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4623 Hodley Avenue

Chattanooga, TN 37410
  • $499,700
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 1532068
Open House
UPDATED: 44 min ago
$499,700
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,240
    SQFT
  • $223
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2026
County:
Area:

School Information

Elementary School:
Middle School:

Description

Live in one side. Lease the other. Build equity while generating income - and just minutes from downtown Chattanooga. Opportunities like this are incredibly rare: a brand-new 2-unit townhome that gives you the flexibility to house-hack, expand your portfolio, or secure a low-maintenance investment in one of the city's fastest-growing areas. Located in Somerville Cottages, a thoughtfully designed and steadily expanding community in South Chattanooga, this property is built for both smart investors and strategic homeowners. Whether you offset your mortgage by renting one unit or lease both for maximum return, the numbers make sense at this price point--and inventory like this is extremely limited. Each unit is appointed with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, high ceilings, and modern, cohesive design selections that attract quality tenants and support long-term durability. These are standard features, not upgrades--creating immediate value and consistent rental appeal. Clean layouts, natural light, and efficient floor plans make both sides equally desirable, giving you flexibility in how you position the asset. Unlike older duplexes that come with deferred maintenance and surprise expenses, this is brand-new construction delivered turn-key and backed by a 1/2/10 builder's warranty--offering peace of mind and predictable ownership costs from day one. For owner-occupants, it's a strategic way to step into real estate with built-in income. For investors, it's a rare chance to secure new multi-family at this price in a high-demand rental corridor with some of the most growth potential in all of Chattanooga. Positioned just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, and the new stadium, the location drives consistent demand without relying on speculation.

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www.thehollisgroup.com/homes/174937238
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4623 Hodley Avenue Chattanooga, TN 37410

  • Price: $499,700
  • Status: Active
  • On Site: 3 Days
  • Updated: 44 min ago
  • MLS #: 1532068
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,240
SQFT
$223
$/SQFT
2026
Built
Neighborhood:
Somerville Cottages
County:
Hamilton
Area:
Chattanooga
Elementary School:
Donaldson Elementary
Middle School:
Orchard Knob Middle
High School:
Howard School Of Academics & Tech
Property Description
Live in one side. Lease the other. Build equity while generating income - and just minutes from downtown Chattanooga. Opportunities like this are incredibly rare: a brand-new 2-unit townhome that gives you the flexibility to house-hack, expand your portfolio, or secure a low-maintenance investment in one of the city's fastest-growing areas. Located in Somerville Cottages, a thoughtfully designed and steadily expanding community in South Chattanooga, this property is built for both smart investors and strategic homeowners. Whether you offset your mortgage by renting one unit or lease both for maximum return, the numbers make sense at this price point--and inventory like this is extremely limited. Each unit is appointed with quartz countertops, full appliance packages, luxury vinyl plank flooring throughout, high ceilings, and modern, cohesive design selections that attract quality tenants and support long-term durability. These are standard features, not upgrades--creating immediate value and consistent rental appeal. Clean layouts, natural light, and efficient floor plans make both sides equally desirable, giving you flexibility in how you position the asset. Unlike older duplexes that come with deferred maintenance and surprise expenses, this is brand-new construction delivered turn-key and backed by a 1/2/10 builder's warranty--offering peace of mind and predictable ownership costs from day one. For owner-occupants, it's a strategic way to step into real estate with built-in income. For investors, it's a rare chance to secure new multi-family at this price in a high-demand rental corridor with some of the most growth potential in all of Chattanooga. Positioned just minutes from downtown, Main Street, St. Elmo, Broad Street, Publix, and the new stadium, the location drives consistent demand without relying on speculation.
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials HardiPlank Type Exterior Features LightingRain Gutters Exterior Features Lighting Yes Fencing Partial Foundation Details Slab Lot Features [] Other Structures [] Parking Features Off StreetOn StreetParking LotPaved Patio And Porch Features Patio Pool Features [] Roof Shingle Roof Shingle Yes Structure Type [] View [] View YN No Waterfront Features [] Waterfront YN No

Interior Features

Accessibility Features [] Appliances MicrowaveElectric Water HeaterElectric RangeElectric OvenDisposalDishwasher Basement [] Basement YN No Building Area Total 2240 Cooling Electric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Luxury Vinyl Heating CentralElectric Heating YN Yes Interior Features Breakfast NookHigh CeilingsHigh Speed InternetKitchen IslandOpen FloorplanPantryWalk-In Closet(s) Laundry Features Electric Dryer HookupInsideWasher Hookup Levels [] Window Features []

Property Features

Association Amenities LandscapingParking Association Fee 100 Association Fee Frequency Monthly Association YN2 Yes Auction YN2 No Community Features SidewalksOther Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHA New Construction YN Yes Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 0 Utilities Electricity ConnectedWater ConnectedUnderground Utilities Utilities Underground Utilities Yes Water Source Public

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Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Rogue Real Estate Company llc: 423-715-0075.



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Cassie King | Realtor® | Better Homes and Gardens Signature Brokers
3326 St. Elmo Avenue
Chattanooga TN, 37408