314 E View Drive, Chattanooga, TN 37404
314 E View Drive, Chattanooga, TN 37404
314 E View Drive, Chattanooga, TN 37404
314 E View Drive, Chattanooga, TN 37404
314 E View Drive, Chattanooga, TN 37404
314 E View Drive, Chattanooga, TN 37404
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Listed by Paul Carter • Real Estate Partners Chattanooga, LLC
$ 685,000
Est. payment | /mo

3,436 SqFt


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$ 685,000
Est. payment | /mo
Save

3,436 SqFt

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 3,436 sqft

Price per Sqft $199

Subdivision Scruggs

MLS Listing ID 3542862

HOA Y/N No

Year Built 1950

Annual Tax Amount $5,772

Lot Dimensions 105X200

Property Description

Turnkey investment opportunity: a fully rebuilt, four-unit multifamily property offering immediate cash flow potential with none of the near-term capital expense risk of older stock. Every unit was renovated down to the studs, combining modern finishes with updated structural and mechanical systems throughout.

Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer -- the kind of finish level that supports strong rents and low turnover. Electric and water utilities are separately metered for simplified expense allocation, and the property includes a full fire sprinkler system and fire hydrant for reduced long-term risk.

Delivered vacant, this property gives an investor full control over tenant selection, lease terms, and rental rates from day one -- ideal for setting rents at true market rate rather than inheriting legacy leases. The unit mix includes three two-bedroom residences and one one-bedroom, and the oversized, R-3-zoned lot may offer additional development or accessory-income potential, subject to buyer verification. A rare chance to acquire renovated, income-ready multifamily in Chattanooga with upside built in.

Location

State TN

County Hamilton County

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Other

Fireplace N

Exterior

Garage Spaces 2.0

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Asphalt

Private Pool false

Building

Sewer Public Sewer

Water Public

Structure Type Other,Brick

New Construction false

Schools

Elementary Schools East Ridge Elementary School

Middle Schools East Ridge Middle School

High Schools East Ridge High School

Others

Senior Community false

RealTracs IDX

NEARBY SCHOOLS & PROPERTIES

Justin Ortega

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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314 E View Drive