6314 Fisk AVE Pending

Chattanooga,TN 37421

$ 325000

- Bed

0 Bath

2497 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,497 sqft

Price per Sqft $130

MLS Listing ID 1515553

Year Built 1971

Lot Size 0.320 Acres

Property Sub-Type Triplex

Property Description

Welcome to 6314 Fisk Ave - a very rare opportunity that exceeds the 1% rule! This well-maintained, cash-flowing triplex features three separately metered units with strong in-place rents totaling $3,261/month. This investment includes two 2-bedroom, 1-bathroom units just under 800 square feet each, as well as a spacious 3-bedroom, 1-bathroom unit offering approximately 1,000 square feet of living space.

Each unit is equipped with in-unit laundry and features durable LVP flooring throughout for a modern look with minimal upkeep. Two of the units were updated within the past four years, while the third was remodeled even more recently - making this a turnkey option for any investor.

Situated in a quiet residential neighborhood with easy access to Highway 153, this location provides quick connectivity to downtown Chattanooga, Volkswagen, Amazon, and other major employers - making it attractive to renters year-round.

Whether you're seeking a stable income-producing asset or looking to expand your portfolio in a growing market, 6314 Fisk Ave delivers both strong returns and long-term upside.

Location

State TN

County Hamilton

Area 0.32

Interior

Heating Central

Cooling Central Air

Laundry In Kitchen

Exterior

Parking Features Off Street

Garage Description Off Street

Utilities Available Sewer Connected

Roof Type Shingle

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

Elementary Schools Bess T. Shepherd Elementary

Middle Schools Tyner Middle Academy

High Schools Tyner Academy

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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