407 Colville St, Chattanooga, TN 37405

Local realty services provided by:Reliant Realty ERA Powered
407 Colville St,Chattanooga, TN 37405
$585,000
  • - Beds
  • - Baths
  • 2,174 sq. ft.
  • Multi-family
  • Active
Listed by: reena nichols
Office: homesmart
MLS#:3013802
Source:NASHVILLE

Price summary

  • Price:$585,000
  • Price per sq. ft.:$269.09

About this home

Instant equity! Priced below appraised value! Amazing opportunity to own income producing property in the heart of Chattanooga's Northshore. 3 bedroom/1 bath unit on main rented at $1700 to Dec 2027. 1 bedroom/1 bath unit upstairs rented at $1150 to Feb 2026, efficiency rented at $850 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.

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Home facts

  • Year built:1920
  • Listing ID #:3013802
  • Added:112 day(s) ago
  • Updated:January 30, 2026 at 03:38 PM

Rooms and interior

  • Living area:2,174 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central

Structure and exterior

  • Roof:Metal
  • Year built:1920
  • Building area:2,174 sq. ft.

Schools

  • High school:Red Bank High School
  • Middle school:Normal Park Museum Magnet School
  • Elementary school:Normal Park Museum Magnet School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$269.09
  • Tax amount:$6,233
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