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859 Wheeler Avenue, 
Chattanooga, TN 37406

$122,000


2

Beds


1

Bath


840

Sq Ft


Single Family

Active

Listed by

Carter Roberson

RE/MAX Renaissance Realtors

423-756-5700

Last updated:

July 8, 2026, 03:47 PM

MLS#

1536732

Source:

TN CAR

About This Home

859 Wheeler Avenue

*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*

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1947

Price Summary

122,000

$145 per Sq. Ft.

MLS #:

1536732

Last Updated:

July 8, 2026, 03:47 PM

Added:

25 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

840 Sq. Ft.


Structure

Structure

Building Area:

840 Sq. Ft.

Year Built:

1947


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$122,000

Price per Sq. Ft:

$145 per Sq. Ft.

Source:TN CAR
The information being provided by Greater Chattanooga Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Chattanooga Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.