407 Colville Street, Chattanooga, TN 37405

Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
407 Colville Street,Chattanooga, TN 37405
$585,000
  • - Beds
  • - Baths
  • 2,218 sq. ft.
  • Multi-family
  • Active
Listed by: reena nichols
Office: homesmart
MLS#:1521911
Source:TN_CAR

Price summary

  • Price:$585,000
  • Price per sq. ft.:$263.75

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 #:1521911
  • Added:94 day(s) ago
  • Updated:January 10, 2026 at 03:44 PM

Rooms and interior

  • Living area:2,218 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Varies by Unit
  • Heating:Central, Electric, Heating

Structure and exterior

  • Roof:Metal
  • Year built:1920
  • Building area:2,218 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$585,000
  • Price per sq. ft.:$263.75
  • Tax amount:$6,232

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