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Sold for $186,500
  • $186,500

    315 S Lyerly St, Chattanooga, TN 37404

    12beds
    1,548sqft
    Duplex
    Built in 1930
    -- sqft lot
    $281,200 Zestimate®
    $120/sqft
    $1,558 Estimated rent

    Home value

    $281,200

    $242,000 - $323,000

    $1,558/mo

    Zestimate® history
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    What's special

    Covered back porchLarger front porch
    Up for sale is a great opportunity to own a multi family house in Downtown Chattanooga. This is a great investment opportunity for someone to add to their portfolio or to start out with. The house beside this one sold recently and is currently used as a AirBNB. This house does have good long term tenants that are on a month to month occupancy. Side A is 2 bedrooms, 1 bathroom with living room and kitchen. Laundry hook ups are in the kitchen. Side B is a 1 bedroom, 1 bathroom with living room and kitchen. The laundry hookups are in the bathroom. Both units use wall heating and window A/C. Unit A has a larger front porch while unit B has a covered back porch. Both units have their own meters. This duplex is rented at $1050 a month total with room for a rental increase if the buyers desired. Side A was remodeled in 2019, side B has only been repaired as needed. This property could benefit from a remodel . This property is a cash sale only and will only be shown to parties that can provide proof of funds and have interest in purchasing as tenants are in place and due not want to disturb unless we have interested buyers. This property sites on the corner of Lyerly and Duncan. Great investment opportunity!!!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Christine Eisenberg 877-996-5728,

    Continental Real Estate Group, Inc

    Bought with:

    Comps Non Member Licensee

    COMPS ONLY

    Source: Greater Chattanooga Realtors,MLS#: 1385159

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • Window Unit(s), Wall Unit(s)
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,548
    • Total interior livable area: 1,548 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: One
    Lot
    • Size: 4,140 Square Feet
    • Dimensions: 45 x 92
    • Features: Wooded
    Details
    • Parcel number: 146k U 022

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Fiber Cement
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Subdivision: Montagues Highland
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $120/sqft
    • Tax assessed value: $225,200
    • Annual tax amount: $1,069
    • Date on market: 1/12/2024
    • Listing terms: Cash,Owner May Carry
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    2/20/2024Sold$186,500+24.3%$120/sqft
    Source: Greater Chattanooga Realtors #1385159 Report a problem
    1/17/2024Pending sale$150,000$97/sqft
    Source: Greater Chattanooga Realtors #1385159 Report a problem
    1/12/2024Listed for sale$150,000+669.2%$97/sqft
    Source: Greater Chattanooga Realtors #1385159 Report a problem
    3/19/2014Sold$19,500-44.3%$13/sqft
    Source: Public Record Report a problem
    10/18/2013Price change$35,000-22.2%$23/sqft
    Source: Keller Williams Realty #1199545 Report a problem
    8/16/2013Listed for sale$45,000+350%$29/sqft
    Source: Keller Williams Realty #1199545 Report a problem
    6/1/2012Sold$10,000-79.2%$6/sqft
    Source: Public Record Report a problem
    8/16/2004Sold$48,000+166.7%$31/sqft
    Source: Public Record Report a problem
    7/8/2004Sold$18,000-36.8%$12/sqft
    Source: Public Record Report a problem
    11/15/1996Sold$28,500$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,365 +156%$90,080 +277.9%
    2024$533 $23,840
    2023$533 $23,840
    2022$533 $23,840
    2021$533 -16.3%$23,840 +3.5%
    2020$637 $23,040
    2019$637 $23,040
    2018$637 -50.5%$23,040
    2017$1,288 +25.2%$23,040
    2016$1,029 --
    2015$1,029 $18,000
    2014$1,029 +86.4%--
    2013$552 $18,000 -9.8%
    2012$552 $19,960
    2011$552 $19,960
    2010$552 $19,960
    2009$552 $19,960 +7.5%
    2008-- $18,560
    2007-- $18,560
    2006-- $18,560
    2005-- $18,560 +12.9%
    2004-- $16,440
    2003-- $16,440
    2002-- $16,440
    2001-- $16,440 +62.5%
    2000-- $10,120
    Find assessor info on the county website

    Neighborhood: Ridgedale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orchard Knob Elementary
    • Middle: Crab Orchard 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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    Estimated market value
    $281,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $281,200