6314 Fisk Ave Chattanooga, TN 37421
Hickory Valley NeighborhoodEstimated payment $2,063/month
Total Views
2,080
--
Bed
--
Bath
2,497
Sq Ft
$130
Price per Sq Ft
Highlights
- 0.32 Acre Lot
- Living Room
- Level Lot
- No HOA
- Central Heating and Cooling System
About This Home
Welcome to 6314 Fisk Ave - a very rare opportunity that exceeds the 1% rule! This well-maintained, cash-flowing triplex features three separately metered units with strong in-place rents totaling $3,261/month. This investment includes two 2-bedroom, 1-bathroom units just under 800 square feet each, as well as a spacious 3-bedroom, 1-bathroom unit offering approximately 1,000 square feet of living space.
Each unit is equipped with in-unit laundry and features durable LVP flooring throughout for a modern look with minimal upkeep. Two of the units were updated within the past four years, while the third was remodeled even more recently - making this a turnkey option for any investor.
Situated in a quiet residential neighborhood with easy access to Highway 153, this location provides quick connectivity to downtown Chattanooga, Volkswagen, Amazon, and other major employers - making it attractive to renters year-round.
Whether you're seeking a stable income-producing asset or looking to expand your portfolio in a growing market, 6314 Fisk Ave delivers both strong returns and long-term upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,392
Year Built
- Built in 1971
Lot Details
- 0.32 Acre Lot
- Level Lot
Parking
- Off-Street Parking
Home Design
- Triplex
- Shingle Roof
Interior Spaces
- 2,497 Sq Ft Home
- Living Room
Kitchen
- Oven
- Electric Range
- Stove
- Range Hood
Laundry
- Laundry in Kitchen
- Washer and Dryer Hookup
Schools
- Bess T. Shepherd Elementary School
- Tyner Middle Academy
- Tyner Academy High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 148g Q 016
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 | $1,691 | $75,600 | $0 | $0 |
| 2023 | $1,691 | $75,600 | $0 | $0 |
| 2022 | $1,691 | $75,600 | $0 | $0 |
| 2021 | $1,691 | $75,600 | $0 | $0 |
| 2020 | $896 | $32,400 | $0 | $0 |
| 2019 | $896 | $32,400 | $0 | $0 |
| 2018 | $864 | $32,400 | $0 | $0 |
| 2017 | $896 | $32,400 | $0 | $0 |
| 2016 | $896 | $0 | $0 | $0 |
| 2015 | $1,759 | $32,400 | $0 | $0 |
| 2014 | $1,759 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2025 08/06/25 | Price Changed | $325,000 | -3.0% | $130 / Sq Ft |
| 07/24/2025 07/24/25 | Price Changed | $335,000 | -2.9% | $134 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $345,000 | -- | $138 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Key Title & Escrow Llc | |
| Warranty Deed | $155,000 | Key Title & Escrow Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $65,500 | Legal Title | |
| Warranty Deed | $45,000 | Legal Title & Escrow Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $129,500 | New Conventional | |
| Previous Owner | $77,625 | New Conventional | |
| Previous Owner | $143,927 | Commercial | |
| Previous Owner | $81,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $13,100 | Stand Alone Second | |
| Previous Owner | $52,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $35,000 | Seller Take Back |
Source: Public Records
Similar Homes in Chattanooga, TN
Source: Greater Chattanooga REALTORS®
MLS Number: 1515553
APN: 148G-Q-016
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