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(423) 544-7156

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101 W 21st Street
Chattanooga, TN 37408


Office: (855) 261-2233

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  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
  • 1039 E 5th Street
Courtesy of Zach Taylor Chattanooga, Grace Frank Listing Contact: 4232083834 

$650,000

1039 E 5th Street, Chattanooga, TN 37403

  • Sq.Ft.

    2,400

Photos Map Street View
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Property Description

1039 E 5th Street | Historic Charm. Four Doors. A World of Possibilities.
Historic charm meets investment opportunity at 1039 E 5th Street. This distinctive four-unit property offers the flexibility to rent all four residences or occupy one while rental income from the other three offsets your mortgage, subject to existing leases. Current rental income totals $3,370 per month, with estimated market rent potential of $4,400 per month and estimated midterm rental potential of $6,500 per month.
Approximately 95 years old, the property underwent a complete renovation in 2014, including plumbing, electrical, HVAC, and roofing. High ceilings and hardwood floors throughout complement its historic character including operable original windows, original wood trim and doors, and charming transom windows.

A spacious front porch provides an inviting place to unwind, while the quiet front yard features a natural, grass-free landscape. Mature trees create a wooded backyard setting that adds to the property's appeal.

Whether expanding your investment portfolio or seeking an owner-occupied property with multiple rental income streams, this quadruplex combines architectural character with income growth potential. Rental estimates are projections, subject to market conditions, occupancy, furnishings, and operating expenses.

Overview

Open House
11/8/2026 2:00PM - 4:00PM EST
Property Status
For Sale
MLS ID
3632706
Property Type
Residential
Year Built
1930

Features & Amenities

Total Area
2,400 Sq.Ft.
Neighborhood
Chattanooga
Stories
2
Water Source
Public
Utilities
Electricity Available, Water Available
Roof
Other
Parking
Detached, Gravel
Heat Type
Central, Electric, Heat Pump
Air Conditioning
Other
Laundry Room
Electric Dryer Hookup, Washer Hookup
Sewer
Public Sewer
HOA Amenities
Sidewalks
Middle School
Orchard Knob Middle School
High School
Howard School Of Academics Technology
Sales Price
$650,000
Real Estate Tax
$7,938/yr

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1039 E 5th Street

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Grace Frank Group

(423) 544-7156

101 W 21st Street Chattanooga, TN 37408

Office: (855) 261-2233

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By providing your contact information to Grace Frank, your personal information will be processed in accordance with Grace Frank's Privacy Policy. By checking the box(es) below, you consent to receive communications regarding your real estate inquiries and related marketing and promotional updates in the manner selected by you. For SMS text messages, message frequency varies. Message and data rates may apply. You may opt out of receiving further communications from Grace Frank at any time. To opt out of receiving SMS text messages, reply STOP to unsubscribe.

Get in Touch

Grace Frank Group

(423) 544-7156

101 W 21st Street Chattanooga, TN 37408

Office: (855) 261-2233