$198,000

1400 Dodson Avenue, Chattanooga, TN 37404

4 beds |
3 baths |
2,256 sqft

Single-Family Home
Built in 1920
0.25acre lot
—— car garage
$88/sqft
Listed 1 month ago

Property Description

FOR SALE AS IS- VALUE-ADD INVESTMENT OPPORTUNITY: Rare opportunity to acquire a value-add investment property with built-in income potential. This 4-bedroom, 3 bath home with approximately 2259 sq ft is already seperately metered for two units andoffers the potential to be reconfigured into a 5-bedroom residence OR a 3-unit rental, making it an ideal project for investors seeking strong returns. The main level features 2 bedrooms, 2 baths, 2 separate living areas, a formal dining room and a den, allowing flexible reconfiguration and additional bedroom or unit potential. The attached upper-level suite includes two bedrooms, one bathroom, a living room and laundry hookups, making it well suited for a long-term rental, short-term rental or a mother in law suite. Additional highlights include a crawl space foundation, onsite covered parking and a charming covered front porch with stone accents-adding curb appeal that enhances resale or rental value. While the property requires renovation, it represents a true value-add opportunity with multiple exit strategies; renovate and resell, hold as a multi-unit rental, or convert into a 3-unit income producing asset. Buyer to verify all information.

Listing Status:: Pending
Date Added:: February 5, 2026
Data Last Updated:: February 17, 2026 at 4:37PM
Listing Office:: Keller Williams Realty : 423-664-1600
MLS ID:: 1525915

General: BookcasesIn-Law Floorplan
Appliances: Electric RangeOvenRefrigeratorWater Heater
Laundry: Inside
A/C: Window Unit(s)
Heating: Wall Furnace

General: Private YardRain Gutters
Style: A-Frame
Pool: None
Parking: Driveway

Roofing: Shingle
General: StoneWood SidingBlock

Road/Access: Concrete
Originating MLS: Greater Chattanooga REALTORS®
County: Hamilton

Zoning: LTS 1&2 BLK 5 ARLINGTON HGTS ADDN P B 5 PG 21136m E 014

Utilities: Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: Greater Chattanooga REALTORS®

This listing courtesy of Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hardy Elementary School

2100 Glass St, Chattanooga, TN, 37406

Grades PK-5

0.71 miles away

Orchard Knob Middle School

500 N Highland Park Ave, Chattanooga, TN, 37404

Grades 6-8

1.05 miles away

Brainerd High School

1020 N Moore Rd, Chattanooga, TN, 37411

Grades 9-12

2.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.