MIDDLE TENNESSEE REAL ESTATE
MIDDLE TENNESSEE REAL ESTATE
203 Flora Circle, Chattanooga, TN 37415 For Sale
- 1,716 sq ft
Description
*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 and $650/month, offering immediate upside potential. With its central location, proximity to major amenities, and vibrant community atmosphere, this is a rare chance to secure a high-potential property in Red Bank. Don't miss out on this exceptional investment opportunity. *Information is deemed reliable but buyer is responsible for due diligence.*
Property Details
Status : Active
Source : RealTracs, Inc.
Address : 203 Flora Circle Chattanooga TN 37415
County : Hamilton County, TN
Property Type : Residential Income
Area : 1,716 sq. ft.
Year Built : 1956
HOA / Subdivision : Sherrill Oakwood
Listing Provided by : Re/Max Renaissance
MLS Status : Active
Listing # : RTC2815414
Schools near 203 Flora Circle, Chattanooga, TN 37415 :
Red Bank Elementary School, Red Bank Middle School, Red Bank High School
Additional details
Parking Features : Detached,Driveway
Building Area Total : 1716 Sq. Ft.
Lot Size Dimensions : 155X195
Living Area : 1716 Sq. Ft.
Office Phone : 4237565700
Cooling : 1
Levels : Three Or More
Utilities : Water Available
Sewer : Septic Tank
Location 203 Flora Circle, TN 37415
Directions to 203 Flora Circle, TN 37415
Continue on Hixson Pike. Take Lupton Dr to Oakwood Ave in Red Bank Continue on Oakwood Ave. Drive to Flora Cir Turn right onto Oakwood Ave Turn right onto Flora Cir Houses will be on the right
Featured Listings
Ready to Start the Conversation?
We're ready when you are.
© 2025 Listings courtesy of RealTracs, Inc. as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The IDX data is deemed reliable but is not guaranteed by MLS GRID and may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS. Based on information submitted to the MLS GRID as of April 22, 2025 10:00 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.