New

$325,000

For Sale

A day ago

6314 Fisk Ave, Chattanooga, TN

Name: 6314 Fisk Ave, For Sale in Chattanooga - eXp Realty
Brand: Keller Williams Realty
SKU: 1538168
Price: 325000 USD

House

MLS® 1538168

7 Bed

3 Bath

2497 sqft

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2497 sqft

Garage

Taxes $6,351

Days Active 0

Lot Size 0.3198 Acres

Approx. Age 1971

Avg. Price Per Sqft $130

MLS® Number 1538168

Property Address: 6314 Fisk Ave, Chattanooga, TN, 37421-2312

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

Description

Welcome to 6314 Fisk Ave - a very rare opportunity to exceed the 1% rule! This recently renovated triplex features three separately metered units with an excellent rental history. When fully occupied just recently, gross rents totaled $3, 261/month, exceeding the 1% rule with room to push rents even higher. This investment includes two 2-bedroom, 1-bathroom units just under 800 square feet each, as well as a spacious 3-bedroom, 1-bathroom unit offering approximately 1, 000 square feet of living space. Here's where the flexibility comes in: Unit B was just freshly renovated and is vacant, and Unit A (currently rented at $1, 376/month) will be vacant at closing and renovated to match Unit B's condition prior to Closing, as reflected in the photos. The seller intentionally created this setup to give buyers freedom - owner occupants can move right in and let the other units help pay the mortgage, while investors can hand-pick two of their own tenants at market rents. Unit C, the larger downstairs unit with its own 2 car garage and private entrance at the back of the property, is home to an outstanding long-term tenant currently paying $1, 010/month, providing immediate income from day one. The property had a new roof installed just 6 years ago, and also features newer siding. Each unit is equipped with in-unit laundry and features durable LVP flooring throughout for a modern look with minimal upkeep. Situated in a quiet residential neighborhood with easy access to Highway 153, this location provides quick connectivity to downtown Chattanooga, Volkswagen, Amazon, and other major employers - making it attractive to renters year-round. Whether you're an owner occupant looking to house hack, an investor seeking a stable income-producing asset, 6314 Fisk Ave delivers both strong returns and long-term upside. Only Unit B is currently availabe for showings, other units can be viewed with acceptable offer. Unit C garage door will be replaced prior to Closing.

MLS® Number1538168

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1971

Basement

DrivewayOff Street

Garage Spaces

HeatCentral

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 6, 2026List Date

$325,000List Price

Commute

Commute

Starting Address

Destination Address

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