#1512225, Listing office: Real Estate Partners Chattanooga LLC
151 W Ridgewood Ave Chattanooga, TN 37415
Property details
About 151 W Ridgewood Ave
Great investment opportunity. Property has 2 dwellings. 1 single family and 1 duplex. All units have long term tenants (approx 10+ years) and are rented below market. Fair market rents for all are approx $5000 monthly. Currently getting $2300. No showings until contract negotiated. House is 4 bed 1.5 baths with garage. Duplex units are 2 bed 1 bath with garages.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Refrigerator, Electric Range
- Basement: Yes
- Flooring Type: Carpet, Hardwood
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: No
- Parking: Driveway, Garage
- Exterior: Gutters, Porch
- Heating: Central, Natural Gas
- Cooling: Central Air, Electric
- List Price: $540,000
- Price/SqFt: $385
- Annual Tax Amount: $3,738
- Tax Year: 2023
- Lot: Sloped
- Directions: Dayton Blvd N. L W Ridgewood, property on R
- Year Built: 1970
- Stories: 2
- Living Area: 1,400 SqFt
- Lot Size: 0.47 Acres
- MLS Number: 1514272
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: United Real Estate Experts
- Office Phone: (423) 771-7611
- Office Email: office@unitedchattanooga.com
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/11/2025, 9:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$540,000
151 W Ridgewood Ave
$6,413
closing credit¹
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Price information
Property sales
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Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $93,900 | $3,738 |
2022 | $93,900 | $3,173 |
2021 | $93,900 | $3,365 |
2020 | $66,420 | $3,365 |
2019 | $66,420 | $2,987 |
2017 | $66,420 | $2,850 |
History based on county public records data.
Nearby schools
4
Red Bank Elementary School
Public District PK-5
1.4 mi
•1100 Mountain Creek Rd
5
Rivermont Elementary School
Public District PK-5
2.2 mi
•3330 Hixson Pike
5
Chattanooga School for The Arts and Science Lower School
Public Magnet KG-5
3.1 mi
•865 E 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,827. Typical income of Chattanooga, TN residents is less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
Frequently asked questions
Living in Chattanooga, TN
Chattanooga's transportation infrastructure includes a mix of public transit options and well-maintained roads and highways that facilitate travel within the city and to surrounding areas. The public transit system provides connectivity across neighborhoods, with schedules designed to accommodate commuters and residents. The city is also bike-friendly, with dedicated lanes and trails that encourage cycling as a mode of transport. Efforts to improve transport efficiency and accessibility are ongoing, reflecting Chattanooga's dedication to a sustainable and connected urban environment.
The community benefits from a robust educational system, with numerous public and private schools, as well as higher education institutions that contribute to the city's intellectual environment. Healthcare facilities in Chattanooga are comprehensive, offering a range of services from primary care to specialized treatments. The city also features a network of public libraries and a variety of retail and dining options that reflect the local culture. Initiatives to enhance services, particularly in response to demographic shifts, are a testament to the city's commitment to meeting the needs of its residents.
Chattanooga is celebrated for its vibrant community spirit and scenic beauty, nestled along the Tennessee River and surrounded by mountains. The city prides itself on its outdoor recreational opportunities, including world-class rock climbing, hiking, and water sports. Cultural events and festivals throughout the year showcase the city's diverse heritage and foster a strong sense of community among residents.
Chattanooga's housing market offers a diverse array of options, with single-family homes being a significant presence. Architectural styles range from historic Victorian and Tudor homes to contemporary new constructions. The market is dynamic, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the exact composition of the housing market can vary, there is a healthy balance between homeownership and rental opportunities, accommodating a variety of lifestyle needs.
About 151 W Ridgewood Ave
The listing price of 151 W Ridgewood Ave property is $540,000.
The property 151 W Ridgewood Ave is a house located in Chattanooga, Tennessee, 37415.
Active Listing: 151 W Ridgewood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 151 W Ridgewood Ave are: Red Bank Elementary School (GreatSchools Rating 4/10), Rivermont Elementary School (GreatSchools Rating 5/10), Chattanooga School for The Arts and Science Lower School (GreatSchools Rating 5/10), Normal Park Museum Magnet School (GreatSchools Rating 6/10), Red Bank Middle School (GreatSchools Rating 3/10), Orchard Knob Middle School (GreatSchools Rating 4/10), Chatt High Center for Creative Arts (GreatSchools Rating 9/10), Red Bank High School (GreatSchools Rating 4/10), Chattanooga School for The Arts and Science Upper School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $3,738 (source: MLS/based on county public records data).
The property at 151 W Ridgewood Ave has 4 bedrooms and 1 full and 1 half bathrooms.
The property 151 W Ridgewood Ave is 1,400 SqFt (source: MLS/tax record).
The year of construction for 151 W Ridgewood Ave is 1970.
This home is located at 151 W Ridgewood Ave in Chattanooga, TN and zip code 37415. This 1,400 square foot home, which was built in 1970, sits on a 0.47 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 6, 2025 and is currently priced at $540,000.
Over 98 listings were sold over their listed price in May 2025 in Chattanooga, TN. In the same period over 183 listings were sold below the listed price and 123 listings were sold for the listed price. The inventory of homes for sale in Chattanooga, TN between April and May 2025 did not move. Listings spent 37 days on the market in May 2025, and had a median list price of $336,380 during the same period.