859 Wheeler Avenue, Chattanooga, TN 37406

$110,000
2
BD
1
BA
840
SqFt

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Sold Price
$110,000
List Price
$122,000
Status
CLOSED
Days on Market
46
Closing Date
Aug 10, 2026
MLS#
3242463
Subtype
Residential
Year Built
1947
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
840
Lot Size
7,405
Acres
0.17
Subdivision
Missionary Heights

Property Description

*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*

Additional Information

Exterior Construction
Other
Stories
1
Parking Features
Detached
Elementary School
Orchard Knob Elementary School
Middle School
Orchard Knob Middle School
High School
Brainerd High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Re/Max Renaissance. Selling Office: United Real Estate Experts.

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