Active

502 Oliver Street

Chattanooga TN, 37405

$800,000


$242.57 per sqft

Active

6 Beds

4 Baths

3,298 sqft

Residential

Built in 2019

Stunning 6-Bedroom Home with Income-Producing Basement - Prime Location!
Discover urban living at its finest in this beautifully designed 6-bedroom, 3.5-bathroom home, just blocks from Frazier Avenue, the Walnut Street Pedestrian Bridge, Coolidge Park, and the Tennessee River. With an open floor plan, multiple decks, and a charming covered front porch, this home offers both comfort and convenience in one of the city's most desirable locations.
Step inside to find a spacious main level featuring a seamless flow between the living, dining, and kitchen areas--perfect for entertaining. Upstairs, generously sized bedrooms provide ample space for family and guests.
But the true gem of this property is the full finished basement, complete with a private entrance, full kitchen, bedroom, bathroom, laundry area, and open living/dining space. Currently used as a successful Airbnb rental, this space offers an incredible opportunity for extra income or multi-generational living.
Eco-Friendly, Certified RainSmart Yard!
This home features a certified RainSmart yard, a distinction awarded to residents who implement improvements to manage stormwater and support native plants. With approximately 300 gallons of rainwater capture and an abundance of native plants throughout the yard, this property is both beautiful and environmentally responsible.
Additionally, sellers received Chattanooga SupportScapes funding to remove invasive species in the backyard and replace them with native shrubs, trees, and flowering plants, further enhancing the landscape while supporting local ecosystems.

Parking & Additional Features
2-car garage plus off-street parking for two more vehicles. Thoughtfully landscaped yard designed for sustainability. Prime location in the heart of the city
Don't miss your chance to own this exceptional home that blends modern convenience, income potential, and eco-conscious living in an unbeatable location.

1508177

MLS ID

February 27, 2025

Listed

March 13, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

4


Full Bathrooms

3


Half Bathrooms

1


Interior Features

Beamed Ceilings, Breakfast Nook, Eat-in Kitchen, Separate Shower, Tub/shower Combo, Walk-In Closet(s)


Appliances

Water Heater, Microwave, Electric Water Heater, Electric Oven, Disposal, Dishwasher, Built-In Gas Range


Laundry Description

In Basement, In Bathroom, Laundry Room, Lower Level, Main Level


Floor Description

Carpet, Ceramic Tile, Hardwood


Fireplace

Yes


Fireplace Description

Family Room, Gas Log


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Central, Electric


Basement

Yes

Exterior/Building Features

Lot Size

0.43 Acres


Exterior Features

Private Entrance, Rain Gutters


Lot Features

Front Yard, Gentle Sloping, Landscaped, Sloped


Architectural Style

Other


Roof

Asphalt, Shingle

School Information

High School

Red Bank High School


Elementary School

Normal Park Elementary

Other Property Details

Area Name

Chattanooga


Taxes

$6,536


Tax Frequency

Annually


Garage

Yes


Garage Spaces

2


Parking

Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Off Street, On Street


View

No


County

Hamilton


Water Source

Public


Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities

Listing History

Date

Event

Price

3/11/2025

Price change

$800,000

-4%

 

Courtesy of Crye-Leike, REALTORS

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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