117 Valley View Avenue, Chattanooga, TN 37415 (MLS # 1541536)

Price $447,000
Status Active
Beds 6
Baths 3 Baths
Home size 2,292 sqft
Lot Size 22,216 sqft
Days on Market 12

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

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This site was last updated on 9/4/26 12:42 PM PDT

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