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Property Description

MOTIVATED SELLERS! Bring us an offer!! Stunning 6-Bedroom Home with Income-Producing Basement - Prime Location!
Discover urban living at its finest in this beautifully designed 6-bedroom, 3.5-bathroom home, just blocks from Frazier Avenue, the Walnut Street Pedestrian Bridge, Coolidge Park, and the Tennessee River. With an open floor plan, multiple decks, and a charming covered front porch, this home offers both comfort and convenience in one of the city's most desirable locations.
Step inside to find a spacious main level featuring a seamless flow between the living, dining, and kitchen areas--perfect for entertaining. Upstairs, generously sized bedrooms provide ample space for family and guests.
But the true gem of this property is the full finished basement, complete with a private entrance, full kitchen, bedroom, bathroom, laundry area, and open living/dining space. Currently used as a successful Airbnb rental, this space offers an incredible opportunity for extra income or multi-generational living.
Eco-Friendly, Certified RainSmart Yard!
This home features a certified RainSmart yard, a distinction awarded to residents who implement improvements to manage stormwater and support native plants. With approximately 300 gallons of rainwater capture and an abundance of native plants throughout the yard, this property is both beautiful and environmentally responsible.
Additionally, sellers received Chattanooga SupportScapes funding to remove invasive species in the backyard and replace them with native shrubs, trees, and flowering plants, further enhancing the landscape while supporting local ecosystems. 2-car garage plus off-street parking for two more vehicles. Thoughtfully landscaped yard designed for sustainability. Prime location in the heart of the city
Don't miss your chance to own this exceptional home that blends modern convenience, income potential, and eco-conscious living in an unbeatable location

Overview

Property Status
Sold
Date Sold
May 8, 2025
Lot Size
0.43 Acres
MLS ID
1508177
Property Type
Residential
Year Built
2019

Features & Amenities

Total Area
3,298 Sq.Ft.
Neighborhood
Chattanooga
Architecture Styles
Other
Stories
2
Garage Spaces
2.0
Water Source
Public
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities
Roof
Asphalt, Shingle
Lot Features
Front Yard, Gentle Sloping, Landscaped, Sloped
Parking
Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Off Street, On Street
Heat Type
Central, Electric
Air Conditioning
Central Air, Electric
Laundry Room
In Basement, In Bathroom, Laundry Room, Lower Level, Main Level
Fireplace
Family Room, Gas Log
Appliances
Water Heater, Microwave, Electric Oven, Disposal, Dishwasher, Built-In Gas Range
Other Interior Features
Beamed Ceilings, Breakfast Nook, Eat-in Kitchen, Separate Shower, Tub/shower Combo, Walk-In Closet(s)
Sewer
Public Sewer
Substructure
Block, Combination, Slab
Other Exterior Features
Private Entrance, Rain Gutters
Elementary School
Normal Park Elementary
Middle School
Normal Park Upper
High School
Red Bank High School
Sales Price
$700,000
Real Estate Tax
$6,536/yr

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502 Oliver Street

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for your interest in 502 Oliver Street, Chattanooga, TN 37405

502 Oliver Street
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Set along the Tennessee River and surrounded by the mountains of Southeast Tennessee, Chattanooga offers a rare balance of city energy and outdoor living. Distinctive neighborhoods, a thriving downtown, scenic trails, and a growing food and arts scene create a lifestyle with something for nearly everyone. With natural beauty around every corner and easy access to larger Southern cities, Chattanooga is a place that’s easy to visit—and even easier to call home.

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