12 days on rocket

1579-1581 Burns Ave, Chattanooga, TN, 37412

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
1,904 SqFt
$105/SqFt
Multi

Location

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1579-1581 Burns Ave, Chattanooga$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway, Off Street
Year Built1971
CoolingNone
MLS #1504087
Lot Size0.22 Acres
StatusActive

About 1579-1581 Burns Ave

Looking for a property with excellent upside potential? This 2/1 duplex is a fixer-upper located in the neighborhood of East Ridge, perfect for an investor ready to take on a project. With moderate repairs, this property could be transformed into a valuable rental or a profitable resale. East Ridge is quickly becoming one of Chattanooga's most sought-after areas for investment. As development spreads outward from downtown, East Ridge has seen a boost in property values, new commercial ventures, and infrastructure upgrades. The recent renovation of the East Ridge Corridor and the ongoing revitalization of the Ringgold Road area are breathing new life into the neighborhood. This makes the area increasingly attractive to both renters and homebuyers who are looking for more affordable options near the city's heart. The area's excellent connectivity to I-75 and I-24, combined with its emerging retail and dining options, means East Ridge is poised for long-term growth. This makes it a prime location for an investment property like this duplex.

Property Details

Property Features

Property Information:

  • Year Built: 1971
  • Living Area: 1,904 SqFt

Listing Office:

  • Office Name: Charlotte Mabry Team
  • Office Phone: (423) 593-5588

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: From I-24E Take exit 185A to merge onto 1-75 S toward Atlanta Take exit 1 for US-41 S Use the right 3 lanes to turn right onto Us-41 N/Ringgold Rd Turn left onto Burns Ave Duplex will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $105/SqFt
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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

1579-1581 Burns Ave vs Chattanooga

12 DAYS ON ROCKET

-25 Days

$199,900

-$130.1K Less

$105/SqFt

-$96 Less

KEY TAKEAWAY

This property is $130.1K less than the Median Sold Price and $96/SqFt less 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: #1504087

Listing Office:

  • Office Name: Charlotte Mabry Team
  • Office Phone: (423) 593-5588

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, 11:51:07 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

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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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.

Nearby Schools

school-card-donut-4314344
4
/10

  • Spring Creek Elementary School

  • 1100 Spring Creek Rd

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-4314345
5
/10

  • West Side Elementary School

  • 72 Braves Ln

  • 1.66 miles

  • Public District Grades PK-5

school-card-donut-4314346
3
/10

  • East Ridge Elementary School

  • 1014 John Ross Rd

  • 1.75 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,435. Most Chattanooga, TN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Chattanooga, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Chattanooga, TN?

Chattanooga's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles range from historic Victorian and Tudor homes to contemporary new constructions. The market is dynamic, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the exact composition of the housing market can vary, there is a healthy balance between homeownership and rental opportunities, accommodating a variety of lifestyle needs.

Is Chattanooga, TN a good place to live?

Chattanooga is celebrated for its vibrant community spirit and scenic beauty, nestled along the Tennessee River and surrounded by mountains. The city prides itself on its outdoor recreational opportunities, including world-class rock climbing, hiking, and water sports. Cultural events and festivals throughout the year showcase the city's diverse heritage and foster a strong sense of community among residents.

Are things conveniently located in Chattanooga, TN?

The community benefits from a robust educational system, with numerous public and private schools, as well as higher education institutions that contribute to the city's intellectual environment. Healthcare facilities in Chattanooga are comprehensive, offering a range of services from primary care to specialized treatments. The city also features a network of public libraries and a variety of retail and dining options that reflect the local culture. Initiatives to enhance services, particularly in response to demographic shifts, are a testament to the city's commitment to meeting the needs of its residents.

What does the transportation in Chattanooga, TN look like?

Chattanooga's transportation infrastructure includes a mix of public transit options and well-maintained roads and highways that facilitate travel within the city and to surrounding areas. The public transit system provides connectivity across neighborhoods, with schedules designed to accommodate commuters and residents. The city is also bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport. Efforts to improve transport efficiency and accessibility are ongoing, reflecting Chattanooga's dedication to a sustainable and connected urban environment.

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37412›1579-1581 Burns Ave

This home is located at 1579-1581 Burns Ave in Chattanooga, TN and zip code 37412. This 1,904 square foot home, which was built in 1971, sits on a 0.22 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $199,900.

While more than 47 listings in Chattanooga, TN in November 2024 were sold above asking price, there were more than 89 listings sold at asking price, and more than 195 were sold below. The number of listings in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. Listings spent 37 days on the market in November 2024, and had a median list price of $330,018 during the same period.

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

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