About This Home

This 2-bedroom, 1-bathroom single family at 354 S Hemlock Drive in Whitwell, TN is listed for $489,000 ($672 per sqft). Built in 1956, the home offers 728 sqft of living space on a 0.56 acres lot.

Key Features

  • Built in 1956
  • 0.56 acre lot

Property Details

1 story
1 full
1956

Amenities

A/C
Listing Description

Prime Mixed-Use Investment Opportunity in Whitwell, TN -- Commercial Frontage + Dual Residential Income! Fully leased with long term tenants in place. Rare opportunity to own a versatile, income-producing property in a high-traffic, high-visibility commercial corridor in Whitwell!

This unique offering combines commercial space, a spacious upstairs apartment, and a separate single-family residence -- perfect for investors, owner-occupants, or entrepreneurs looking for the ultimate live/work setup. Main Building -- Commercial + Residential Combo The ground floor offers prime commercial space with excellent street visibility, ideal for retail, office, or a variety of business uses.

Upstairs, you'll find a beautifully appointed 2 bedroom, 2 bathroom apartment featuring: * Open living room and separate dining room * Well-equipped kitchen with stove, refrigerator, microwave, and dishwasher * Dedicated laundry room with included washer and dryer * Spacious walk-in closets throughout * Gorgeous hardwood flooring * Central heat and

air for year-round comfort * Water heater included * Roof only 3 years old * Charming front and back porches Bonus Single-Family Residence -- ADU or Short-Term Rental Potential Adding even more value and income potential, the property also includes a separate 2 bedroom, 1 bathroom home featuring its own front and back porches, a private driveway, and a shingle roof that's just 3 years old.

With its own separate entrance, this home functions beautifully as an accessory dwelling unit (ADU) -- ideal for multigenerational living, long-term rental income, or an Airbnb/short-term rental (buyer to verify local short-term rental regulations). Why This Property Stands Out * High-traffic commercial visibility for maximum business exposure * Mu

ltiple income streams from one property * Live/work flexibility -- run your business and live upstairs * ADU potential for rental income, multigenerational living, or Airbnb * Turnkey investment with strong rental history potential * 1-Year Home Warranty included for buyer peace of mind Whether you're an investor seeking multi-unit cash flow, an en

trepreneur wanting to live where you work, or someone looking to expand a rental portfolio with a built-in short-term rental option, this Whitwell property checks every box. Opportunities like this -- combining commercial exposure with dual residential income and Airbnb flexibility -- don't come along often. Schedule your showing today and see the potential for yourself!

Monthly Cost Estimate

$2,615/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,119
Insurance$143

Estimates only. Actual payments may vary.

Location

354 S Hemlock Drive

Whitwell, TN 37397

Features & Amenities

Exterior Features

Private YardRain GuttersStorage

Property Details

Flooring

TileVinylWood

Construction

Vinyl Siding

Outdoor Features

PorchDeck

Parking

Driveway

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)

Appliances

Water HeaterWasherRefrigeratorOvenDryer

Questions & Answers

This 2-bedroom, 1-bathroom single family at 354 S Hemlock Drive is listed at $489,000 ($672/sqft). The estimated monthly payment is $2,616 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1956, 0.56 acre lot. Exterior Features: Private Yard, Rain Gutters, Storage.

This property is listed by Diana Davies.

DD

Diana Davies

License 356940

Agent at Real Estate Partners Chattanooga LLC

Listed by Real Estate Partners Chattanooga LLC · Broker phone: (423) 265-0088 · View on Broker Site · Broker website

MLS# 1539644· Source: Greater Chattanooga Association of REALTORS· 91 days on PropertySimple

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

354 S Hemlock Drive, Whitwell, TN 37397

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