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Backup Offers

2504 Union Ave, Chattanooga, TN, 37404

$180,000

Home List Price

$2,138*

Closing Credit

0 Baths
1,898 SqFt
$95/SqFt
Multi
Schools Nearby

Location

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2504 Union Ave, Chattanooga$180,000

Buyer Closing Credits

$2,138*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1920
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1390039
StatusAccepting Backup Offers
(Contingent)

About 2504 Union Ave

Welcome to your next investment opportunity! This charming duplex offers the perfect blend of potential and possibility. Situated in a desirable location, this property presents a fantastic chance to add value and generate income.The property comprises two units: a spacious 2-bedroom, 1-bathroom unit and a cozy 1-bedroom, 1-bathroom unit. Both units boast timeless hardwood floors throughout, offering durability and easy maintenance. While they may require a touch of tender loving care, these units are brimming with potential for renovation and customization.Inside, each unit features washer dryer hookups, providing added convenience for tenants and potentially increasing rental appeal.Outside, a large level backyard beckons, offering ample space for outdoor activities or potential landscaping projects. Additionally, the property boasts a sizable attic space, perfect for storage or potential expansion down the road.Whether you're an experienced investor looking to expand your portfolio or a first-time buyer eager to enter the real estate market, this duplex presents an exciting opportunity. Don't miss your chance to turn this diamond in the rough into a shining investment gem! Schedule your viewing today and unlock the potential of this fantastic property.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,898 SqFt

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • The Howard School, Public District Grades 9-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Orchard Knob Middle School, Public District Grades 6-8
  • Orchard Knob Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Dodds Ave to west on Union Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $180,000
  • Price Per SqFt: $95/SqFt

Tax Information:

  • Annual Amount: $152
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

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Chattanooga, TN

City

Med. Sold Price

$327.2K

Med. Price/SqFt

$193

Avg. Days On Market

24

# of Sold Homes

362

2504 Union Ave vs Chattanooga

20 DAYS ON ROCKET

-4 Days

$180,000

-$147.2K Less

$95/SqFt

-$99 Less

KEY TAKEAWAY

This property is $147.2K less than the Median Sold Price and $99/SqFt less than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1390039

Listing Office:

  • Office Name: Real Estate Partners Chattanooga LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 7:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 2016Home Sold
$82,500
Mar 10, 2005Home Sold
$20,500
Jan 20, 1999Home Sold
$37,500
Nov 08, 1996Home Sold
$12,000
Dec 20, 1995Home Sold
$12,000
Mar 13, 1995Home Sold
$12,000
Mar 08, 1995Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2020$152 -
2017$139$5,040

History based on county public records data.

Payment Calculator

$966

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$606

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4625506
2
/10

  • Orchard Knob Elementary School

  • 400 N Orchard Knob Ave

  • 1.15 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4625507
4
/10

  • Orchard Knob Middle School

  • 500 N Highland Park Ave

  • 1.15 miles

  • Public District Grades 6-8

High School

school-card-donut-4625508
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 2.12 miles

  • Public District Grades 6-12

school-card-donut-4625509
2
/10

  • The Howard School

  • 2500 S Market St

  • 2.44 miles

  • Public District Grades 9-12

school-card-donut-4625510
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 5.17 miles

  • Public District Grades 9-10

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,565. Most Chattanooga, TN residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37404›2504 Union Ave

This home is located at 2504 Union Ave in Chattanooga, TN and zip code 37404 in the Ridgedale neighborhood. This 1,898 square foot home was built in 1920. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $180,000.

While more than 96 listings in Chattanooga, TN in April 2024 were sold above asking price, there were more than 126 listings sold at asking price, and more than 140 were sold below. In April 2024 in Chattanooga, TN there were 4% more homes for sale than in March 2024. While the average time on the market in April 2024 was 24 days, the median list price was $327,210.

From Rocket Homes Real Estate and based on county public records data.

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