3163 Hodley Avenue | Image 1
New
3163 Hodley Avenue | Image 2
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3163 Hodley Avenue | Image 7

$499,800

2 days ago

0 Bed

0 Bath

2240 sqft

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MLS® 1528665

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2240 sqft
Garage No
Taxes 
Days Active 1
Lot Size 
Approx. Age 2026
Avg. Price Per Sqft $223
MLS® Number 1528665

Property Address: 3163 Hodley Avenue, Chattanooga, TN, 37410

Average square foot calculated using Size range provided by listing agent.

Description

Live in one side. Lease the other. Build equity while generating income—all under $500, 000 and just minutes from downtown Chattanooga. Opportunities like this are incredibly rare: a brand-new 2-unit townhome that gives you the flexibility to house-hack, expand your portfolio, or secure a low-maintenance investment in one of the city's fastest-growing areas. Located in Somerville Cottages, a thoughtfully designed and steadily expanding community in South Chattanooga, this property is built for both smart investors and strategic homeowners. Whether you offset your mortgage by renting one unit or lease both for maximum return, the numbers make sense at this price point—and inventory like this is extremely limited. Each unit is appointed with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, high ceilings, and modern, cohesive design selections that attract quality tenants and support long-term durability. These are standard features, not upgrades—creating immediate value and consistent rental appeal. Clean layouts, natural light, and efficient floor plans make both sides equally desirable, giving you flexibility in how you position the asset. Unlike older duplexes that come with deferred maintenance and surprise expenses, this is brand-new construction delivered turn-key and backed by a 1/2/10 builder's warranty—offering peace of mind and predictable ownership costs from day one. For owner-occupants, it's a strategic way to step into real estate with built-in income. For investors, it's a rare chance to secure new multi-family under $500K in a high-demand rental corridor. Positioned just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, and the new stadium, the location drives consistent demand without relying on speculation. The two-unit townhome is currently under construction and scheduled for completion within 60 days. Photos shown are from another property with the same floor plan and design package and are for illustrative purposes only, accurately reflecting the finishes and quality you can expect upon completion. If you've been waiting for a live/lease opportunity where the price, condition, and location truly alignthis is it.
MLS® Number1528665
Laundry LevelElectric Dryer Hookup, Inside, Washer Hookup
Central VacNo
FireplaceNo
Acreage0
Exterior
GarageNo
Approx. Age2026
Basement
DrivewayOff Street, On Street, Parking Lot, Paved
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 17, 2026List Date
$499,800List Price
  • Commute

Commute

Starting Address
Destination Address
3163 Hodley Avenue, Chattanooga, TN

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