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For sale
    • $650,000

    1039 E 5th St, Chattanooga, TN 37403

    4beds
    2,400sqft
    : 
    $4,277/mo
    Get pre-qualified
    Quadruplex
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $271/sqft
    $-- HOA

    What's special

    Newer storm windowsExposed brickBeautiful hardwood floors throughout
    1039 E 5th Street | Historic Charm. Four Doors and a World of Possibilities. Located in Historic Fortwood District and within walking distance to UTC and Erlanger Hospital, charm meets investment opportunity at 1039 E 5th Street. This distinctive four-unit property offers the flexibility to rent all four residences or occupy one while rental income from the other three offsets your mortgage, subject to existing leases. With all current long-term tenants being month to month, estimated market rent potential of $4,400 per month and estimated midterm rental potential of $6,500 per month. Approximately 95 years old, the property underwent a complete renovation in 2014, including plumbing, electrical, HVAC and roofing, and restored operable original wood windows. Beautiful hardwood floors throughout and exposed brick both complement its character including original wood trim and doors. Newer storm windows were added as well. Whether expanding your investment portfolio or seeking an owner-occupied property with multiple rental income streams, this quadruplex combines architectural character with income growth potential. Rental estimates are projections, subject to market conditions, occupancy, furnishings, and operating expenses.
    6 days
    203
    33

    Zillow last checked:

    Listing updated:

    Listed by:

    Grace Frank 423-208-3834,

    Zach Taylor - Chattanooga 855-261-2233,

    Johnny Alvis 423-503-3693,

    Zach Taylor - Chattanooga

    Source: Greater Chattanooga Realtors,MLS#: 1545767

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Central, Electric, Heat Pump, Varies by Unit
      Cooling
      • Multi Units
      Appliances
      • Included: Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator, Washer/Dryer, Water Heater
      • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
      Features
      • Granite Counters, Natural Woodwork
      • Flooring: Ceramic Tile, Wood
      • Windows: Storm Window(s), Wood Frames
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 2,400
      • Total interior livable area: 2,400 sqft

      Property

      Parking
      • Parking features: Gravel, Off Street
      Features
      • Levels: Two
      • Patio & porch: Awning(s), Deck, Front Porch
      • Exterior features: Awning(s)
      Lot
      • Size: 4,356 Square Feet
      • Dimensions: 127 x 35
      Details
      • Parcel number: 146a N 014

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Brick
      • Foundation: Brick/Mortar
      • Roof: Other
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      • Subdivision: Hope & Chandler
      HOA
      • Has HOA: No
      Location
      • Region: Chattanooga

      Financial & listing details

      • Price per square foot: $271/sqft
      • Annual tax amount: $7,938
      • Date on market: 11/5/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,064/mo

        Price history

        DateEventPrice
        11/5/2026Listed for sale$650,000$271/sqft
        Source: Greater Chattanooga Realtors #1545767 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/14/2016Listing removed$725
        Source: Owner Report a problem
        3/7/2016Listed for rent$725
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Fortwood Historic District

        Getting around

        51 / 100
        Somewhat Walkable
        36 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Brown Academy
        • Middle: Orchard Knob Middle
        • High: Howard School of Academics & Tech

        Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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