4 years on rocket

305 Elm Avenue, Jasper, TN, 37347

$120,000

Home List Price

$1,425*

Closing Credit

0 Baths
1,936 SqFt
$62/SqFt
Multi
Schools Nearby

Location

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305 Elm Avenue, Jasper$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street Parking
Year Built2005
HeatingCeiling, Central, Electric
CoolingCentral Air, Electric
MLS #1306856
Lot Size0.18 Acres
StatusActive

About 305 Elm Avenue

Investors, here's the deal you've been looking for! This $775,000 investment package deal features 9 properties with a total of 15 units all located within a block of each other in a quiet Jasper neighborhood. Currently 100% occupied with a GMI of $7,150. One of the units is owner occupied - rent for that particular unit would be $550 a month if occupied by a tenant. Composed of 4 single family homes, 4 duplexes, and 1 triplex, the addresses included are 202, 204 & 206 Meadow Ave, 305 & 307 Elm Ave, 405 W 3rd St, 301 Elm Ave, 404 W 3rd St, 406 W 3rd St, 209 Elm Ave, 403 W 3rd St, and 402 & 404 2nd St. All properties have off street parking. Situated just minutes from interstate access, these properties are only 20 minutes away from Bridgeport, AL and 35 minutes from downtown Chattanooga.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 2005
  • Stories: 1
  • Living Area: 1,936 SqFt

Listing Office:

  • Office Name: Real Estate Partners Chattanooga, LLC

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Marion County High School, Public District Grades 9-12
  • South Pittsburg High School, Public District Grades 7-12
  • Whitwell High School, Public District Grades 9-12
  • Jasper Middle School, Public District Grades 5-8
  • Whitwell Middle School, Public District Grades 5-8
  • Monteagle Elementary School, Public District Grades PK-8
  • Jasper Elementary School, Public District Grades PK-4
  • South Pittsburg Elementary School, Public District Grades PK-6
  • Whitwell Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Heading W on I-24 from downtown Chattanooga, take Exit 155 for TN-28 towards Jasper/Dunlap. Turn Right onto TN-28 N, then immediately turn Left onto Godsey Dr. Turn Right onto Industrial Blvd. Turn Right onto Main St. Turn Left onto Maple Ave. Turn Left onto W 2nd St. Turn Right onto Elm Ave, and the duplex is on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $62/SqFt
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Housing Market Comparison

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

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Jasper, TN

City

Med. Sold Price

$323K

Med. Price/SqFt

$189

Avg. Days On Market

58

# of Sold Homes

10

305 Elm Avenue vs Jasper

1698 DAYS ON ROCKET

+1640 Days

$120,000

-$203K Less

$62/SqFt

-$128 Less

KEY TAKEAWAY

This property is $203K less than the Median Sold Price and $128/SqFt less than other homes in Jasper, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1306856

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: 5/14/2024, 9:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-327753
2
/10

  • Jasper Elementary School

  • 495 Warrior Dr

  • 0.55 miles

  • Public District Grades PK-4

school-card-donut-327754
5
/10

  • South Pittsburg Elementary School

  • 310 Elm Ave

  • 6.18 miles

  • Public District Grades PK-6

school-card-donut-327755
6
/10

  • Whitwell Elementary School

  • 150 Tiger Trl

  • 9.04 miles

  • Public District Grades PK-4

Middle School

school-card-donut-327756
5
/10

  • Jasper Middle School

  • 601 Elm Ave

  • 0.10 miles

  • Public District Grades 5-8

school-card-donut-327757
5
/10

  • Whitwell Middle School

  • 1 Butterfly Ln

  • 9.06 miles

  • Public District Grades 5-8

school-card-donut-327758
6
/10

  • Monteagle Elementary School

  • 120 E Main St

  • 15.91 miles

  • Public District Grades PK-8

High School

school-card-donut-327759
7
/10

  • Marion County High School

  • 160 Ridley Ave

  • 0.70 miles

  • Public District Grades 9-12

school-card-donut-327760
5
/10

  • South Pittsburg High School

  • 717 Elm Ave

  • 6.58 miles

  • Public District Grades 7-12

school-card-donut-327761
6
/10

  • Whitwell High School

  • 200 Tiger Trl

  • 9.08 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,136. Residents of Jasper, TN typically earn between $35k-100k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Marion County›Jasper›37347›305 Elm Avenue

This home is located at 305 Elm Avenue in Jasper, TN and zip code 37347. This 1,936 square foot home, which was built in 2005, sits on a 0.18 acre lot. It has been listed on Rocket Homes since September 19, 2019 and is currently priced at $120,000.

In April 2024, from all listings sold in Jasper, TN there were more than 2 sold above asking price, over 8 sold below and more than 0 were sold right at the asked price. The number of listings in Jasper, TN increased by 13.8% between March 2024 and April 2024. In April 2024 median list price was $323,000 and the average listing age was 58 days.

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

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