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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