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$795000   Price Analysis
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4411 Alabama Ave
Chattanooga, TN 37409
4 bed 4 bath 3313 SqFt ($239/SqFt)
0.43 acre lot. Built 1900
Listed 2023-08-31, Taxes $1933
Ⓧ USDA Ineligible
due to price & location

near Chattanooga

Investment opportunity in Saint Elmo!

Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout and the roof and gutters were replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and full bath. The units on the main level have direct access to the covered front porch, while the upper units have a common rear foyer with steps down to the front porch. The upstairs rear foyer also provides a tremendous space for bicycles, etc.

All of the units have there own HVAC units and are separately metered. The owner pays for water/sewer. There are currently a total of 8 tenants who utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Lcated approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership. Showings to be allowed once there is a binding agreement, so please call for more information. Information is deemed reliable but not guaranteed. Buyer to verify any and all information th ey deem important.


Presented by JAY ROBINSON at
Keller Williams Realty.
Listing Agent Photo

Property MLS #1378981 from Chattanooga

Bedrooms: 4

Total Bathrooms: 0
Full Bathrooms: 4

Basement Features: Unfinished
Basement Description: Unfinished

Cooling Features: Central, Electric
Heating Features: Gas, Central
Heating: Yes

Lot Description: Level, Historic District, Gradual Sloping
Lot Size Acres: 0.43
Lot Size Dimensions: 75X462
Lot Size Square Feet: 18731

Number of Buildings: 4
Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1

Elementary School: Calvin Donaldson Elementary
High School: Lookout Valley High
Middle School: Lookout Valley Middle

Calvin Donaldson Environmental Science Academy is a public elementary school located approximately 1 miles away.
directions icon Map directions

Lookout Valley Middle/High School is a public middle and high school located approximately 3 miles away.
directions icon Map directions

Chattanooga Christian School is a private elementary, middle and high school located approximately 1 miles away.
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Community Laundry
Private Yard
Community Features: Community Laundry, Private Yard

Calculated Total Monthly Association Fees: 0

Tenant Pays: Electricity

Investor
Home Owner
Annual Tax Amount: 3877.030000000
Source Listing Status: Active
County: Hamilton
Directions: South on Broad towards Lookout Mountain, left on TN Ave. YN Ave turns into Saint Elmo Ave, right on 43rd St, left on Alabama Ave, house is on the right. PLEASE DO NOT DISTURB THE TENANTS.
Disclaimer: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Source Property Type: MultiFamily
Source Neighborhood: Johnsons A M
Owner Pays: Sewer, Water
Parcel Number: 167b B 006
Subdivision: Johnsons A M
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$86400
$1933
2021$unknown + $unknown
$86400
$1933
2020$unknown + $unknown
$51880
$1434
2019$unknown + $unknown
$51880
$1434
2018$unknown + $unknown
$51880
$1434
2017$unknown + $unknown
$51880
$1434
2016$unknown + $unknown
$47520
$1314
2015$unknown + $unknown
$47520
$1314
2014$unknown + $unknown
$47520
$1314
2013$unknown + $unknown
$47520
$1314
2012$unknown + $unknown
$52800
$1460
2011$unknown + $unknown
$52800
$1460
2010$unknown + $unknown
$52800
$1460
2009$unknown + $unknown
$52800
$1460
2008$unknown + $unknown
$48000
$1514
2007$unknown + $unknown
$48000
$1514

Listed 2023-08-31
$795000
Chattanooga
Listing removed 2023-01-28
$0
RealTracs
Listing removed 2023-01-17
$0
Chattanooga
Listed 2022-09-01
$785000
RealTracs
Price Changed 2022-06-23
$785000
Chattanooga
Listed 2022-05-18
$850000
Chattanooga
Sold 2004-02-26
$128000
Public Record

Year Built: 1900
Building Area Total: 3313
Building Exterior Type: Aluminum/Vinyl
Construction Materials: Aluminum/Vinyl
Levels: 2 Level
Property Age: 124
Roof: Shingle
Levels or Stories: 2
Total Area Sqft: 3313

Sewer: On Sewer, Public
Water Source: On Sewer, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.