Rollin Stapp
Join Login

714 Merriam Street, Chattanooga, TN 37405

$400,000
  • 714 Merriam Street, Chattanooga, TN 37405 Main Photo

20 Photos

New to the Market Active
BEDS2 BATHS SQUARE FEET1,344 MLS#1543219
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNorth Chatt Land Co NEIGHBORHOODChattanooga

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!

714 Merriam Street | MLS# 1543219

This multi-family property located at 714 Merriam Street, Chattanooga, TN 37405 is currently listed for sale with an asking price of $400,000. Search Chattanooga real estate on rollinstapp.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air, Electric
Fuel Type: Electric
Garage: 2
Heating: Central, Electric
Lot Size: 0.19 Acres
Taxes: $3,138
Year Built: 1960

Units

Unit Type 1:
Bedrooms: 1
Bathroom(s): 1.0
Rent: $1225.00
Square Footage: 673
Unit Type 2:
Bedrooms: 1
Bathroom(s): 1.0
Square Footage: 673

Feature Descriptions

Appliances: Dishwasher, Gas Range, Microwave, Oven, Washer/Dryer
Common Amenities: None
Days on Site: 6
Exterior: Other
Flooring: Tile, Vinyl
Interior Amenities: Open Floorplan, Storage
Lot: Level
Lot Dimensions: 50X169.2
Parcel #: 126n N 019
Parking: Off Street, Kitchen Level
Patio/Porch: Deck, Patio
Tenant Pays: Electricity
Utilities: Sewer Connected

Local Schools

High School: Red Bank High School
Middle School: Red Bank Middle
Elementary School: Red Bank Elementary

Listed By / Shown By

Listed By

Agency Name: REAL Broker
Agency Phone: 844-591-7325

Shown By

Agent Name: Rollin Stapp
Agent Phone: (423) 227-7504
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,268.39 per month $890.23 Principal & Interest $261.50 Property Tax $116.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder