857 Wheeler Avenue, Chattanooga, TN 37406

• 2 beds |
• 1 bath |
• 859 sqft

Property Description

*Package Deal Opportunity: Two Homes Right Next to Each Other for Less Than $250,000* Rare opportunity to purchase one or both of these neighboring investment properties at 857 and 859 Wheeler Ave. Priced at just $122,000 each, these homes offer investors, landlords, and value minded buyers an excellent opportunity in a convenient Chattanooga location. Both properties are currently tenant occupied with tenants in place for the next several months, providing immediate rental income potential for the next owner. Located just minutes from Erlanger Hospital, UTC, downtown Chattanooga, shopping, dining, and major employers, these homes are positioned in an area with strong rental demand. Both homes were extensively renovated by a previous owner prior to the current owner's purchase. Since acquiring the properties, the current owner has also completed crawl space encapsulations on both homes, providing added peace of mind and helping reduce future maintenance concerns. Whether you are looking to add to your rental portfolio, purchase your first investment property, or take advantage of the opportunity to own two homes side by side, this is a unique offering at an attractive price point. Opportunities like this are becoming harder to find. No showings will be permitted until an accepted contract is in place. Please do not disturb tenants.

Listing Status:

Pending

Date Added:

June 13, 2026

Data Last Updated:

June 24, 2026 at 12:39PM

Listing Office:

RE/MAX Renaissance Realtors : 423-756-5700

MLS ID:

1536731

Interior

• General: Open FloorplanPrimary DownstairsTub/shower Combo
• Appliances: Electric RangeElectric Water HeaterRefrigerator
• Laundry: Electric Dryer HookupGas Dryer HookupLaundry RoomWasher Hookup
• Basement: Crawl Space
• Flooring: Vinyl
• A/C: Window Unit(s)
• Heating: None

Exterior

• General: Private Yard
• Parking: Driveway

Construction

• Roofing: Shingle
• General: BrickOtherOneBlock

Location

• Originating MLS: Greater Chattanooga REALTORS®
• County: Hamilton

Lot

• Zoning: Lt 6 Blk 3 Missionary Heights Pb 5 Pg 29146d F 007

Utilities

• Utilities: Cable AvailableElectricity AvailablePhone AvailableSewer Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Greater Chattanooga REALTORS®