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Updated 5 hours ago

607 Franklin St


Chattanooga, TN

2 Bed
•
1 Bath

1,628 Sq. Ft.
Floor plans
2 Beds • 1 Bath
$2,200
1628 ft2
1 Available
Managed By: PMI Scenic City
-
$2,200
Available: Ask
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607 Franklin St
607 Franklin St
607 Franklin St
Property details
Description

Amazing investment or house-hack opportunity in the heart of North Chattanoogajust minutes from downtown and zoned for the highly sought-after Normal Park schools. This property is split into two separate units: a two bed, one bath main home and a one bed, one bath apartment with its own entrance, perfect for a guest suite or income-producing rental. The home has been successfully used as an owner-occupied Airbnb, allowing you to live in one unit while renting out the other. It also makes a fantastic long-term rental thanks to its ideal location, school zoning, and flexible floorplan. Whether you're looking to offset your mortgage, invest in a cash-flowing asset, or accommodate extended family, this setup offers multiple options in one of Chattanooga's most desirable neighborhoods.

Additional Details
Contact Name: Jenny Sioting
Total Unit Count: 1
Last Updated: Updated 5 hours ago
Contact Number: (423) 680-6421
Property manager information
PMI Scenic City
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Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Electric Power Board 10000.0 10000.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
AT&T Inc. 6.0 0.512
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 607 Franklin St by bedroom type below.
2 Bedroom
Suggested income:
$79,200
per year
Rent report

607 Franklin St Rent vs. Chattanooga Average

 607 Franklin St      Chattanooga Average
2BR
$2,200
$1,322
$0
$750
$1,500
$2,250
$3,000

607 Franklin St is asking 66% more than the average 2 bedroom apartment in Chattanooga.

If you upsized to an average priced Chattanooga 3 bedroom apartment, you would pay 27% more per month.

If you downsized to an average priced Chattanooga 1 bedroom apartment, you would pay 6% less per month.

607 Franklin St provides 55% more square footage than the average Chattanooga 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
607 Franklin St
2BR $2,200 $1.40 $6,600
Chattanooga Average
Studio $1,171 $2.10 $3,512
1BR $1,247 $1.70 $3,742
2BR $1,322 $1.30 $3,967
3BR $1,821 $1.30 $5,463
4BR $2,342 $1.20 $7,027

Availability in Chattanooga

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 487 2BR units on the market in Chattanooga. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
8% 33% 45% 12% 3%
Available Units in Chattanooga
Studio 84
1BR 361
2BR 487
3BR 127
4BR 28
Location
Nearby Colleges

The University of Tennessee at Chattanooga

Chattanooga State Community College

Nearby Hospitals
Name Distance
Kindred Hospital Chattanooga 1.5 mi.
Siskin Hospital For Physical Rehabilitation 1.57 mi.
Erlanger Medical Center 1.7 mi.
Nearby Fire Stations
Name Distance
City Of Dalton Fire Department 0.59 mi.
Whitfield County Fire Department 0.59 mi.
Dalton Volunteer Fire Department 0.59 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
There are no units with move-in dates in the next 2 months.
What's the square footage of the available units?
It's 1,628 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
Where is this property located?
This property is at 607 Franklin St in Chattanooga, TN. It's 2.1 miles north from the center of Chattanooga.
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