St. Elmo, and an investor special - both true at once, which is the opportunity.
Here is the interesting part. This reads as a duplex that somebody converted into a single-family home, and taking it back looks like closing off one doorway. Two rentable doors in St. Elmo is a different conversation than one, and most of that work appears to have been done already, in the wrong direction.
It needs work regardless. It is a fixer and there is no point pretending otherwise - ceilings are open to the joists in places, floors are down to the boards - so come with a budget and a contractor rather than a paint roller. What you are buying is the address and the footprint, in a neighborhood where people wait for something to come up.
As a rental it takes care of itself. This is a part of town where tenants want to be and stay, close to the shops and restaurants on the avenue and the trailheads on the mountain behind it.
Bring your own numbers. Sold as-is. Buyer to verify any conversion with the county.
Contingent
$199,900
4511 Balcomb St, Chattanooga, TN 37409
4beds
1,470sqft
Single Family Residence
Built in 1940
0.32 Acres Lot
$190,300 Zestimate®
$136/sqft
$-- HOA
What's special
- 33 days
- 689
- 41
Zillow last checked:
Listing updated:
Listed by:
Michael Burge 423-777-6453,
Southern Property Shop 423-888-5217,
Cameron Davis 423-400-1700,
Southern Property Shop
Source: Greater Chattanooga Realtors,MLS#: 1542765
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Window Unit(s)
Features
- Tub/shower Combo
- Flooring: Carpet, Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,470
- Total interior livable area: 1,470 sqft
- Finished area above ground: 1,470
Property
Parking
- Parking features: On Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Porch - Covered
- Exterior features: None
Lot
- Size: 0.32 Acres
- Dimensions: 78 x 95
Details
- Parcel number: 167g M 012
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Cement Siding
- Foundation: Block
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $136/sqft
- Tax assessed value: $288,300
- Annual tax amount: $2,483
- Date on market: 9/16/2026
- Listing terms: Cash
- Road surface type: Asphalt, Paved
Estimated market value
$190,300
$181,000 - $200,000
$2,077/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2026 | Contingent | $199,900$136/sqft |
Source: Greater Chattanooga Realtors #1542765 Report a problem | ||
| 9/16/2026 | Listed for sale | $199,900$136/sqft |
Source: Greater Chattanooga Realtors #1542765 Report a problem | ||
| 9/16/2026 | Pending sale | $199,900$136/sqft |
Source: Greater Chattanooga Realtors #1542765 Report a problem | ||
| 9/14/2026 | Listed for sale | $199,900+17.6%$136/sqft |
Source: Greater Chattanooga Realtors #1542765 Report a problem | ||
| 8/13/2026 | Sold | $170,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,092 +20.9% | $72,075 +78.4% |
| 2024 | $904 | $40,400 |
| 2023 | $904 | $40,400 |
| 2022 | $904 | $40,400 |
| 2021 | $904 +65.5% | $40,400 +104.6% |
| 2020 | $546 | $19,750 |
| 2019 | $546 | $19,750 |
| 2018 | $546 -51.3% | $19,750 |
| 2017 | $1,122 +9.4% | $19,750 |
| 2016 | $1,026 | -- |
| 2015 | $1,026 | $17,950 |
| 2014 | $1,026 +10.9% | -- |
| 2013 | $925 | $17,950 -1.5% |
| 2012 | $925 | $18,225 |
| 2011 | $925 | $18,225 |
| 2010 | $925 +7.9% | $18,225 |
| 2009 | $857 | $18,225 +13.6% |
| 2008 | -- | $16,050 |
| 2007 | -- | $16,050 |
| 2006 | -- | $16,050 |
| 2005 | -- | $16,050 +48.3% |
| 2004 | -- | $10,825 |
| 2003 | -- | $10,825 |
| 2002 | -- | $10,825 |
| 2001 | -- | $10,825 +14.2% |
| 2000 | -- | $9,475 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Saint Elmo
Nearby schools
Schools provided by the listing agent
- Elementary: Calvin Donaldson Elementary
- Middle: Lookout Valley Middle
- High: Lookout Valley High
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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