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1516 Adams St Unit 114, Chattanooga, TN, 37408

$479,000

Home List Price

$5,688*

Closing Credit

1 Bedroom
1 Full Bath
930 SqFt
$515/SqFt
Townhouse

Location

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1516 Adams St Unit 114, Chattanooga$479,000

Buyer Closing Credits

$5,688*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAssigned, Off Street, Parking Lot
Year Built2017
HeatingElectric
CoolingElectric
ViewDowntown
MLS #1504585
StatusActive

About 1516 Adams St Unit 114

Located in the charming Southside, this fully furnished townhome is a standout property, already licensed as a short-term vacation rental with a proven track record. Offering a seamless, turnkey investment, the current owners are transferring all Airbnb listing details, LLC, and licensing to the new buyer, making this an effortless transition. The home is meticulously maintained, featuring stylish furnishings and décor that create a welcoming and comfortable space for guests. With a solid rental history, this townhome offers the potential for consistent income, making it an excellent addition to your investment portfolio. Don't miss the chance to own a fully operational, high-performing vacation rental in one of the area's most sought-after neighborhoods. Schedule a viewing today and step into a profitable future!

Property Details

Property Features

Property Information:

  • Year Built: 2017
  • Living Area: 930 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

Interior Features

Interior Information:

  • Appliances: Washer/Dryer, Refrigerator, Microwave, Electric Range, Electric Water Heater, Disposal, Dishwasher
  • Basement: No
  • Flooring Type: Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Downtown
  • Exterior: Balcony, Courtyard, Deck, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Off Street, Parking Lot

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: From I24 take Exit 180A, Rossville Blvd / Right onto Central / Left on E Main / Left on Adams

Price Information

Listing Price Info

Price Summary:

  • List Price: $479,000
  • Price Per SqFt: $515/SqFt

HOA Fees:

  • Amount: $65
  • Frequency: Monthly
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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

$330K

Med. Price/SqFt

$200

Avg. Days On Market

37

# of Sold Homes

331

1516 Adams St Unit 114 vs Chattanooga

1 DAY ON ROCKET

-36 Days

$479,000

+$148.9K More

$515/SqFt

+$314 More

KEY TAKEAWAY

This property is $148.9K more than the Median Sold Price and $314/SqFt more than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1504585

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1600

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: 12/17/2024, 11:21:08 PM 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

$2,523

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,503

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NMLS#3030

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.

Nearby Schools

school-card-donut-4266960
4
/10

  • Battle Academy

  • 1601 Market St

  • 0.42 miles

  • Public Magnet Grades PK-5

school-card-donut-4266961
3
/10

  • Brown Academy

  • 718 E 8th St

  • 0.73 miles

  • Public Magnet Grades PK-5

school-card-donut-4266962
5
/10

  • Chattanooga School for The Arts and Science Lower School

  • 865 E 3rd St

  • 1.21 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,741. Most Chattanooga, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1516 Adams St Unit 114

What is the listing price of this property?

The listing price of 1516 Adams St Unit 114 property is $479,000.

What type of property is this?

The property 1516 Adams St Unit 114 is a townhouse located in Chattanooga, Tennessee, 37408.

Is this property for sale now?

Active Listing: 1516 Adams St Unit 114 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1516 Adams St Unit 114 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1516 Adams St Unit 114 is 930 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1516 Adams St Unit 114 is 2017.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37408›1516 Adams St Unit 114

This home is located at 1516 Adams St Unit 114 in Chattanooga, TN and zip code 37408 in the Southside neighborhood. This 930 square foot home was built in 2017. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $479,000.

Over 47 listings were sold over their listed price in November 2024 in Chattanooga, TN. In the same period over 195 listings were sold below the listed price and 89 listings were sold for the listed price. The number of homes for sale in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 37 days, the median list price was $330,018.

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

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