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Amazing income producing triplex in the heart of Chattanooga’s Northshore. Main floor is occupied with a 3 bedroom/1 bath unit on main rented for 2 years from Dec 2025 to Dec 2027 at $1700 per month. Unit B is accessed from the front lower level. Outside door is open with stairs to Unit B which is a 1 bedroom 1 bath unit. This unit is available to lease at $1250. Unit C is an efficiency accessed from the upstairs deck at the back of the property. This unit has been rented at $850 from Jan 2026 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. Recent updates include: 1. Sewer line replaced from house to street (2024), 2. Updated breaker box from tube to modern breakers (2024), 3. Added minisplit to Apartment C (2024), 4. Renovated kitchenette in Apartment C (2024), 5. Updated refrigerator, oven/stove in Apartment A and added built-in microwave (2024), 6. Rebuilt exterior staircase for Apartment C (2024) 7. Added a programmable thermostat in Apt B and a smart thermostat in Apt A. (2024) 8. New range/oven for Apt A (Feb 2026)
Multi Family
| Last Updated | 2/12/2026 | 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 – Feb 12, '26 | $585,000 |
| Feb 12, '26 – Today | $579,000 |
Additional Details
| AIR | Ceiling Fan(s), Central Air, Varies by Unit |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | 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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