859 Wheeler Avenue

Chattanooga TN 37406

840 sq. ft.

0.17 ac.

Single-Family

Last sold for $110,000

Carter Roberson, last sold this property on 10 August 2026 after 57 days on market.

Overview

*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*

Features

2 bedrooms

1 bathroom

840 sq. ft. floor area

0.17 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Chattanooga over the last 12 months, the estimated median property value of 859 Wheeler Avenue is $115k.

Median value

$115k

Estimated value range

$32k - $205k

Median days on market

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chattanooga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 859 Wheeler Avenue

2026

Sold

$110,000

10 Aug 2026 by Carter Roberson, of RE/MAX Renaissance

2022

Sold

$75,000

12 Aug 2022 by Lisa Paller, of Working Moms Realty LLC

Happy sellers in Chattanooga

We have insufficient information to provide an overview of customer satisfaction for Chattanooga. Viewing the agent profiles, reviews and sales for Chattanooga can provide insights for this location.