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BEDS6
BATHS
SQUARE FEET2,292
MLS#1541536
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONValley View
NEIGHBORHOODChattanooga
Property Description
Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one.The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket.Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Cooling: Wall Unit(s)
Home Style: Ranch
Lot Size: 0.51 Acres
Taxes: $4,236
Year Built: 1955
Units
Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1200.00
Square Footage: 764
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 764
Unit Type 3:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 764
Feature Descriptions
Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer
Days on Site: 5
Exterior: Brick, Vinyl Siding
Lot: Back Yard, Front Yard, Gentle Sloping, Private
Lot Dimensions: 100X220
Parcel #: 109g G 022
Parking: Asphalt, Driveway, Off Street
Utilities: Electricity Connected, Sewer Connected, Water Connected
Local Schools
High School: Red Bank High School
Middle School: Red Bank Middle
Elementary School: Alpine Crest Elementary
Listed By / Shown By
Listed By
Agency Name: Fletcher Bright Realty
Agency Phone: 423-752-0188
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
Source: CARMLS
Estimate Your Payment
Estimated Payment
$ 1,478.20 per month $994.83 Principal & Interest $353.00 Property Tax $130.38 Homeowner's Insurance
117 Valley View Avenue | MLS# 1541536
This multi-family property located at 117 Valley View Avenue, Chattanooga, TN 37415 is currently listed for sale with an asking price of $447,000. Search Chattanooga real estate on www.clcommercialrealestate.com today.