502 Oliver Street
Chattanooga, TN 37405
- 6 beds
- 4 baths
- 3,298 sqft
- ~1/2 acre lot
- $238 per sqft
- 2019 build
- – on site
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. Parking & Additional Features 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.
Last checked:
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Last updated Mar 31, 2025
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MLS# 1508177 —
The Building
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Year Built:2019
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New Construction:false
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Architectural Style:Other
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Structure Type:House
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Construction Materials:Block, Cement Siding, Concrete, Stone
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Levels:Three Or More
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Stories:2
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Stories Total:None
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Roof:Asphalt, Shingle
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Basement:Finished
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Basement:true
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Foundation Details:Block, Combination, Slab
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Exterior Features:Private Entrance, Rain Gutters
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Patio And Porch Features:Covered, Deck, Front Porch, Porch - Covered, Rear Porch
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Building Area Total:3298.0
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Above Grade Finished Area:2192.0
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Below Grade Finished Area:1107.0
Interior
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Interior Features:Beamed Ceilings, Breakfast Nook, Eat-in Kitchen, Separate Shower, Tub/shower Combo, Walk-In Closet(s)
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Furnished:None
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Flooring:Carpet, Ceramic Tile, Hardwood
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Fireplace:true
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Fireplace Features:Family Room, Gas Log
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Laundry Features:In Basement, In Bathroom, Laundry Room, Lower Level, Main Level
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Zoning Description:None
Room Dimensions
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Living Area:3298.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:Drive North on North Market St; Continue on Dallas Road; Turn Right on Sylvan Street; Turn Right on Forest Ave; Turn Left on Colville St, Turn Right on Oliver Street; Home will be on the Left. Sign in Yard.
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Latitude:35.066627
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Longitude:-85.304324
The Property
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Parcel Number:135d T 021
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Property Type:Residential
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Property Subtype:Single Family Residence
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Direction Faces:None
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Possible Use:None
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Lot Features:Front Yard, Gentle Sloping, Landscaped, Sloped
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Lot Size Acres:0.43
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Lot Size Area:0.43
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Lot Size Dimensions:150X124
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Lot Size SqFt:18600.0
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Lot Size Units:Acres
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Lot Size Source:None
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Additional Parcels:false
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Zoning:None
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Topography:None
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Fencing:Fenced, Front Yard
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View:false
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Pool Private:No
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Waterfront:false
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (423) 902-4119
- Office phone:
- (423) 892-1515
Taxes
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Tax Legal Description:LT 10 BLK K FRAZIER & COLVILLES ADD N TO HILL CITY PB 4 PG 28
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Tax Annual Amount:6535.75
Beds
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Bedrooms Total:6
Baths
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Total Baths:3.5
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Total Baths:4
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Full Baths:3
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Half Baths:1
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
The Listing
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Home Warranty:false
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Virtual Tour URL Unbranded:https://tour.pivo.app/view/4ebba475-a2f5-40a9-9209-236b841c2163
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:Central Air, Electric
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Cooling:true
Utilities
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Utilities:Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
Appliances
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Appliances:Water Heater, Microwave, Electric Water Heater, Electric Oven, Disposal, Dishwasher, Built-In Gas Range
Schools
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Elementary School:Normal Park Elementary
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Elementary School District:None
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Middle Or Junior School:Normal Park Upper
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Middle Or Junior School District:None
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High School:Red Bank High School
The Community
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Subdivision Name:Frazier & Collvilles
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Senior Community:false
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pets Allowed:None
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Spa:false
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Spa Features:None
Parking
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Garage:true
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Garage Spaces:2.0
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Attached Garage:false
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Carport:false
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Parking Features:Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Off Street, On Street
Monthly cost estimate

Asking price
$785,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,203
|
Taxes | $544 |
Insurance | $215 |
Utilities | $182 See report |
Total | $5,144/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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3/25/25
Mar 25, 2025
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Price Changed | CHTMLS | $785,000 | -1.9% |
3/11/25
Mar 11, 2025
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Price Changed | CHTMLS | $800,000 | -3.0% |
2/27/25
Feb 27, 2025
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Listed / Active | CHTMLS | $825,000 | 101.7% (19.3% / YR) |