$7,541

closing credit¹

518 Forest Ave Chattanooga, TN 37405

$635,000
3 beds
3 full
2,236 sqft
0.2 acres
$284 / sqft
House

Property details

About 518 Forest Ave

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, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size2,236 sqft
Lot size0.2 Acres
Year built1908
ParkingDetached, Driveway
MLS #2778716
Garage2 spaces

Summary

  • MLS Number: 2778716
  • MLS Name: REALTRAC
  • Office Name: Greater Downtown Realty dba Keller Williams Realty
  • Listing Agent: Todd Henon

IDX 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.

IDX© 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: 1/17/2025, 11:18:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with a porch and ceiling fan

$635,000

518 Forest Ave

$7,541

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 09, 1999
Home Sold
$167,500
Feb 21, 1995
Home Sold
$107,500

Tax history

YearAssessmentProperty Tax
2020$64,000$3,379
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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,632. The majority of Chattanooga, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

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/WNBANBA/WNBA
  • Mexican League SoccerMexican League Soccer
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Books-a-MillionBooks-a-Million
  • Chico'sChico's

Where do the neighbors go to eat?

  • QdobaQdoba
  • Church's ChickenChurch's Chicken
  • Boston MarketBoston Market

What do the neighbors drive?

  • InfinitiInfiniti
  • ToyotaToyota
  • VolvoVolvo

What do the neighbors listen to?

  • Active RockActive Rock
  • Adult HitsAdult Hits
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 518 Forest Ave

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 $635,000.

While more than 47 listings in Chattanooga, TN in December 2024 were sold above asking price, there were more than 100 listings sold at asking price, and more than 216 were sold below. The number of listings in Chattanooga, TN decreased by 8.3% between November and December 2024. In December 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $329,879.

From Rocket Homes Real Estate and based on county public records data.

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