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Contingent
  • $122,000

    859 Wheeler Ave, Chattanooga, TN 37406

    2beds
    840sqft
    : 
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    Single Family Residence
    Built in 1947
    7,405 Square Feet Lot
    $117,600 Zestimate®
    $145/sqft
    $-- HOA

    What's special

    Crawl space encapsulations
    *Package Deal Opportunity: Two Homes Right Next to Each Other for Less Than $250,000* Rare opportunity to purchase one or both of these neighboring investment properties at 857 and 859 Wheeler Ave. Priced at just $122,000 each, these homes offer investors, landlords, and value minded buyers an excellent opportunity in a convenient Chattanooga location. Both properties are currently tenant occupied with tenants in place for the next several months, providing immediate rental income potential for the next owner. Located just minutes from Erlanger Hospital, UTC, downtown Chattanooga, shopping, dining, and major employers, these homes are positioned in an area with strong rental demand. Both homes were extensively renovated by a previous owner prior to the current owner's purchase. Since acquiring the properties, the current owner has also completed crawl space encapsulations on both homes, providing added peace of mind and helping reduce future maintenance concerns. Whether you are looking to add to your rental portfolio, purchase your first investment property, or take advantage of the opportunity to own two homes side by side, this is a unique offering at an attractive price point. Opportunities like this are becoming harder to find. *No showings will be permitted until an accepted contract is in place. Please do not disturb tenants*
    40 days
    |
    317
    |
    27
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    Zillow last checked:

    Listing updated:

    Listed by:

    Carter Roberson 423-417-0262,

    RE/MAX Renaissance Realtors 423-756-5700

    Source: Greater Chattanooga Realtors,MLS#: 1536732

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Free-Standing Electric Range, Refrigerator
      Features
      • Open Floorplan, Primary Downstairs, Tub/shower Combo
      • Flooring: Vinyl
      • Windows: Aluminum Frames
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 840
      • Total interior livable area: 840 sqft
      • Finished area above ground: 840

      Property

      Parking
      • Parking features: Off Street
      Features
      • Levels: One
      • Exterior features: Private Yard
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 50 x 146.75
      • Features: Level
      Details
      • Parcel number: 146d F 006
      • Special conditions: Investor

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Other
      • Foundation: Block
      • Roof: Asphalt,Shingle
      Condition
      • New construction: No
      • Year built: 1947

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Missionary Heights
      HOA
      • Has HOA: No
      Location
      • Region: Chattanooga

      Financial & listing details

      • Price per square foot: $145/sqft
      • Tax assessed value: $73,100
      • Annual tax amount: $629
      • Date on market: 6/25/2026
      • Listing terms: Cash,Conventional

        Estimated market value

        $117,600

        $112,000 - $123,000

        $1,397/mo

        Price history

        DateEventPrice
        7/11/2026Contingent$122,000$145/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3242463 Report a problem
        6/25/2026Listed for sale$122,000$145/sqft
        Source: Greater Chattanooga Realtors #1536732 Report a problem
        6/15/2026Contingent$122,000$145/sqft
        Source: Greater Chattanooga Realtors #1536732 Report a problem
        6/13/2026Listed for sale$122,000+62.7%$145/sqft
        Source: Greater Chattanooga Realtors #1536732 Report a problem
        8/23/2025Listing removed$1,095$1/sqft
        Source: Zillow Rentals Report a problem
        7/28/2025Price change$1,095-4.8%$1/sqft
        Source: Zillow Rentals Report a problem
        6/30/2025Price change$1,150-8%$1/sqft
        Source: Zillow Rentals Report a problem
        6/20/2025Listed for rent$1,250+31.6%$1/sqft
        Source: Zillow Rentals Report a problem
        8/12/2022Sold$75,000-21.1%$89/sqft
        Source: Greater Chattanooga Realtors #1355995 Report a problem
        7/29/2022Contingent$95,000$113/sqft
        Source: Greater Chattanooga Realtors #1355995 Report a problem
        7/13/2022Price change$95,000-4.9%$113/sqft
        Source: Greater Chattanooga Realtors #1355995 Report a problem
        7/5/2022Listed for sale$99,900$119/sqft
        Source: Greater Chattanooga Realtors #1355995 Report a problem
        6/21/2022Contingent$99,900$119/sqft
        Source: Greater Chattanooga Realtors #1355995 Report a problem
        6/14/2022Price change$99,900-9.1%$119/sqft
        Source: Greater Chattanooga Realtors #1355995 Report a problem
        5/27/2022Listed for sale$109,900+423.3%$131/sqft
        Source: Greater Chattanooga Realtors #1355995 Report a problem
        5/4/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/20/2022Listed for rent$950$1/sqft
        Source: Zillow Rental Manager Report a problem
        7/28/2020Sold$21,000$25/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$277 +49.6%$18,275 +120.8%
        2024$185 $8,275
        2023$185 $8,275
        2022$185 $8,275
        2021$185 +1.1%$8,275 +24.9%
        2020$183 $6,625
        2019$183 $6,625
        2018$183 -60.2%$6,625
        2017$461 +0.3%$6,625
        2016$459 --
        2015$459 $6,775
        2014$459 +115.6%--
        2013$213 $6,775 -12%
        2012$213 $7,700
        2011$213 $7,700
        2010$213 $7,700
        2009$213 $7,700 +15.8%
        2008-- $6,650
        2007-- $6,650
        2006-- $6,650
        2005-- $6,650 +9%
        2004-- $6,100
        2003-- $6,100
        2002-- $6,100
        2001-- $6,100 +8%
        2000-- $5,650
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wheeler Avenue

        Getting around

        52 / 100
        Somewhat Walkable
        29 / 100
        Some Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Orchard Knob Elementary
        • Middle: Orchard Knob Middle
        • High: Brainerd 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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