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4 Beds
2 Baths
1,470 sqft

$199,900

4511 Balcomb Street, Chattanooga TN, 37409

Price per sqft$135.99
Built in1940
Property size1,470 sqft
Property typeResidential
Courtesy of Michael Burge, Southern Property Shop,423-777-6453

Overview

Active

Listed Sep 16, 2026

Updated 3 days ago

St. Elmo, and an investor special - both true at once, which is the opportunity. Here is the interesting part. This reads as a duplex that somebody converted into a single-family home, and taking it back looks like closing off one doorway. Two rentable doors in St. Elmo is a different conversation than one, and most of that work appears to have been done already, in the wrong direction. It needs work regardless. It is a fixer and there is no point pretending otherwise - ceilings are open to the joists in places, floors are down to the boards - so come with a budget and a contractor rather than a paint roller. What you are buying is the address and the footprint, in a neighborhood where people wait for something to come up. As a rental it takes care of itself. This is a part of town where tenants want to be and stay, close to the shops and restaurants on the avenue and the trailheads on the mountain behind it. Bring your own numbers. Sold as-is. Buyer to verify any conversion with the county.

$1,330/mo

Est. mortgage payment based on a $199,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1542765

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.32 Acres

Other Property Details

Taxes
$2,483
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Michael Burge, Southern Property Shop,423-777-6453 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lawrence Team Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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