2583 Highpoint Drive, Chattanooga, TN 37415

$550,000 Asking Price

5 beds
3 baths
2,948  sqft
Built in 1920

Priced BELOW APPRAISED value! Situated at the end of a quiet side street just off Altamont Road, this income-producing property offers two homes on a spacious 0.83-acre lot—great for investors or multi-generational living. Conveniently located between Hixson Pike and Dayton Blvd, this home provides easy access to Northshore's amenities & is less than 10 minutes from downtown Chattanooga. The primary home, offering 1,758 sq ft, includes 3 bedrooms, 2 bathrooms, & a bonus room. Updated with modern touches, it features new LVP flooring (2022), fresh paint (2022 & 2024), updated light fixtures in the living room, dining room, & hallway bathroom, along with a redone fireplace. The kitchen is complete with a new refrigerator, microwave, stove, disherwasher, & countertops (2022). Additional improvements include almost all new windows (2022), a new vanity in the hallway bathroom, as well as a new shower insert, faucet, & showerhead in the primary bathroom (2024). For added peace of mind, the home received a new hot water heater (2024) & a vapor barrier in the crawlspace (2024). The backyard is enclosed by a new wooden fence with a gate for enclosed parking (2022). The accessory dwelling unit (ADU- 1,190 sq ft) is a standout feature, providing immense investment potential & flexibility. This 2-bedroom, 1-bathroom unit boasts a new roof (November 2023), new countertops and cabinets (2022), a remodeled bathroom with a new vanity (2022), & a new stove (2023). It also features a full-sized laundry room, its own driveway/parking area, & a quaint front porch. Whether used as a rental property, guest house, or private home office, the ADU adds incredible value and potential. Eligible for Fannie Mae & Freddie Mac financing for homes with ADUs/DADUs, this property offers both investment potential & the perfect setup for extended family living. Don't miss this rare opportunity! Info is deemed reliable but not guaranteed.

Features & Amenities

Interior

General:
Separate Dining Room, Separate Shower
Appliances:
Smart Appliance(s), Water Heater, Stainless Steel Appliance(s), Self Cleaning Oven, Refrigerator, Microwave, Gas Range, Free-Standing Refrigerator, Free-Standing Gas Range, Free-Standing Gas Oven, Free-Standing Freezer, Exhaust Fan, Electric Water Heater, Dishwasher
Laundry:
Laundry Closet, Laundry Room, Main Level, Washer Hookup
Flooring:
Laminate, Vinyl
A/C:
true, Central Air
Heating:
true, Central, Heat Pump
Fireplace:
Living Room, Fireplace, Fireplaces: 1

Exterior

General:
Lighting, Rain Gutters
Parking:
Driveway, Gated, Gravel

Construction

General:
Block, Frame, Vinyl Siding, Block

Location

Originating MLS:
Greater Chattanooga REALTORS®
County:
Hamilton

Lot

Zoning:
Unknown (Buyer to verify), 127a
Fencing:
Back Yard, Gate, Wood

Utilities

Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Water:
Public
Sewer:
Public Sewer

Financial

Source:
Greater Chattanooga REALTORS®

This listing courtesy of:
Keller Williams Realty

About Chattanooga, TN

Housing

Number of Units
104,017
Median Home Value
$194,747
Median Rent
$769

46.46% of housing units are renter occupied.

9.12% are vacant.

Commute

Car
73.56%
Public Transportation
1.48%
Walk to Work
1.51%
Work from Home
22.57%
Other
0.57%

The median travel time to work is 16 minutes.

People

Population
213,893
Median Age
38.60
Median Household Size
2.34

Education

High School
27.11%
Associate’s Degree
8.63%
Bachelor’s Degree
20.33%
Graduate Degree
11.09%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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