203 Flora Circle, Chattanooga, TN 37415
Local realty services provided by:Reliant Realty ERA Powered
203 Flora Circle,Chattanooga, TN 37415
$357,000
- 3 Beds
- 2 Baths
- 1,716 sq. ft.
- Single family
- Active
Listed by:carter roberson
Office:re/max renaissance
MLS#:2815282
Source:NASHVILLE
Price summary
- Price:$357,000
- Price per sq. ft.:$208.04
About this home
*Two Homes on One Lot in the Heart of Red Bank* Investor Opportunity - Please Do Not Disturb Tenants Incredible investment opportunity in one of Chattanooga's most desirable and rapidly growing neighborhoods. This unique property features two tenant-occupied homes on a single lot, each with its own address: 2633 Oakwood Ave (front house) and 203 Flora Circle (rear house). The front home offers 1,092 sq ft of living space with a full unfinished basement, while the rear home includes 624 sq ft and also features an unfinished basement—both homes with solid foundations and great bones. Investors will appreciate the flexibility this property offers, with the potential to subdivide and sell individually, or hold both for long-term rental income. Surrounded by high-end new construction and just 10 minutes from downtown Chattanooga, the location adds immense value and appeal. Both homes are on month-to-month leases with long-term tenants paying well below market rents at $600 and $650/month, offering immediate upside potential. With its central location, proximity to major amenities, and vibrant community atmosphere, this is a rare chance to secure a high-potential property in Red Bank. Don't miss out on this exceptional investment opportunity. *Information is deemed reliable but buyer is responsible for due diligence.*
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Home facts
- Year built:1956
- Listing ID #:2815282
- Added:169 day(s) ago
- Updated:September 25, 2025 at 12:38 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,716 sq. ft.
Heating and cooling
- Cooling:Wall/Window Unit(s)
Structure and exterior
- Year built:1956
- Building area:1,716 sq. ft.
- Lot area:0.67 Acres
Schools
- High school:Red Bank High School
- Middle school:Red Bank Middle School
- Elementary school:Red Bank Elementary School
Utilities
- Water:Public, Water Available
- Sewer:Septic Tank
Finances and disclosures
- Price:$357,000
- Price per sq. ft.:$208.04
- Tax amount:$1,968
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