8 months on rocket

4411 Alabama Ave, Chattanooga, TN, 37409

$795,000

Home List Price

$9,441*

Closing Credit

0 Baths
3,313 SqFt
$240/SqFt
Multi
Schools Nearby

Location

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4411 Alabama Ave, Chattanooga$795,000

Buyer Closing Credits

$9,441*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street Parking
Year Built1900
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #1378981
Lot Size0.43 Acres
StatusActive

About 4411 Alabama Ave

Investment opportunity in Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down. They all boast tons of charm and varying updates throughout, and the roof and gutters were just replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and full bath. The units on the main level have direct access to the covered front porch, while the upper units have a common rear foyer with steps down to the front porch. The upstairs rear foyer also provides a great space for bicycles, etc. All of the units have there own HVAC units and are separately metered. The owner pays for water/sewer. There are currently a total of 8 tenants who utilize the parking area in the back and a small patio area for grilling. There is also a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained rented throughout the seller's ownership. Showings to only be allowed once there is a binding agreement, so please call for more information. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Level
  • Year Built: 1900
  • Stories: 2
  • Living Area: 3,313 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Historic, Level
  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Lookout Valley Middle - High School, Public District Grades 6-12
  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Calvin Donaldson Environmental Science Academy, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: South on Broad towards Lookout Mountain, left on TN Ave. YN Ave turns into Saint Elmo Ave, right on 43rd St, left on Alabama Ave, house is on the right. PLEASE DO NOT DISTURB THE TENANTS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $795,000
  • Price Per SqFt: $240/SqFt

Tax Information:

  • Annual Amount: $2,921
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$327.2K

Med. Price/SqFt

$193

Avg. Days On Market

24

# of Sold Homes

362

4411 Alabama Ave vs Chattanooga

247 DAYS ON ROCKET

+223 Days

$795,000

+$467.7K More

$240/SqFt

+$46 More

KEY TAKEAWAY

This property is $467.7K more than the Median Sold Price and $46/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1378981

Listing Office:

  • Office Name: Keller Williams Realty

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: 5/4/2024, 12:55:32 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

Aug 29, 2017Home Sold
$19,500
Mar 03, 2004Home Sold
$128,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,921$51,880
2019$1,434$51,880
2017$1,435$51,880

History based on county public records data.

Payment Calculator

$4,035

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,450

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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-5668393
3
/10
  • Calvin Donaldson Environmental Science Academy

  • 927 W 37th St

  • 0.95 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-5668394
5
/10
  • Lookout Valley Middle - High School

  • 350 Lookout High St

  • 2.96 miles

  • Public District Grades 6-12

school-card-donut-5668395
7
/10
  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 3.95 miles

  • Public District Grades 6-12

school-card-donut-5668396
8
/10
  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 8.64 miles

  • Public District Grades 9-10

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,951. Residents of Chattanooga, TN typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesTennesseeHamilton CountyChattanooga374094411 Alabama Ave

This home is located at 4411 Alabama Ave in Chattanooga, TN and zip code 37409 in the South Chattanooga neighborhood. This 3,313 square foot home, which was built in 1900, sits on a 0.43 acre lot. It has been listed on Rocket Homes since August 31, 2023 and is currently priced at $795,000.

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. The median list price of listings available in April 2024 was $327,210, while the average time on the real estate market was 24 days.

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

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