Rare investment property opportunity with huge upside income potential without costly capital improvements. Legacy rent on the leased side is far below potential. Located just outside the ever-popular St. Elmo historic district. Convenient to shopping, restaurants, entertainment, downtown, post office, library, fire station, Lookout Mountain, and highways. Your renters will enjoy this townhome alternative to overcrowded apartment living. This solid asset is under 30 years old, avoiding many of the challenges of owning older rental properties in the city. One side is owner-occupied and available for viewing with notice. Townhome investments like this are very hard to find these days. Hesitate and you may miss your chance for future profits!
Sold for $305,000
$305,000
913 W 38th St, Chattanooga, TN 37410
8beds
2,220sqft
Duplex
Built in 1996
-- sqft lot
$359,500 Zestimate®
$137/sqft
$1,468 Estimated rent
Home value
$359,500
$338,000 - $385,000
$1,468/mo
Zestimate® history
Owner options
List your home for rent
$1,468/mo
Rent Zestimate®
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$1,468/mo
Rent Zestimate®
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$1,778/mo
Est. payment
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$1,778/mo
Est. payment
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List your homeWhat's special
Lookout mountainFire stationPost office
Zillow last checked:
Listing updated:
Listed by:
Philip H Lancaster 423-400-0101,
Rock Point Real Estate, LLC,
Wanda E Chubbs,
Rock Point Real Estate, LLC
Bought with:
Philip H Lancaster, 296531
Source: Greater Chattanooga Realtors,MLS#: 1385480
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Eat-in Kitchen
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,220
- Total interior livable area: 2,220 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
Lot
- Size: 0.26 Acres
- Dimensions: 52.5 x 218
- Features: Flag Lot, Level
Details
- Parcel number: 155n E 031
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum Siding, Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Chattanooga
- Subdivision: Long Street Addn
Other
Other facts
- Listing terms: Cash,Conventional,Owner May Carry
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2024 | Sold | $305,000-6.2%$137/sqft |
Source: Greater Chattanooga Realtors #1385480 Report a problem | ||
| 1/26/2024 | Contingent | $325,000$146/sqft |
Source: Greater Chattanooga Realtors #1385480 Report a problem | ||
| 1/19/2024 | Listed for sale | $325,000+247.6%$146/sqft |
Source: Greater Chattanooga Realtors #1385480 Report a problem | ||
| 6/21/2016 | Sold | $93,500-5%$42/sqft |
Source: Greater Chattanooga Realtors #1238040 Report a problem | ||
| 5/5/2016 | Pending sale | $98,400$44/sqft |
Source: RE/MAX Properties #1238040 Report a problem | ||
| 12/1/2015 | Listed for sale | $98,400-0.6%$44/sqft |
Source: RE/MAX Properties #1238040 Report a problem | ||
| 2/20/2010 | Listing removed | $99,000$45/sqft |
Source: RE/MAX Properties, LLC #1137764 Report a problem | ||
| 11/21/2009 | Listed for sale | $99,000+25.3%$45/sqft |
Source: RE/MAX Properties, LLC #1137764 Report a problem | ||
| 8/4/2008 | Sold | $79,000+146.9%$36/sqft |
Source: Public Record Report a problem | ||
| 6/3/2003 | Sold | $32,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,736 +64.5% | $114,520 +142.8% |
| 2024 | $1,055 +60% | $47,160 +60% |
| 2023 | $659 | $29,475 |
| 2022 | $659 | $29,475 |
| 2021 | $659 -0.9% | $29,475 +22.4% |
| 2020 | $666 | $24,075 |
| 2019 | $666 | $24,075 |
| 2018 | $666 -50.3% | $24,075 |
| 2017 | $1,340 -32.5% | $24,075 |
| 2016 | $1,985 | -- |
| 2015 | $1,985 | $36,840 |
| 2014 | $1,985 +19.5% | -- |
| 2013 | $1,660 | $36,840 -38.6% |
| 2012 | $1,660 | $60,040 |
| 2011 | $1,660 | $60,040 |
| 2010 | $1,660 | $60,040 |
| 2009 | $1,660 | $60,040 +9.6% |
| 2008 | -- | $54,760 |
| 2007 | -- | $54,760 |
| 2006 | -- | $54,760 |
| 2005 | -- | $54,760 +13.5% |
| 2004 | -- | $48,240 |
| 2003 | -- | $48,240 |
| 2002 | -- | $48,240 |
| 2001 | -- | $48,240 +16.6% |
| 2000 | -- | $41,360 |
Find assessor info on the county website
Neighborhood: Alton Park
Nearby schools
GreatSchools rating
- 2/10Calvin Donaldson Environmental Science AcademyGrades: PK-5Distance: 0.2 mi
- 3/10Orchard Knob Middle SchoolGrades: 6-8Distance: 3.4 mi
- 4/10The Howard SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Calvin Donaldson Elementary
- Middle: Orchard Knob 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
$359,500
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
$359,500
- Tennessee
- Hamilton County
- Chattanooga
- 37410
- Alton Park
- 913 W 38th St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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