The Real Estate Firm
Properties/Chattanooga, TN

$574,000

407 Colville St
Chattanooga, TN 37405 · Hamilton County, TN · Colvilles Addn
Listing courtesy of HomeSmart · Updated 3 hr ago
2,174 sqft

About this home

Amazing income producing triplex in the heart of Chattanooga's Northshore. Main floor is occupied with a 3 bedroom/1 bath unit on main rented for 2 years from Dec 2025 to Dec 2027 at $1700 per month. Unit B is accessed from the front lower level. Outside door is open with stairs to Unit B which is a 1 bedroom 1 bath unit. This unit is available to lease at $1250 per month. Unit C is an efficiency accessed from the upstairs deck at the back of the property. This unit has been rented at $850 from Jan 2026 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. Recent updates include: 1. Sewer line replaced from house to street (2024), 2. Updated breaker box from tube to modern breakers (2024), 3. Added minisplit to Apartment C (2024), 4. Renovated kitchenette in Apartment C (2024), 5. Updated refrigerator, oven/stove in Apartment A and added built-in microwave (2024), 6. Rebuilt exterior staircase for Apartment C (2024) 7. Added a programmable thermostat in Apt B and a smart thermostat in Apt A. (2024) 8. New range/oven for Apt A (Feb 2026). 9 New range/oven, refrigerator, and stackable washer/dryer in unit B June 2026.

Year built
1920
Property type
House
$/sqft
$264
Days on market
249
MLS #
3013802
Status
Active
County
Hamilton County, TN
Lot size

Features

Location

407 Colville St, Chattanooga, TN 37405

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