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207 Memorial Drive, Chattanooga
$550,000
4 Beds ⋅ 4 Baths ⋅ 1544315 MLS
Excellent Investment Opportunity in Red Bank! This fully occupied, cash-flowing quadruplex offers an outstanding opportunity to add a turnkey income-producing property to your portfolio. Conveniently located near North Shore, Downtown Chattanooga, and Hixson, this property offers easy access to shopping, dining, and major area amenities. Each of the four units features one bedroom, a kitchen, a living room, and a full bathroom, with renovated interiors that appeal to tenants and a well-maintained overall condition. Private parking adds convenience for residents, making this an attractive rental opportunity in a desirable location. Whether you're expanding your investment portfolio or looking for an income-producing property with established occupancy, this Red Bank quadruplex is worth a closer look!

207 Memorial Drive, Chattanooga
1700 Ashmore Avenue, Chattanooga
$449,000
4 Beds ⋅ 3 Baths ⋅ 1537657 MLS
Two homes, one lot, minutes from North Shore, and the second home already has a tenant in place. This property sits tucked back from the road and surrounded by mature trees, giving it a private feel despite being close to everything. Follow the walkway around to the front of the main home and you arrive at a large covered front porch. Through the front door is a generous living room that opens forward into a dining area connected to a galley style kitchen on the right. The kitchen was renovated in 2022 and includes new appliances, updated cabinetry and countertops. Through the other side of the kitchen is the laundry room with a door out to the back deck. The bedroom layout is split off the living room with the primary bedroom and bathroom to the right and two additional bedrooms and the guest bathroom to the left. The main home has new flooring throughout the living area and bedrooms installed in 2024, updated bathrooms, and has just been freshly painted inside and out. New windows were installed throughout in 2022, a new HVAC system in 2023, and a new 50-gallon water heater recently. Electrical improvements have also been completed including attic wiring corrections and GFCI protection. The front porch has been restained and the front door freshly painted. Move-in ready from day one. The detached brick studio is currently occupied by a tenant on a one year lease that transfers to the new owner at closing at $840 per month plus utilities. You live in the main home. The apartment helps pay for it. A detached one car garage completes the property. Lender credit available toward buyer's closing costs with financing through the property's preferred lender. Terms and eligibility requirements apply. Buyer is not required to use the preferred lender.

1700 Ashmore Avenue, Chattanooga