1508 Bailey Ave, Chattanooga, TN 37404
SOLDSEP 5, 2023

1508 Bailey Ave
Chattanooga, TN 37404

Highland Park
  • 6 Beds
  • 5 Baths
  • 2,956 sqft
  • 6 Beds
  • 5 Baths
  • 2,956 sqft

$635,000

Last Sold: Sep 5, 2023
5% below list $665K
$215/sqft
Est. Refi. Payment $3,750/mo*

Homes for Sale Near 1508 Bailey Ave

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 06, 2023
AMAZING Investment Opportunity! This beautifully updated tri-plex is located in the Highland Park community and is just minutes to downtown, parks, restaurants, shopping and hospitals. Unit A features a living room, kitchen, 2 bedrooms and 2 bath. Unit B is on the 2nd level with hardwood floors and an open floor plan. This unit has a living room, kitchen, dining area, owner's suite with private bath, 2 additional bedrooms and full bath. Unit C is a 1 bedroom, 1 bath studio apartment. All units are empty and hold the potential for a great investment opportunity! There is plenty of off street parking. Make your appointment for your private showing today.

Home Highlights

Parking
No Info
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$215/sqft
Listed
180+ days ago

Home Details for 1508 Bailey Ave

Interior Features

Interior Details
Basement: Crawl Space
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 5Number of Bathrooms (full): 5
Dimensions and Layout
Living Area: 2956 Square Feet
Appliances & Utilities
Appliances: Microwave, Oven/RangeMicrowave
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Levels, Entrance, & Accessibility
Stories: 2Levels: Two

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck/Patio
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Off Street

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Construction Materials: SidingAttached To Another StructureDoes Not Include Home Warranty

Price & Status

Price
List Price: $665,000Price Per Sqft: $215/sqft
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: ChattanoogaCommunity: Highland Park #2
School Information
Elementary School: Orchard Knob ElementaryJr High / Middle School: Orchard Knob MiddleHigh School: Howard School of Academics & Tech

Building

Building Area
Building Area: 2956 Square Feet

Community

Community Features: None

Lot Information

Lot Area: 0.15 Acres

Listing Info

Special Conditions: Investor

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Owner Pays: None

Miscellaneous

Mls Number: 1376939

Additional Information

None
Last check for updates: about 8 hours ago
Listed by Mark W Hite, (423) 667-2459
Real Estate Partners Chattanooga LLC
Bought with: David Hanson, (423) 599-9907, EXP Realty, LLC
Source: Greater Chattanooga Realtors, MLS#1376939

Price History for 1508 Bailey Ave

DatePriceEventSource
09/05/2023$635,000Sold
Greater Chattanooga Realtors #1376939
07/27/2023$665,000ContingentGreater Chattanooga Realtors #1376939
07/11/2023$665,000PriceChange
Greater Chattanooga Realtors #1372267
06/19/2023$699,000PendingToActiveGreater Chattanooga Realtors #1372267
05/12/2023$725,000ContingentGreater Chattanooga Realtors #1372267
04/24/2023$725,000Listed For SaleRealTracs MLS as distributed by MLS GRID #2510928
10/02/1995$17,000Sold
N/A

Property Taxes and Assessment

Year2022
Tax$1,278
Assessment$142,800
Home facts updated by county records

Comparable Sales for 1508 Bailey Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.52
Multi-Family Home
$569,700
04/03/24
6
6
3,324
0.49
Multi-Family Home
$324,000
05/12/23
6
4
1,792
0.86
Multi-Family Home
$565,000
08/31/23
6
6
2,500
0.47
Multi-Family Home
$253,437
07/05/23
3
3
1,339
0.58
Multi-Family Home
$150,000
08/31/23
5
2
1,642
0.47
Multi-Family Home
$236,000
04/17/24
4
2
1,572
1.03
Multi-Family Home
$525,000
06/29/23
4
4
2,335
0.84
Multi-Family Home
$325,000
06/23/23
4
4
2,688
0.85
Multi-Family Home
$565,000
08/31/23
6
-
2,500

Assigned Schools

These are the assigned schools for 1508 Bailey Ave.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Highland Park

  • Trulia User
    "only halloween and personal events like birthday party or Christmas when the my family or friends come over nobody has complain "
    0
    Flag
  • Trulia User
    "It’s just beautiful I love it love my neighbors they are the nicest I have had so far they are very helpful "
    0
    Flag
  • Angela R.
    "The commute is good and Highland Park is the first neighborhood to go thru Gentrification! Is is a nice area close to downtown and the interstate as well! Kid friendly and a wide variety of homes as well as a cultural diversified setting"
    1
    Flag
  • Gayla M. A.
    "dogs are welcome here! just pick up after them. chattanooga is great for puppos! its awesome and my dog has really enjoyed it here"
    1
    Flag
  • Victoria.stusek
    "Many parts of HP hold block parties for the neighborhood throughout the summer, and there are plenty of parks and soccer fields that bring the community youth together!"
    1
    Flag
  • Stacey S.
    "The new houses built and the quietness of the neighborhood. All the neighbors speak when they walk their dogs. "
    4
    Flag
  • Matt S.
    "Highland Park is a wonderful neighborhood. With it being an urban neighborhood close to downtown there are lot of people who walk and bike every where. Highland Park has an active neighborhood association that helps to promote the health and well being of all the neighbors. There are a number of parks in the neighborhood. Every street has side walks. The neighborhood is full of families, young professionals, seasoned adults, students, artists, and pretty much everything in between."
    7
    Flag
  • Christiner M.
    "I love my neighborhood. I wish it was more houses for rent in this neighborhood. This is a place where be forever."
    1
    Flag
  • senor t.
    "It’s a diverse progressive neighborhood. There are soccer fields and a church campus with charter schools at the heart of the neighborhood."
    3
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Zillow, Inc. does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited
Copyright© 2024 by Chattanooga Association of REALTORS®
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 1508 Bailey Ave

Off Market Homes Near 1508 Bailey Ave

1508 Bailey Ave, Chattanooga, TN 37404 is a 6 bedroom, 5 bathroom, 2,956 sqft multi-family built in 1920. 1508 Bailey Ave is located in Highland Park, Chattanooga. This property is not currently available for sale. 1508 Bailey Ave was last sold on Sep 5, 2023 for $635,000 (5% lower than the asking price of $665,000).