5065 Shoals Lane, Chattanooga, Tennessee 37416

TN, Chattanooga
$315,000
  • Under Contract Status
  • Day 25 Under Contract Contract accepted - open contingencies
  • Residential Income Property Type
  • 1797 Total Sqft $175/sqft
  • 1971 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

Investor Opportunity in Lake Shoals -Duplex on Cul-De-Sac!

Welcome to 5065 Shoals Lane, a fantastic duplex tucked away in the quiet Lake Shoals subdivision just off Highway 58. Located on a spacious 0.37-acre cul-de-sac lot, this property offers privacy, convenience, and strong potential in one of Chattanooga’s growing areas.

With approximately 1,797 total square feet, this duplex features two separate units — one offering 2 bedrooms and 1 full bath, and the other offering 3 bedrooms and 1 full bath — making it ideal for investors or owner-occupants looking to offset their mortgage with rental income.

Recent updates provide peace of mind and added value, including:
• New roof
• New windows
• New flooring
• Sewer line replaced (2020)
• New HVAC condenser

Each unit offers functional layouts with eat-in kitchens, open living spaces, and private yard access. Situated in a quiet community close to the water, this location provides easy access to Highway 58, Harrison Bay, shopping, and dining while maintaining a peaceful neighborhood setting.

Utilities are individually metered

Whether you’re expanding your investment portfolio or looking for a live-in investment opportunity, this duplex checks all the boxes for location, updates, and long-term potential.

Schedule your showing today!

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 3133540
  • Price: $315,000
  • Square Footage: 1,797 Sqft
  • Year Built: 1971
  • Office Name: Greater Downtown Realty dba Keller Williams Realty
  • Agent Name: Sarah Ketterer
  • Property Attached: Yes
  • Roof: Other
  • Listing Status: Active Under Contract
Location Info
  • Street Number: 5065
  • Street: Shoals Lane
  • City Chattanooga
  • State TN
  • Zipcode 37416
  • County Hamilton County, TN
  • Subdivision Lake Shoals
  • Longitude: W86° 50' 54.7''
  • Latitude: N35° 8' 2''
  • Directions: Get on I-24 E from Washington St, US-11 N/US-64 E/E 23rd St and TN-27/Rossville BlvdContinue on I-24 E. Take TN-153 N to TN-58 N. Take exit 5A from TN-153 N Merge onto I-24 EUse the right 2 lanes to take exit 4 to TN-153 N toward Chickamauga Dam.Take exit 5A to TN-58 N toward Decatur Continue on TN-58 N. Take N Hickory Valley Rd to Shoals Ln in Harrison Turn left onto N Hickory Valley Rd Turn right onto Harrison Pike Continue onto Glover Rd Turn left onto Shoals Ln. Destination on right
Features
  • Heating System Electric
  • Cooling System Electric, Ceiling Fan(s)
  • Parking Driveway, Detached
  • Utilities Electricity Available, Water Available
  • Flooring Laminate, Tile
  • Laundry Features Electric Dryer Hookup, Washer Hookup
  • Sewer Septic Tank
Schools
  • Elementary School: Harrison Elementary School
  • Middle School: Brown Middle School
  • High School: Central High School
Additional Info
  • Water Source: Public
  • Building Size: 1,797 Sqft
  • Construction Materials: Other, Brick, Vinyl Siding
  • Levels: Three Or More
  • Lot Size Dimensions: 100X161.3
  • Number Of Units Total: 2
  • On Market Date: February 20th, 2026
  • Previous Price: $315,000
  • Stories: 1
Financial
  • Annual Tax Amount: $1,226
Listing Data
  • Mls Status: Under Contract - Showing
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Feb 24th, 2026 @ 7:56pm
  • Status Change Timestamp: Feb 24th, 2026 @ 7:52pm
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