859 Wheeler Avenue, Chattanooga, Tennessee 37406

TN, Chattanooga
$122,000
  • Under Contract Status
  • Day 5 Under Contract Contract accepted - open contingencies
  • Residential Property Type
  • 2 Beds Total Bedrooms
  • 1 Baths Full + Half Bathrooms
  • 840 Total Sqft $145/sqft
  • 0.17 Acres Lot/Land Size
  • 1947 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
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*

Property Details
  • Property Type: Residential
  • Listing Type: For Sale
  • MLS #: 3242463
  • Price: $122,000
  • Full Bathrooms: 1
  • Square Footage: 840 Sqft
  • Year Built: 1947
  • Lot Area: 0.17 Acre
  • Office Name: Re/Max Renaissance
  • Agent Name: Carter Roberson
  • Property Sub Type: Single Family Residence
  • Roof: Asphalt
  • Listing Status: Active Under Contract
Location Info
  • Street Number: 859
  • Street: Wheeler Avenue
  • City Chattanooga
  • State TN
  • Zipcode 37406
  • County Hamilton County, TN
  • Subdivision Missionary Heights
  • Longitude: W86° 44' 17.4''
  • Latitude: N35° 2' 40.7''
  • Directions: Head southeast on McCallie Avenue toward N Holtzclaw Ave. Turn left onto N Orchard Knob Ave. Turn right onto Citico Ave. Turn left onto Wheeler Ave. In 0.1 miles arrive at 859 Wheeler Avenue on your left.
Features
  • Heating System Central
  • Cooling System Central Air
  • Basement Crawl Space
  • Parking Detached
  • Utilities Water Available
  • Flooring Vinyl
  • Interior Features Open Floorplan
  • Sewer Public Sewer
Appliances
  • Refrigerator
  • Electric Range
Schools
  • Elementary School: Orchard Knob Elementary School
  • Middle School: Orchard Knob Middle School
  • High School: Brainerd High School
Additional Info
  • Water Source: Public
  • Building Size: 840 Sqft
  • Construction Materials: Other
  • Foundation Details: Block
  • Levels: Three Or More
  • Lot Features: Level
  • Lot Size Dimensions: 50X146.75
  • On Market Date: June 13th, 2026
  • Previous Price: $122,000
  • Stories: 1
Financial
  • Annual Tax Amount: $630
Listing Data
  • Mls Status: Under Contract - Showing
  • Originating System Name: RealTracs
  • Modification Timestamp: Jun 15th, 2026 @ 5:02pm
  • Status Change Timestamp: Jun 15th, 2026 @ 5:00pm
mls grid

MLS Source Origin Disclaimer

The data relating to real estate for sale on this website appears in part through an MLS API system, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Cribz participates, and is provided by local multiple listing services through a licensing agreement. The originating system name of the MLS provider is shown in the listing information on each listing page. Real estate listings held by brokerage firms other than Cribz contain detailed information about them, including the name of the listing brokers. All information is 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 Cribz shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless.

IDX information is provided exclusively for consumers’ personal non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to the contact page of this website.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number, and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Back to top