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Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one. The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket. Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.
Property Type(s):
Multi Family
| Last Updated | 8/26/2026 | Tract | Valley View |
|---|---|---|---|
| Year Built | 1955 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Alpine Crest Elementary |
|---|---|
| Jr. High School | Red Bank Middle |
| High School | Red Bank High School |
Additional Details
| AIR | Wall Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer |
| AREA | Chattanooga |
| BASEMENT | Finished, Full, Yes |
| CONSTRUCTION | Brick, Vinyl Siding |
| LOT | 0.51 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Gentle Sloping, Private |
| LOT DIMENSIONS | 100X220 |
| PARKING | Asphalt, Driveway, Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Ranch |
| SUBDIVISION | Valley View |
| TAXES | 4236.06 |
| UTILITIES | Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listing Courtesy of Fletcher Bright Realty
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.
Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.
This site was last updated on 9/3/26 12:05 PM PDT
Copyright© 2002 by Chattanooga Association of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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