607 Franklin Street, Chattanooga, TN 37405 (MLS # 1511153)

Price $515,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,628 sqft
Lot Size 8,277 sqft
Days on Market 50

Amazing investment or house-hack opportunity in the heart of North Chattanooga””just 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.

Property Type(s):
Multi Family
Last Updated 5/28/2025 Tract Frazier & Collvilles
Year Built 1940 Community Chattanooga
Garage Spaces 1.0 County Hamilton

SCHOOLS

Elementary School Normal Park Elementary
Jr. High School Normal Park Upper
High School Red Bank High School

Price History

Prior to May 15, '25 $525,000
May 15, '25 – May 28, '25 $520,000
May 28, '25 – Today $515,000

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Built-In Electric Oven, Built-In Electric Range, Built-In Range, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Electric Range, Free-Standing Electric Oven, Free-Standing Electric Range, Microwave, Oven, Vented Exhaust Fan, Water Heater
AREA Chattanooga
CONSTRUCTION Block
EXTERIOR Private Yard
GARAGE Yes
HEAT Central
LOT 8276 sq ft
LOT DIMENSIONS 62X135
PARKING Driveway, Garage
SEWER Public Sewer
STORIES 1
SUBDIVISION Frazier & Collvilles
TAXES 3645.48
WATER Public

Location

 

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