203 Flora Circle, Chattanooga, TN 37415

Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
203 Flora Circle,Chattanooga, TN 37415
$357,000
  • - Beds
  • - Baths
  • 1,716 sq. ft.
  • Multi-family
  • Active
Listed by: carter roberson
Office: re/max renaissance
MLS#:2815414
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

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Home facts

  • Year built:1956
  • Listing ID #:2815414
  • Added:224 day(s) ago
  • Updated:November 19, 2025 at 03:34 PM

Rooms and interior

  • 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.

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:$1,969
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