Leaders in Homes • Estates • Land • Farms for 3 Decades

207 Memorial Drive, Chattanooga, TN 37415 (MLS # 1544315)

Price $550,000
Status Active
Beds 4
Baths 4 Baths
Home size 2,408 sqft
Lot Size 14,811 sqft
Days on Market 12
Excellent Investment Opportunity in Red Bank! This fully occupied, cash-flowing quadruplex offers an outstanding opportunity to add a turnkey income-producing property to your portfolio. Conveniently located near North Shore, Downtown Chattanooga, and Hixson, this property offers easy access to shopping, dining, and major area amenities. Each of the four units features one bedroom, a kitchen, a living room, and a full bathroom, with renovated interiors that appeal to tenants and a well-maintained overall condition. Private parking adds convenience for residents, making this an attractive rental opportunity in a desirable location. Whether you're expanding your investment portfolio or looking for an income-producing property with established occupancy, this Red Bank quadruplex is worth a closer look!
Property Type(s): Multi Family
Last Updated 10/9/2026 Tract Midvale Park South
Year Built 1945 Community Red Bank
County Hamilton

SCHOOLS

Elementary School Rivermont Elementary
Jr. High School Red Bank Middle
High School Red Bank High School

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Electric Range, Refrigerator, Water Heater
AREA Red Bank
BASEMENT Crawl Space
CONSTRUCTION Other
EXTERIOR Rain Gutters, Storage
HEAT Central
INTERIOR Eat-in Kitchen, High Speed Internet, Laminate Counters
LOT 0.34 acre(s)
LOT DESCRIPTION Back Yard, Front Yard, Level
LOT DIMENSIONS 70X208
PARKING Driveway, Off Street, Parking Lot
SEWER Public Sewer
STORIES 2
STYLE Contemporary
SUBDIVISION Midvale Park South
TAXES 5264.73
UTILITIES Electricity Connected, Sewer Connected, Water Connected
WATER Public

Location

 

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This site was last updated on 10/20/26 3:01 PM PDT

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  • 3 Decades Serving TN, GA, AL
  • Top 1% in Sales, Greater Chattanooga
  • Chatt’s 1st Accredited Land Consultant: investment, recreational, development, conservation, agriculture
  • 10 Years  Licensed TN General Contractor
  • Elite Client Services: Award-Winning Marketing Specialists, Contracts Managers, Research & Logistics Experts
  • Relocation Specialists for University of TN Chatt, Erlanger Hospital
  • Realtors Land Institute, TN Board Member
  • 4-Generation Chattanoogan,
    Todd Henon

Todd Henon Properties 423.413.4507 direct Info@ToddHenon.com Keller Williams Realty Greater Downtown Realty 1830 Washington Street Chattanooga, TN 37408 423.664.1900

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DIFFERENCE

TOP 1% SALES

GREATER CHATTANOOGA

3 DECADES

SERVING TN, GA, AL

10 YEARS

LICENSED TN GENERAL CONTRACTOR

#1 LAND SALES

GREATER CHATTANOOGA

CHATT’S FIRST
ACCREDITED LAND CONSULTANT

INVESTMENT RECREATIONAL
DEVELOPMENT CONSERVATION
AGRICULTURE

TN

VICE PRESIDENT

RELOCATION

SPECIALISTS

FOR UNIVERSITY OF TN CHATT, ERLANGER HOSPITAL
AGENTS OF CHOICE

ELITE CLIENT

SERVICES

AWARD-WINNING MARKETING
SPECIALISTS, CONTRACT MANAGERS,
RESEARCH & LOGISTICS EXPERTS

4 GENERATIONS

CHATTANOOGAN
TODD HENON

CONTACT US

TODD HENON PROPERTIES

423.413.4507 info@ToddHenon.com

KELLER WILLIAMS REALTY

GREATER DOWNTOWN

1830 Washington Street Chattanooga, TN 37408 423.664.1900