Investor opportunity with breathtaking views! This tenant-occupied fourplex at 549 South Crest Rd., Chattanooga, TN is a rare chance to own an income-producing property with stunning panoramic views of downtown Chattanooga and the surrounding mountains. Currently generating approximately $79,000 in annual gross income, this property offers immediate cash flow with established tenants already in place. Whether you're looking to expand your investment portfolio or add a high-performing asset in a desirable Chattanooga location, this fourplex checks all the boxes. Conveniently located just minutes from downtown, hospitals, restaurants, shopping, and major employers, the property combines strong rental appeal with an unbeatable setting. With incredible city views, consistent income, and a prime location.
Missionary Ridge, located between Downtown Chattanooga and East Ridge, is a historic and residential Chattanooga neighborhood with a ridgeline setting and Civil War landmarks. The neighborhood’s character concentrates around the Missionary Ridge Tunnel and the Bragg Reservation overlook, where walkers, cyclists, and history buffs share the same skyline views. Early-20th-century bungalows and brick cottages line winding streets that follow the ridge’s contours. The Missionary Ridge Historic District and the DeLong Reservation anchor the area’s sense of place. Bragg Reservation and DeLong Reservation frame daily routines with trails, overlooks, and sunset-facing benches. A short drive away, The Chattery and Barking Legs Theater add a creative, local counterpoint to the ridge’s quiet streets.
Provided by Walk Score and Local Logic
Offer insights
549 S Crest Rd · $985,000
$991K and above
75% chance or better to win
Why $991K+ is a strong offer
SALE-TO-LIST
95.2%
Most homes are selling 5% below list price.
LIST PRICE
$985,000
Median list price in this area is $317,500. (68% lower than this home)
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Central heating and central electric cooling
Bedrooms
Four units: one 2-bedroom unit and three 1-bedroom units
Bathrooms
One 2-bathroom unit and three 1-bathroom units
Heating & cooling
Central heating (electric)
Central air conditioning (electric)
Exterior features
Yard on a lot measuring approximately 90.0 x 121.5
Home design
Quadruplex (attached)
Two-story building
Existing structure
Parking
Detached parking
Construction
Aluminum siding, fiber cement and stone exterior
Other roof type
Utilities
Public water
Public sewer
Electricity available
Financial info
Four-unit residential income property
Owner pays: other
Tenant pays: none
Electricity and solar
View estimated energy costs and solar savings for this home
Investor opportunity with breathtaking views! This tenant-occupied fourplex at 549 South Crest Rd. , Chattanooga, TN is a rare chance to own an income-producing property with stunning panoramic views of downtown Chattanooga and the surrounding mountains. Currently generating approximately $79,000 in annual gross income, this property offers immediate cash flow with established tenants already in place. Whether you're looking to expand your investment portfolio or add a high-performing asset in a desirable Chattanooga location, this fourplex checks all the boxes. Conveniently located just minutes from downtown, hospitals, restaurants, shopping, and major employers, the property combines strong rental appeal with an unbeatable setting. With incredible city views, consistent income, and a prime location.
REALTRACS as Distributed by MLS Grid #3336372
Aug 7, 2026
Listed
$985,000
$306/sq ft
REALTRACS as Distributed by MLS Grid #3223261
Aug 6, 2026
Listing Removed
—
Jul 14, 2026
Price Changed
$980,000
$305/sq ft
Jun 17, 2026
Price Changed
$999,999
$311/sq ft
Jun 2, 2026
Price Changed
$1,050,000
$326/sq ft
May 28, 2026
Listed
$1,100,000
$342/sq ft
GCAR #1395037
Nov 6, 2024
Sold
$795,000
$247/sq ft
Aug 26, 2024
Contingent
—
Jul 3, 2024
Listed
$815,000
$253/sq ft
GCAR #1380927
Jan 31, 2024
Sold
$751,000
$233/sq ft
Dec 22, 2023
Contingent
—
Nov 14, 2023
Price Changed
$799,000
$248/sq ft
Oct 6, 2023
Listed
$825,000
$256/sq ft
Public Records
Oct 2, 1998
Sold
$165,000
$51/sq ft
Public Records
Jun 25, 1993
Sold
$130,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,802 (+272.6%)
2024
$1,289 (−37.5%)
2023
$2,062
2022
$2,062
2021
$2,062 (−9.9%)
2020
$2,290
2019
$2,290
2018
$2,290
2017
$2,290
2016
$2,289
2014
$2,289
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
90 ft.
Lot depth
122 ft.
Lot size
1 Acre
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,420
Year built
1921
Style
Other
County
Hamilton County
APN
168J T 014
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
RN-1-6
Residential Neighborhood Zone
The RN-1-6 Residential Neighborhood Zone is intended to accommodate a neighborhood environment predominantly characterized by single-unit homes on lots of 6,000 square feet or greater.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Local insights from Redfin agents
Chattanooga is known for its mountains and the Tennessee River, but its hidden gems make it special—unexpected views, tucked-away trails, beautiful homes and quiet greenways waiting to be discovered.