Exceptional commercial investment opportunity in the heart of Whitwell! This versatile mixed-use property at 125 W Indiana Ave features a total of three commercial units, perfectly suited for retail, office, or professional services. The building includes one spacious 850 sq. ft. unit and two 640 sq. ft. units, providing a strategic mix for multiple tenants and diversified income streams. Situated on a generous 0.6-acre lot, the property offers ample parking (a premium for any business) and has been refreshed with exterior updates for a clean, professional look. This 'turn-key' investment is designed to minimize risk; with three separate units, your cash flow remains protected even during transitions. Whether you're looking to expand your portfolio or occupy one unit while leasing the others, this property offers incredible value and visibility. Sold as-is. Schedule your private tour today!
For sale
Price cut: $20K (7/8)
$195,000
125 W Indiana Ave, Whitwell, TN 37397
3beds
2,130sqft
Mixed Use
Built in 1900
-- sqft lot
$190,600 Zestimate®
$92/sqft
$-- HOA
What's special
Ample parking
- 92 days |
- 303 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Cristina Gomez 423-605-9772,
Zach Taylor - Chattanooga 855-261-2233
Source: Greater Chattanooga Realtors,MLS#: 1532052
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Included: Electric Water Heater
- Laundry: None
Features
- Open Floorplan
- Flooring: Concrete
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,130
- Total interior livable area: 2,130 sqft
Property
Parking
- Parking features: Gravel, Off Street
Features
- Levels: One
- Exterior features: Storage
Lot
- Size: 0.63 Acres
- Dimensions: 177 x 162 x 177 x 150
- Features: Corner Lot, Level
Details
- Additional structures: Storage
- Parcel number: 050h B 01100 000
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Materials
- Block
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Whitwell
Financial & listing details
- Price per square foot: $92/sqft
- Tax assessed value: $15,000
- Annual tax amount: $97
- Date on market: 4/8/2026
- Listing terms: Cash,Conventional,FHA,Lease Option,VA Loan
Estimated market value
$190,600
$181,000 - $200,000
$1,317/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Price change | $195,000-9.3%$92/sqft |
Source: Greater Chattanooga Realtors #1532052 Report a problem | ||
| 4/8/2026 | Listed for sale | $215,000+7.5%$101/sqft |
Source: Greater Chattanooga Realtors #1532052 Report a problem | ||
| 10/28/2025 | Listing removed | $199,999$94/sqft |
Source: Greater Chattanooga Realtors #1513322 Report a problem | ||
| 10/7/2025 | Contingent | $199,999-9.1%$94/sqft |
Source: Greater Chattanooga Realtors #1513322 Report a problem | ||
| 6/25/2025 | Price change | $220,000+10%$103/sqft |
Source:  ValleyMLS #21892629 Report a problem | ||
| 6/3/2025 | Price change | $199,999-9.1%$94/sqft |
Source: Greater Chattanooga Realtors #1513322 Report a problem | ||
| 5/21/2025 | Listed for sale | $220,000-22.8%$103/sqft |
Source: Greater Chattanooga Realtors #1513322 Report a problem | ||
| 9/28/2024 | Listing removed | $285,000-8.1%$134/sqft |
Source: Greater Chattanooga Realtors #1393123 Report a problem | ||
| 6/2/2024 | Listed for sale | $310,000+264.7%$146/sqft |
Source: Greater Chattanooga Realtors #1393123 Report a problem | ||
| 12/13/2021 | Sold | $85,000-14.6%$40/sqft |
Source: Greater Chattanooga Realtors #1346169 Report a problem | ||
| 11/15/2021 | Contingent | $99,500$47/sqft |
Source: Greater Chattanooga Realtors #1346169 Report a problem | ||
| 11/13/2021 | Listed for sale | $99,500-0.5%$47/sqft |
Source: Greater Chattanooga Realtors #1346169 Report a problem | ||
| 4/6/2012 | Listing removed | $100,000$47/sqft |
Source: Heart Realty,Inc. #1144383 Report a problem | ||
| 9/9/2010 | Price change | $100,000-8.7%$47/sqft |
Source: Heart Realty,Inc. #1144383 Report a problem | ||
| 6/18/2010 | Price change | $109,500-4.7%$51/sqft |
Source: Heart Realty,Inc. #1144383 Report a problem | ||
| 4/7/2010 | Listed for sale | $114,900+53.2%$54/sqft |
Source: Heart Realty,Inc. #1144383 Report a problem | ||
| 8/27/2001 | Sold | $75,000+200%$35/sqft |
Source: Public Record Report a problem | ||
| 8/18/1997 | Sold | $25,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $97 | $3,750 |
| 2024 | $97 -86.3% | $3,750 -86.3% |
| 2023 | $710 | $27,325 |
| 2022 | $710 | $27,325 |
| 2021 | -- | $27,325 +81.3% |
| 2020 | $479 | $15,075 |
| 2019 | $479 +14.4% | $15,075 |
| 2018 | $419 0% | $15,075 |
| 2017 | $419 | $15,075 |
| 2016 | $419 +0.2% | $15,075 |
| 2015 | $418 | $15,075 -0.3% |
| 2014 | $418 | $15,121 |
| 2013 | $418 +1.7% | $15,121 |
| 2012 | $411 +0.1% | $15,121 |
| 2011 | $411 | $15,121 |
| 2010 | -- | $15,121 |
| 2009 | -- | $15,121 +0.5% |
| 2008 | $369 | $15,043 |
| 2007 | $369 +8.7% | $15,043 +16.7% |
| 2006 | $339 | $12,888 |
| 2005 | $339 +12.9% | $12,888 |
| 2004 | $300 -12.3% | $12,888 -9% |
| 2002 | $343 | $14,157 +12% |
| 2001 | -- | $12,637 -70% |
| 2000 | -- | $42,129 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 37397
Nearby schools
GreatSchools rating
- 5/10Whitwell Elementary SchoolGrades: PK-4Distance: 1.2 mi
- 7/10Whitwell Middle SchoolGrades: 5-8Distance: 1.4 mi
- 6/10Whitwell High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Whitwell Elementary
- Middle: Whitwell Middle
- High: Whitwell High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Marion County
- Whitwell
- 37397
- 125 W Indiana Ave
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