Two Parcels - One Sale! A rare opportunity for builders, investors, and flippers in the heart of Downtown Chattanooga. Parcel one, 816 N Germantown Rd, is a level, cleared, build-ready residential lot offering strong potential in a rapidly developing area. Located beside two newly constructed homes, this lot is primed for immediate build and resale. Adjacent to it is 805 Gillespie Rd, a 1-level, 3 bed / 1.5 bath home needing TLC. With long-term tenants in place for 8 years, this home is ready for renovation and could perform as a primary residence, rental, flip, or a perfect companion property to a new build. Combine the land value with renovation upside and you've got a high-equity package deal in a sought-after location. Opportunities like this are rare—secure your next project today.
Single-familyProperty Type
1943Year Built
5,662 sq ftLot Size
$128Est. Price/Sq.Ft.
Listed by Grace Frank• Zach Taylor Chattanooga
Listed by Katherine Dishman• Zach Taylor Chattanooga
Contact: 4232083834
Bought with Yulian Paramo• Keller Williams Realty Greater Dalton
Two Parcels - One Sale! A rare opportunity for builders, investors, and flippers in the heart of Downtown Chattanooga. Parcel one, 816 N Germantown Rd, is a level, cleared, build-ready residential lot offering strong potential in a rapidly developing area. Located beside two newly constructed homes, this lot is primed for immediate build and resale. Adjacent to it is 805 Gillespie Rd, a 1-level, 3 bed / 1.5 bath home needing TLC. With long-term tenants in place for 8 years, this home is ready for renovation and could perform as a primary residence, rental, flip, or a perfect companion property to a new build. Combine the land value with renovation upside and you've got a high-equity package deal in a sought-after location. Opportunities like this are rare—secure your next project today.
REALTRACS #3058130
Jan 8, 2026
Sold
$120,000
$91/sq ft
Jan 5, 2026
Pending
—
Dec 12, 2025
Contingent
—
Dec 10, 2025
Price Changed
$130,000
$98/sq ft
Dec 4, 2025
Listed
$140,000
$106/sq ft
Public Records
Jun 29, 2007
Sold
$25,000
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$428 (+12.0%)
2024
$382
2023
$382
2022
$382
2021
$382 (−0.8%)
2020
$385
2019
$385
2018
$385
2017
$385 (+11.9%)
2016
$344
2014
$344
Tax history for 805 Gillespie Rd
Year
Property tax
Land + Additions
Assessment*
2025
$428 (+12.0%)
2024
$382
2023
$382
2022
$382
2021
$382 (−0.8%)
2020
$385
2019
$385
2018
$385
2017
$385 (+11.9%)
2016
$344
2014
$344
*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
1
Lot width
112 ft.
Lot depth
206 ft.
Lot size
1 Acre
Year renovated
—
Sq. Ft.
1,320
Year built
1943
Style
Single Family Residential
County
Hamilton County
APN
147J A 013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 16, 2026.
RN-1-3
Residential Neighborhood Zone
The RN-1-3 Residential Neighborhood Zone is intended to accommodate single-unit homes on lots of 3,000 square feet or greater.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Park & open space
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Detached
Interior
Bedroom Information
# of Bedrooms: 3
Bathroom Information
# of Full Baths (Total): 1
# of Half Baths (Total): 1
Room 1 Information
Room Type: Master Bathroom
Room Features: Suite
Room 2 Information
Room Type: Kitchen
Room Features: Eat-in Kitchen
Laundry Room Information
Laundry Features: Electric Dryer Hookup
Basement Information
Basement Features: Unfinished, Other
Heating & Cooling
Has Heating
Heating Information: Electric, Heat Pump
Has Cooling
Cooling Information: Central Air, Electric
Interior Features
Appliances: Refrigerator, Electric Range
Flooring: Laminate, Tile
Exterior
Building Information
Construction Materials: Vinyl Siding, Other
Roof: Other
Property Information
Property Type: Residential
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Features: Cleared, Other
Lot Size Area: 0.13
Lot Size Units: Acres
Lot Size Acres: 0.13
Lot Size Dimensions: 112X206
Lot Size Source: Agent Calculated
Financial
Tax Information
Tax Annual Amount: $766
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Location
School Information
Elementary School: Woodmore Elementary School
Middle Or Junior High School: Dalewood Middle School
High School: Brainerd High School
Location Information
Directions: From Downtown Chattanooga, take E 4th Street toward hospital, keep right onto E 3rd Street, right onto Glenwood Drive, left on Oak Street, continue on Shallowford Road, Right on Gillespie and home will be on your right.
Topography: Cleared,Other
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,320
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1943
Year Renovated: —
County: Hamilton County
APN: 147J A 013
Home facts updated by county records on Oct 16, 2026
Other
Home Information
Living Area: 1320
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1320
Building Area Units: Square Feet
Building Area Source: Assessor
Foundation Details: Block
Year Built Details: Existing
Levels: Three Or More
Security Features: Smoke Detector(s)
Around this home
Schools
Woodmore Elementary School
Public PreK-5 • Assigned • 0.8mi
5/10
Dalewood Middle School
Public 6-8 • Assigned • 1.1mi
4/10
Brainerd High School
Public 9-12 • Assigned • 1.3mi
3/10
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
5/10 Heat Factor
7 days above 105° expected this year, 18 days in 30 years
4/10 Wind Factor
12% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Chattanooga, TN • 37411
Average low and high temperatures (°F)
49
30
58
37
71
46
78
54
78
61
87
68
91
73
85
68
84
64
75
53
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
Estimated sale price
$161,000 – $194,000
Sell confidently with a local market expert in Chattanooga. 3 minutes to get started.