights
- No HOA
- Living Room
- 1-Story Property
- Cooling System Mounted In Outer Wall Opening
About This Home
Income-producing duplex priced for strong cash flow. Each unit offers 1 bedroom and 1 bathroom, serving steady workforce rental demand in the Chattanooga market. Unit 2016 is occupied by a long-term tenant through CHA's Housing Choice Voucher Program at $1,015/month -- government-backed income with low vacancy risk. Unit 2018 has been made rent-ready and is available for immediate lease-up. Projected gross income approaches ~$24,000 annually at full occupancy, offering attractive yield potential at this price point. Affordable small multifamily opportunities under $160K in Chattanooga are increasingly limited. Ideal for buy-and-hold investors, first-time landlords, or portfolio expansion. Contact me for additional financial details and to schedule a showing.
Listing Agent
Mountain View Property Management, LLC License #356872 Listed on: 02/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,077
Year Built
- Built in 1930
Lot Details
- 6,625 Sq Ft Lot
- Lot Dimensions are 50x132.5
Parking
- Off-Street Parking
Home Design
- Duplex
Interior Spaces
- 1,040 Sq Ft Home
- 1-Story Property
- Living Room
Kitchen
- Electric Range
- Stove
Schools
- Orchard Knob Elementary School
- Orchard Knob Middle School
- Brainerd High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- 2 Units
- Missionary Hgts Subdivision
Listing and Financial Details
- Assessor Parcel Number 146c E 014
Map
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 |
|---|---|---|---|---|
| 2025 | $728 | $48,000 | $0 | $0 |
| 2024 | $537 | $24,000 | $0 | $0 |
| 2023 | $537 | $24,000 | $0 | $0 |
| 2022 | $537 | $24,000 | $0 | $0 |
| 2021 | $537 | $24,000 | $0 | $0 |
| 2020 | $246 | $8,880 | $0 | $0 |
| 2019 | $246 | $8,880 | $0 | $0 |
| 2018 | $329 | $8,880 | $0 | $0 |
| 2017 | $246 | $8,880 | $0 | $0 |
| 2016 | $299 | $0 | $0 | $0 |
| 2015 | $663 | $10,800 | $0 | $0 |
| 2014 | $663 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2026 02/26/26 | Pending | -- | -- | -- |
| 02/24/2026 02/24/26 | For Sale | $159,900 | -- | $154 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $55,000 | Reli Settlement Sln Llc | |
| Warranty Deed | $40,000 | Title Services Of Tennessee | |
| Warranty Deed | $9,000 | None Available | |
| Quit Claim Deed | -- | Pioneer Title Agency Inc |
Source: Greater Chattanooga REALTORS®
MLS Number: 1529163
APN: 146C-E-014
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Ask me questions while you tour the home.