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Instant equity! Priced below appraised value! Amazing opportunity to own income producing property in the heart of Chattanooga's Northshore. 3 bedroom/1 bath unit on main rented at $1700 to Dec 2027. 1 bedroom/1 bath unit upstairs rented at $1150 to Feb 2026, efficiency rented at $850 to Jan 2027. This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across from tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants.
Property Type(s):
Multi Family
| Last Updated | 12/5/2025 | Tract | Colvilles Addn |
|---|---|---|---|
| Year Built | 1920 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Normal Park Elementary |
|---|---|
| Jr. High School | Normal Park Upper |
| High School | Red Bank High School |
Price History
| Prior to Dec 5, '25 | $595,000 |
|---|---|
| Dec 5, '25 - Today | $585,000 |
Additional Details
| AIR | Ceiling Fan(s), Central Air, Varies by Unit |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Range, Free-Standing Range, Free-Standing Refrigerator, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer |
| AREA | Chattanooga |
| CONSTRUCTION | Block, Concrete, Vinyl Siding |
| EXTERIOR | Private Entrance |
| HEAT | Central, Electric, Separate Meters |
| INTERIOR | Eat-in Kitchen, Laminate Counters, Master Downstairs, Storage |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Back Yard, Front Yard, Level, Open Lot, Private |
| LOT DIMENSIONS | 50X137.4 |
| PARKING | Off Street, On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Multi Family, Triplex |
| SUBDIVISION | Colvilles Addn |
| TAXES | 6232.81 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listing Courtesy of Homesmart
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This site was last updated on 1/22/26 4:44 PM PST
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This IDX solution is (c) Diverse Solutions 2026.
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