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  • $281,500

    701 Summitt Ave, Chattanooga, TN 37412

    6beds
    2baths
    2,214sqft
    Multi Family
    Built in 1980
    -- sqft lot
    $311,500 Zestimate®
    $127/sqft
    $1,696 Estimated rent

    Home value

    $311,500

    $290,000 - $336,000

    $1,696/mo

    Zestimate® history
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    $1,696/mo

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    $1,699/mo

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    $1,699/mo

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    What's special

    Investment Opportunity! Welcome to 701 Summit Ave, a duplex just minutes from downtown Chattanooga in East Ridge. This updated property offers a seamless blend of comfort, style, and convenience. The interior boasts new flooring, a fully modernized kitchen with stainless steel appliances, and spacious living areas for relaxation and entertainment. With two generously sized bedrooms and recently updated bathrooms, this duplex provides a stylish and comfortable living experience. Convenience is key with ample parking, outdoor storage, and additional storage space inside. Positioned on a prominent hill, enjoy a serene living environment flooded with natural light and surrounded by tranquil trees. 701 Summit Ave is move-in ready, presenting the perfect mix of comfort and practicality. Whether you're looking for an investment or a new home, don't miss the opportunity to embrace modern convenience and timeless style in East Ridge. The left Unit B is rented for $1295/month until December 2024 and the right side Unit A is ready for an owner occupant buyer or to be leased by the new investor. Only the vacant side can be shown and the tenant occupied side can only be shown after an accepted offer within the inspection period. Financing eligible for owner occupants with 0%, 3.5% or 5% down via VA, FHA, and Conventional Financing. Call to schedule a showing or additional information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Corey Ballew 423-529-0696,

    Real Broker

    Bought with:

    Wade Kelley, 332459

    LPT Realty LLC

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3515847MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Interior area
    • Total structure area: 2,214
    • Total interior livable area: 2,214 sqft

    Property

    Parking
    • Parking features: Detached
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.37 Acres
    • Dimensions: 200 x 80.6
    Details
    • Parcel number: 156L B 001.01

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Other, Brick
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $127/sqft
    • Annual tax amount: $1,958
    • Date on market: 8/19/2026
    • Total actual rent: 1295
    • Tenant pays: Electricity, Gas, Water
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/31/2024Sold$281,500$127/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3515847 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37412

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Ridge Elementary School
    • Middle: East Ridge Middle School
    • High: East Ridge 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
    $311,500
    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
    $311,500