MIDDLE TENNESSEE REAL ESTATE
MIDDLE TENNESSEE REAL ESTATE
407 Colville St, Chattanooga, TN 37405 For Sale
- 2,174 sq ft
Description
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)
Property Details
Status : Active
Address : 407 Colville St Chattanooga TN 37405
County : Hamilton County, TN
Property Type : Residential Income
Area : 2,174 sq. ft.
Year Built : 1920
Exterior Construction : Vinyl Siding
Floors : Wood,Laminate
Heat : Central,Other
HOA / Subdivision : Colvilles Addn
Listing Provided by : HomeSmart
MLS Status : Active
Listing # : RTC3013802
Schools near 407 Colville St, Chattanooga, TN 37405 :
Normal Park Museum Magnet School, Normal Park Museum Magnet School, Red Bank High School
Additional details
Heating : Yes
Parking Features : Alley Access,On Street,Unpaved
Building Area Total : 2174 Sq. Ft.
Lot Size Dimensions : 50X137.4
Living Area : 2174 Sq. Ft.
Property Attached : Yes
Office Phone : 4048764901
Possession : Close Of Escrow
Cooling : 1
Levels : Two
Stories : 2
Utilities : Electricity Available,Water Available
Parking Space : 5
Sewer : Public Sewer
Location 407 Colville St, TN 37405
Directions to 407 Colville St, TN 37405
From Market St/8 and Frazier Ave go East on Frazier Ave and turn L (North) on Forest Ave. Travel approx. 1/2 a mile to R (East) on Colville. The property is on your left.
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