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  • $315,000

    5065 Shoals Ln, Chattanooga, TN 37416

    5beds
    2baths
    1,797sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $315,000 Zestimate®
    $175/sqft
    $1,571 Estimated rent

    Home value

    $315,000

    $299,000 - $331,000

    $1,571/mo

    Zestimate® history
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    What's special

    Private yard accessNew roofNew windowsNew hvac condenserOpen living spacesEat-in kitchensNew flooring
    Investor Opportunity in Lake Shoals -Duplex on Cul-De-Sac! Welcome to 5065 Shoals Lane, a fantastic duplex tucked away in the quiet Lake Shoals subdivision just off Highway 58. Located on a spacious 0.37-acre cul-de-sac lot, this property offers privacy, convenience, and strong potential in one of Chattanooga's growing areas. With approximately 1,797 total square feet, this duplex features two separate units -- one offering 2 bedrooms and 1 full bath, and the other offering 3 bedrooms and 1 full bath -- making it ideal for investors or owner-occupants looking to offset their mortgage with rental income. Recent updates provide peace of mind and added value, including: • New roof • New windows • New flooring • Sewer line replaced (2020) • New HVAC condenser Each unit offers functional layouts with eat-in kitchens, open living spaces, and private yard access. Situated in a quiet community close to the water, this location provides easy access to Highway 58, Harrison Bay, shopping, and dining while maintaining a peaceful neighborhood setting. Utilities are individually metered Whether you're expanding your investment portfolio or looking for a live-in investment opportunity, this duplex checks all the boxes for location, updates, and long-term potential. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah Ketterer 423-400-0014,

    Greater Downtown Realty dba Keller Williams Realty

    Bought with:

    Erica Allen, 353221

    United Real Estate Experts

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3133540MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Electric
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Laminate, Tile
    Interior area
    • Total structure area: 1,797
    • Total interior livable area: 1,797 sqft

    Property

    Parking
    • Parking features: Detached, Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 1
    Lot
    • Size: 0.37 Acres
    • Dimensions: 100 x 161.3
    Details
    • Parcel number: 112A A 011
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding, Other, Brick
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Subdivision: Lake Shoals
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $268,800
    • Annual tax amount: $1,226
    • Date on market: 2/20/2026
    • Total actual rent: 0
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/26/2026Sold$315,000$175/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3133540 Report a problem
    2/24/2026Contingent$315,000$175/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3133540 Report a problem
    2/20/2026Listed for sale$315,000+21.2%$175/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3133540 Report a problem
    12/10/2024Listing removed$260,000$145/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2682199 Report a problem
    10/22/2024Price change$260,000-5.5%$145/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2682199 Report a problem
    9/4/2024Listed for sale$275,000$153/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2682199 Report a problem
    8/16/2024Contingent$275,000$153/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2682199 Report a problem
    7/22/2024Listed for sale$275,000$153/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2682199 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,648 +34.4%$107,520 +99.1%
    2024$1,226 $54,000
    2023$1,226 $54,000
    2022$1,226 +1.5%$54,000
    2021$1,208 +16.2%$54,000 +43.6%
    2020$1,040 $37,600
    2019$1,040 $37,600
    2018$1,040 -1.7%$37,600
    2017$1,058 $37,600
    2016$1,058 --
    2015$1,058 $37,600
    2014$1,058 -18.9%--
    2013$1,304 $42,440 -10%
    2012$1,304 $47,160
    2011$1,304 $47,160
    2010$1,304 $47,160
    2009$1,304 $47,160 +8.2%
    2008-- $43,600
    2007-- $43,600
    2006-- $43,600
    2005-- $43,600 +6.8%
    2004-- $40,840
    2003-- $40,840
    2002-- $40,840
    2001-- $40,840 +7.5%
    2000-- $38,000
    Find assessor info on the county website

    Neighborhood: 37416

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harrison Elementary School
    • Middle: Brown Middle School
    • High: Central High School

    Source: RealTracs MLS as distributed by MLS GRID. 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
    $315,000
    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
    $315,000