36003700 Hodley Avenue Chattanooga, TN 37410
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $250
Subdivision Somerville Cottages
MLS Listing ID 3596914
HOA Fees $100/mo
HOA Y/N Yes
Year Built 2026
Property Description
Located in the growing Somerville Cottages community in South Chattanooga, this newly constructed two-unit townhome offers multiple ways to generate income, reduce housing costs, and build equity. Owner-occupants can offset their mortgage by leasing one side while enjoying the benefits of homeownership. Investors can add a turnkey asset to their portfolio in an area experiencing significant growth and strong rental demand. The flexible layout also creates opportunities for multi-generational living, roommates, or shared ownership arrangements.
What truly sets this property apart is the combination of income potential and peace of mind. Unlike older duplexes that often require immediate repairs, ongoing maintenance, or costly capital improvements, this property is brand new and backed by a 1/2/10 builder's warranty. That means predictable ownership costs, reduced maintenance concerns, and the ability to focus on maximizing the property's potential rather than budgeting for unexpected expenses.
Each unit is thoughtfully finished with quartz countertops, a complete appliance package, luxury vinyl plank flooring throughout, high ceilings, and modern design selections that appeal to today's renters and homeowners alike. Durable materials, efficient floor plans, and cohesive finishes help support long-term rental appeal while minimizing upkeep.
South Chattanooga continues to see substantial investment and development, attracting both residents and investors seeking proximity to the city's most popular destinations. Located just minutes from Downtown Chattanooga, Main Street, St. Elmo, Broad Street, Publix, and the new stadium district, this location offers the accessibility, convenience, and lifestyle amenities that help drive consistent housing demand.
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Electric
Flooring Carpet, Other
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
Amenities Available Sidewalks
View Y/N false
Roof Type Other
Private Pool false
Building
Sewer Public Sewer
Water Public
Structure Type Other
New Construction true
Schools
Elementary Schools Calvin Donaldson Elementary
Middle Schools Orchard Knob Middle School
High Schools Howard School Of Academics Technology
Others
HOA Fee Include Maintenance Grounds
Senior Community false
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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