1605 Mitchell AVE, Chattanooga, TN 37408
1605 Mitchell AVE, Chattanooga, TN 37408
1605 Mitchell AVE, Chattanooga, TN 37408
1605 Mitchell AVE, Chattanooga, TN 37408
1605 Mitchell AVE, Chattanooga, TN 37408
1605 Mitchell AVE, Chattanooga, TN 37408
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$ 950,000
Est. payment | /mo

7 Beds

5 Baths

3,677 SqFt


Save
$ 950,000
Est. payment | /mo
Save

7 Beds

5 Baths

3,677 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,677 sqft

Price per Sqft $258

Subdivision Fort Negley Addn

MLS Listing ID 1545429

Bedrooms 7

Year Built 1950

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 44X135

Property Sub-Type Duplex

Source Greater Chattanooga REALTORS®

Property Description

**This is an active short-term vacation rental with a very high occupancy rate, and showings must be coordinated through the listing agent to work around guest stays.**

In the heart of Chattanooga's Southside, 1605 Mitchell Avenue offers a unique opportunity to own a beautifully updated two-unit property with grandfathered, transferable absentee STVR permits for both units. Just three doors down from Common House and close to the restaurants, shops, entertainment, and energy that make the Southside so popular, the property pairs a highly desirable location with 1950s character, generous living space, and excellent income-producing potential. Both residences offer the flexibility for short-term rental use as well as a variety of long-term investment possibilities, with a pass-through door allowing the units to be rented separately or together as a six-bedroom rental accommodating up to 12 guests. Off-street parking for up to six vehicles and six additional hang tags for street-level parking add convenience in this walkable neighborhood. Furnishings may also be negotiated, offering the potential for an even more seamless transition for the next owner. The classic brick exterior immediately gives the property a sense of warmth and permanence, with separate front porches creating a welcoming entrance for each residence. Inside, oversized windows fill both units with natural light, while thoughtful renovations complement the original character of the home. Each residence enjoys its own living room, kitchen, dining space, laundry hookups, and both front and rear entrances, giving each unit the comfortable feel of a home of its own. Together, the two residences offer a minimum of seven bedrooms and four and a half bathrooms. Unit 1 features three bedrooms and two and a half baths, including a main-level primary suite with a recently updated bathroom. Unit 2 offers four bedrooms and two full baths. The property has been well cared for and improved over the years, including a new roof in 2019, updated electrical, new windows, and a tankless water heater serving the property.

And then there is the location. From Mitchell Avenue, you are close to the Chattanooga Choo Choo and the heart of the Southside, with popular restaurants including Alleia, Main Street Meats, and State of Confusion just a short walk away. Approximately seven minutes from the Tennessee Aquarium and about 15 minutes from Rock City and Ruby Falls, with convenient access to downtown, area schools, employment centers, and the interstate.

With two spacious residences, transferable STVR permits, extensive updates, furnishings included, and a location that puts so much of Chattanooga within easy reach, 1605 Mitchell Avenue is a distinctive opportunity to own an income-producing property in the center of it all.

Location

State TN

County Hamilton

Area 0.14

Rooms

Basement Crawl Space

Interior

Interior Features Eat-in Kitchen, En Suite, Separate Dining Room, Storage

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Hardwood, Tile, Wood

Fireplace No

Appliance Electric Range, Electric Oven

Heat Source Central, Natural Gas

Laundry In Unit, Laundry Room, Main Level, Upper Level

Exterior

Exterior Feature Private Yard

Parking Features Kitchen Level, Off Street

Garage Spaces 1.0

Garage Description Kitchen Level, Off Street

Community Features Park, Sidewalks, Street Lights

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available

Roof Type Flat,Rolled/Hot Mop

Porch Front Porch, Porch - Covered

Total Parking Spaces 1

Garage Yes

Building

Lot Description Level

Faces Take I-24 to Exit 178 toward Market Street. Continue to E. 16th Street or Main Street and turn right. From there, turn right onto Mitchell Avenue. The property will be on the right, three doors down from Common House. Look for the sign in the yard.

Story Two

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Battle Academy

Middle Schools Orchard Knob Middle

High Schools Howard School Of Academics & Tech

Others

Senior Community No

Tax ID 145ldc 005

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Real Estate Partners Chattanooga LLC

NEARBY SCHOOL & BUSINESS

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David Hanson
David Hanson

Agent License ID: TN 338923 / GA 374620

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1605 Mitchell AVE