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Excellent Quadplex Investment Opportunity in Red Bank! Discover this rare four-unit property in the heart of Red Bank, just minutes from Downtown Chattanooga, making it an ideal location for both tenants and investors. Located near some of the area's best amenities, your future residents will love the quick access to local favorites like Red Bank restaurants, White Oak Dog Park, and the scenic trails of Stringers Ridge. Each unit offers a 1-bedroom, 1-bath layout"”perfect for maximizing rental efficiency and appealing to renters looking for location, simplicity, and value. With rents currently as high as $1,300/month, this property offers strong cash-flow potential and room to grow. One unit is currently vacant, making it easy to show or perfect for a buyer interested in house hacking"”live in one unit and let the others help pay the mortgage! Whether you're looking to expand your portfolio or break into real estate with a low down payment using FHA, VA, or conventional financing, this quadplex checks all the boxes. These low-maintenance units are easy to get rent-ready and attract long-term tenants who want to be near it all. Don't miss your chance to own a multifamily property in one of Chattanooga's hottest up-and-coming areas. Only the vacant unit may be shown. The tenant occupied units may be inspected after an accepted offer.
Property Type(s):
Multi Family
Last Updated | 5/26/2025 | Tract | None |
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Year Built | 1970 | Community | Red Bank |
County | Hamilton |
SCHOOLS
Elementary School | Red Bank Elementary |
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Jr. High School | Red Bank Middle |
High School | Red Bank High School |
Additional Details
AIR | Electric, Wall Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Oven, Refrigerator |
AREA | Red Bank |
LOT | 0.47 acre(s) |
LOT DIMENSIONS | 79.5X246.6 |
PARKING | Asphalt, Assigned, Off Street |
SEWER | Public Sewer |
STORIES | 2 |
SUBDIVISION | None |
TAXES | 3686.21 |
WATER | Public |
Location
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