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4623 Hodley Avenue, Chattanooga, TN 37410

$499,700
  • 4623 Hodley Avenue, Chattanooga, TN 37410 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,240 MLS#1532068
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSomerville Cottages NEIGHBORHOODChattanooga

Property Description

Live in one side. Lease the other. Build equity while generating income - and just minutes from downtown Chattanooga. Opportunities like this are incredibly rare: a brand-new 2-unit townhome that gives you the flexibility to house-hack, expand your portfolio, or secure a low-maintenance investment in one of the city's fastest-growing areas.Located in Somerville Cottages, a thoughtfully designed and steadily expanding community in South Chattanooga, this property is built for both smart investors and strategic homeowners. Whether you offset your mortgage by renting one unit or lease both for maximum return, the numbers make sense at this price point--and inventory like this is extremely limited.Each unit is appointed with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, high ceilings, and modern, cohesive design selections that attract quality tenants and support long-term durability. These are standard features, not upgrades--creating immediate value and consistent rental appeal. Clean layouts, natural light, and efficient floor plans make both sides equally desirable, giving you flexibility in how you position the asset.Unlike older duplexes that come with deferred maintenance and surprise expenses, this is brand-new construction delivered turn-key and backed by a 1/2/10 builder's warranty--offering peace of mind and predictable ownership costs from day one. For owner-occupants, it's a strategic way to step into real estate with built-in income. For investors, it's a rare chance to secure new multi-family at this price in a high-demand rental corridor with some of the most growth potential in all of Chattanooga.Positioned just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, and the new stadium, the location drives consistent demand without relying on speculation.

4623 Hodley Avenue | MLS# 1532068

This multi-family property located at 4623 Hodley Avenue, Chattanooga, TN 37410 is currently listed for sale with an asking price of $499,700. Search Chattanooga real estate on www.www.nataliebrown.crye-leike.com today.

Upcoming Open Houses

Open House Monday April 13th, 10:00am - 2:00pm
Open House Tuesday April 14th, 2:00pm - 4:00pm
Open House Wednesday April 15th, 2:00pm - 4:00pm
Open House Thursday April 16th, 2:00pm - 4:00pm
Open House Saturday April 18th, 2:00pm - 4:00pm

Property Features

Property Type: Multi Unit - Multiple
Cooling: Electric
Fuel Type: Electric
Heating: Central, Electric

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.1
Square Footage: 1120
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.1
Square Footage: 1120

Feature Descriptions

Appliances: Disposal, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave
Association/Condo Fee: 100
Common Amenities: Other, Sidewalks
Days on Site: 2
Exterior: HardiPlank Type
Exterior Amenities: Lighting, Rain Gutters
Flooring: Luxury Vinyl
HOA Y/N: Yes
Interior Amenities: Breakfast Nook, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
Laundry: Electric Dryer Hookup, Inside, Washer Hookup
Parcel #: 0
Parking: Off Street, On Street, Paved, Parking Lot
Patio/Porch: Patio
Utilities: Electricity Connected, Underground Utilities, Water Connected

Local Schools

High School: Howard School of Academics & Tech
Middle School: Orchard Knob Middle
Elementary School: Donaldson Elementary

Listed By / Shown By

Listed By

Agency Name: Rogue Real Estate Company llc
Agency Phone: 423-715-0075

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

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Estimated Payment

$ 1,257.86 per month $1,112.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.75 Homeowner's Insurance

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