Property Details
Basic Information
- Property SubType: Single Family Residence
- MLS Number: 3242457
- Mls Status: Active
- List Price: $122,000
- Lot Description: ["Level"]
- Date Listed: 06/13/2026
- Description: *Package Deal Opportunity: Two Homes Right Next to Each Other for Less Than $250,000* Rare opportunity to purchase one or both of these neighboring investment properties at 857 and 859 Wheeler Ave. Priced at just $122,000 each, these homes offer investors, landlords, and value minded buyers an excellent opportunity in a convenient Chattanooga location. Both properties are currently tenant occupied with tenants in place for the next several months, providing immediate rental income potential for the next owner. Located just minutes from Erlanger Hospital, UTC, downtown Chattanooga, shopping, dining, and major employers, these homes are positioned in an area with strong rental demand. Both homes were extensively renovated by a previous owner prior to the current owner's purchase. Since acquiring the properties, the current owner has also completed crawl space encapsulations on both homes, providing added peace of mind and helping reduce future maintenance concerns. Whether you are looking to add to your rental portfolio, purchase your first investment property, or take advantage of the opportunity to own two homes side by side, this is a unique offering at an attractive price point. Opportunities like this are becoming harder to find. No showings will be permitted until an accepted contract is in place. Please do not disturb tenants.
Building
- Acreage: 0.17
- Square Feet: 859
- Year Built: 1947
- Stories: 1
- Roof: Other
Location
- County: Hamilton County, TN
- Town: Chattanooga
- Street: Wheeler Avenue
- Building Number: 857
- State: TN
- Zip: 37406
- Longitude: -85.261936
- Latitude: 35.04488
Finance
- Taxes: $683
Interior Features
Bedrooms
- Bedrooms: 2
Bathrooms
- Bathrooms: 1
- Full Baths: 1
Basement
- Basement: Crawl Space
Utilities and Appliances
Utilities and Appliances
- Appliances Included: Refrigerator, Electric Range
Community
Schools
- Elementary School: Orchard Knob Elementary School
- High School: Brainerd High School
Amenities
- Other Amenities: Basement
Other Details
Water
- Water Access: Public
Listings courtesy of Realtracs as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 13, 2026 9:39 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.