407 Colville St, Chattanooga, TN 37405
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
407 Colville St,Chattanooga, TN 37405
$579,000
- - Beds
- - Baths
- 2,174 sq. ft.
- Multi-family
- Active
Listed by: reena nichols
Office: homesmart
MLS#:3013802
Source:NASHVILLE
Price summary
- Price:$579,000
- Price per sq. ft.:$266.33
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 starting March 1st. The rent at this unit has been $1150. 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)
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Home facts
- Year built:1920
- Listing ID #:3013802
- Added:140 day(s) ago
- Updated:February 27, 2026 at 12:38 PM
Rooms and interior
- Flooring:Laminate
- 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.
- Construction Materials:Vinyl Siding
- Levels:2 Story
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:$579,000
- Price per sq. ft.:$266.33
- Tax amount:$6,233
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