$6,353 Closing Credit¹
#1502846, Listing Office: Keller Williams Realty
$550,000 List price
518 Forest Ave Chattanooga, TN 37405
$6,531
Closing credit¹
3 beds
3 full
2,236 sqft
0.2 acres
$246 / sqft
House
Property details
About 518 Forest Ave
WATCH VIDEO: https://youtu.be/RDw2e8W7Wu4 - Make your mark on North Chattanooga! Zoned for award winning Normal Park Schools, this 3 bed, 3 bath home offers a RARE opportunity to CUSTOMIZE or restore to original beauty. WALKABLE to Frazier Ave, Coolidge Park, Walnut Street Walking Bridge, and within minutes to vibrant Downtown Chattanooga. Enjoy this location to the Scenic City's finest restaurants, shopping, and cultural attractions. The desirable wraparound porch is perfect for enjoying the showstopping Lookout Mountain and Tennessee River VIEWS. Tailor this home to meet your dream home with FIVE original FIREPLACES, heart pine hardwood floors, generously-sized rooms, natural light, and high ceilings. Main level living with finished attic has been thoughtfully converted into an additional bedroom suite. Detached garage adds valuable storage space and parking convenience. The North Chattanooga neighborhood hosts tree-lined streets and inviting charm, ideal for evening strolls or morning jogs. You'll find yourself within walking distance to local coffee shops, boutiques, and parks--embodying quiet residential living with in-town convenience. 518 Forest Avenue's combination of original features, comfortable living spaces, canvas for your personal touch, and prime location is worth your consideration. (Buyer to verify square footage. Some images may be virtually staged. Buyer is responsible to do their due diligence to verify that all information is correct, accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Under Contract - Showing)
(Under Contract - Showing)
CoolingCentral Air, Electric
Size2,236 sqft
Lot size0.2 Acres
Year built1908
ParkingDetached, Driveway
MLS #2778716
Garage2 spaces
Virtual tour
Summary
- Full Bathrooms: 3
- Appliances: Cooktop, Dishwasher
- Flooring Type: Wood, Tile
- Interior: Bookcases, Ceiling Fan(s), Walk-In Closet(s), Primary Bedroom Main Floor
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Private Pool: No
- Parking: Detached, Driveway
- Heating: Central
- Cooling: Central Air, Electric
- List Price: $550,000
- Price/SqFt: $245
- Annual Tax Amount: $1,803
- Tax Year: 2023
- Lot: Level, Other
- Directions: From Downtown Chattanooga: take Market Street bridge to Northshore. Turn R on Frazier Ave. L on Forest Ave. Home on the Right.
- Year Built: 1908
- Living Area: 2,236 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 2778716
- MLS Name: REALTRAC
- Office Name: Greater Downtown Realty dba Keller Williams Realty
- Listing Agent: Todd Henon
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 4:18:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$550,000
518 Forest Ave
$6,531
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 09, 1999 | Home Sold | $167,500 |
| Feb 21, 1995 | Home Sold | $107,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $80,600 | $1,803 |
| 2022 | $80,600 | $1,803 |
| 2021 | $80,600 | $3,800 |
| 2020 | $64,000 | $3,783 |
| 2019 | $64,000 | $1,769 |
| 2017 | $64,000 | $1,769 |
History based on county public records data.
Nearby schools
5
Chattanooga School for The Arts and Science Lower School
Public Magnet KG-5
1.3 mi
•865 E 3rd St
3
Brown Academy
Public Magnet PK-5
1.7 mi
•718 E 8th St
4
Battle Academy
Public Magnet PK-5
2.2 mi
•1601 Market 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 $45,632. Typical income of Chattanooga, TN residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
47%
35k-100k
14%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
7%
Single, with Kids
20%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
3%
12-17 yrs old
36%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Mexican League Soccer
Symphony or Opera
Where do the neighbors shop?
New York & Company
Books-a-Million
Chico's
Where do the neighbors go to eat?
Qdoba
Church's Chicken
Boston Market
What do the neighbors drive?
Infiniti
Toyota
Volvo
What do the neighbors listen to?
Active Rock
Adult Hits
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 518 Forest Ave
The listing price of 518 Forest Ave property is $550,000.
The property 518 Forest Ave is a house located in Chattanooga, Tennessee, 37405.
Accepting Backup Offers: 518 Forest Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 518 Forest Ave are: Chattanooga School for The Arts and Science Lower School (GreatSchools Rating 5/10), Brown Academy (GreatSchools Rating 3/10), Battle Academy (GreatSchools Rating 4/10), Normal Park Museum Magnet School (GreatSchools Rating 6/10), Orchard Knob Middle School (GreatSchools Rating 4/10), Howard Connect Academy (GreatSchools Rating 3/10), Chatt High Center for Creative Arts (GreatSchools Rating 9/10), Chattanooga School for The Arts and Science Upper School (GreatSchools Rating 7/10), Chattanooga Girls Leadership Academy (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $1,803 (source: MLS/based on county public records data).
The last sale was on September 9, 1999 for $167,500 (source: MLS/tax record).
The property at 518 Forest Ave has 3 bedrooms and 3 bathrooms.
The property 518 Forest Ave is 2,236 SqFt (source: MLS/tax record).
The year of construction for 518 Forest Ave is 1908.
This home is located at 518 Forest Ave in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 2,236 square foot home, which was built in 1908, sits on a 0.20 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $550,000.
In April 2025 more than 104 listings in Chattanooga, TN were sold above the asking price. During the same period more than 120 listings were sold at asking price, while more than 214 were sold below. The number of listings in Chattanooga, TN increased by 1.1% between March and April 2025. While the average time on the market in April 2025 was 44 days, the median list price was $335,000.
From Rocket Homes Real Estate and based on county public records data.