Amazing opportunity for 2 investment properties in the Chattanooga area. Included are 2 triplex units side by side for a total of 6 units. Total price for both units is $650,000.00 Buildings are sold together. Breakdown of both buildings : 3bedrooms/2baths x2 3bedrooms/1.5baths x2 2bedrooms /1.5 baths x2 All units have been updated over the years when tenants vacate. Each unit is very spacious with a living room ,dining room combo, spacious kitchen & laundry room, plus ample storage space in all units. All renovated with LVP flooring ,fresh paint and new decks, new kitchen/bath flooring, lighting, sinks, etc. All units have HVAC. All units are metered separate. Conveniently located near a mini Walmart shopping center. Check out the potential for this piece of real estate . Annual gross 56,700. Cap rate 4.6 Rents are below market.
Multi-familyProperty Type
1980Year Built
0.42 acresLot Size
$89Price/Sq.Ft.
Listed by Kimberly Wolf• Greater Downtown Realty dba Keller Williams Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
128 ft.
Lot depth
142 ft.
Lot size
1 Acre
Year renovated
—
Sq. Ft.
3,900
Year built
1980
Style
Multi-Family (2-4 Unit)
County
Hamilton County
APN
109M C 021.01
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 16, 2026.
RN-3
Residential Neighborhood Zone
The RN-3 Residential Neighborhood Zone is intended to accommodate mixed residential neighborhoods consisting of a range of dwelling types that may include single-unit—both attached and detached, two-unit, townhouse, and multi-unit dwellings.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Detached
Interior
Heating & Cooling
Has Heating
Heating Information: Central, Electric
Has Cooling
Cooling Information: Central Air, Electric
Multi-Unit Information
# of Units (Total): 3
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Bathrooms: 2
# of Bedrooms: 2
Unit Type 2 Information
Unit Type: 2 Bedroom
# of Bathrooms: 2
# of Bedrooms: 2
Unit Type 3 Information
Unit Type: 3 Bedroom
# of Bathrooms: 2
# of Bedrooms: 3
Unit Type 4 Information
Unit Type: 3 Bedroom
# of Bedrooms: 3
Exterior
Building Information
Construction Materials: Stone, Other, Brick
Roof: Other
Property Information
Property Type: Residential Income
Attached Property
Above Grade Finished Area Units: Square Feet
Below Grade Finished Area Units: Square Feet
Lot Information
Lot Size Units: Acres
Lot Size Dimensions: 128.0X142.07
Financial
Tax Information
Tax Annual Amount: $4,846
Lease / Rent Details
Tenant Pays: Other
Utilities
Utility Information
Water Source: Public
Utilities: Electricity Available, Water Available
Location
School Information
Elementary School: DuPont Elementary School
Middle Or Junior High School: Hixson Middle School
High School: Hixson High School
Location Information
Directions: North on Hixson Pike right on Ashland terrace right on Highland Rd. property is the on the Right.
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,900
Stories: 2.0
Lot Size: 1 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1980
Year Renovated: —
County: Hamilton County
APN: 109M C 021.01
Home facts updated by county records on Oct 16, 2026
Other
Home Information
Living Area: 3900
Living Area Units: Square Feet
Building Area Total: 3900
Building Area Units: Square Feet
Year Built Details: Existing
Structure Type: Triplex
Levels: Three Or More
Around this home
Schools
Dupont Elementary School
Public PreK-5 • Assigned • 0.5mi
4/10
Red Bank Middle School
Public 6-8 • Assigned • 2.5mi
5/10
Red Bank High School
Public 9-12 • Assigned • 2.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Chattanooga, TN • 37415
Average low and high temperatures (°F)
48
30
58
37
71
46
78
54
79
61
88
69
92
74
86
68
85
64
73
54
65
46
55
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
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