Bought with Sherry Lawrence
$380,000
$400,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
714 Merriam Street Chattanooga, TN 37405
1,344 SqFt
Key Details
Sold Price $380,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,344 sqft
Price per Sqft $282
Subdivision North Chatt Land Co
MLS Listing ID 3627840
Sold Date 10/28/26
HOA Y/N No
Year Built 1960
Annual Tax Amount $3,138
Lot Dimensions 50X169.2
Property Description
Opportunity is knocking!
This well-maintained duplex is within walking distance to Northshore, downtown, restaurants, shopping, gyms, parks, and hiking trails. All of these amenities are just moments away while the property itself sits on a quiet, peaceful street.
Please note: Because this is a duplex, showings will be limited to the left side, 712 Merriam St. The 714 side is currently occupied by a long-term tenant who is paying $1,225/month, with a lease in place through June 1, 2027.
The 712 Merriam side features a spacious one-bedroom, one-bath layout with ample storage, off-street parking, and access to the large, fenced, flat backyard. The property also has alley access in the rear, offering the potential for additional parking. A large storage building provides plenty of room for toys, tools, and extra belongings.
The property has seen several recent improvements, including a brand-new roof and an encapsulated crawlspace. Electrical and plumbing have been updated, along with the kitchens, bathrooms, flooring, and insulated windows in recent years.
The 712 Merriam side has continued to operate as a short-term rental, offering flexibility for an investor or owner-occupant. The 714 side provides consistent long-term rental income at $1,225/month through June 2027.
With its desirable location, multiple rental possibilities, recent updates, and income potential, this duplex offers plenty of options for its next owner. Opportunities like this don't last long!
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Tile, Vinyl
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
New Construction false
Schools
Elementary Schools Red Bank Elementary School
Middle Schools Red Bank Middle School
High Schools Red Bank High School
Others
Senior Community false
Special Listing Condition Standard
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