$339,000
- 2 Beds
- 2 Baths
- 1,100 Sq Ft
1603 Fagan St Unit 201, Chattanooga, TN 37408
Shawn Matthews Coldwell Banker Commercial Kinard Realty
2
Ridgedale-Oak Grove Multifamily Homes & Duplexes for Sale
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1603 Fagan St Unit 201, Chattanooga, TN 37408
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$319,900
- 1,986 Sq Ft
2504 Union Ave, Chattanooga, TN 37404
Newly refreshed duplex located in an up and coming area where neighbors are rehabbing many homes. Conveniently located only minutes to hospital and Downtown Chattanooga. Also convenient to bus line. New paint, flooring, fixtures and stainless appliances. New decking off the rear and many other updates have been made. Call today to schedule your own private viewing of this wonderful income
Ryan King Keller Williams Realty
2504 Union Ave, Chattanooga, TN 37404
Why Live in Ridgedale-Oak Grove
Ridgedale-Oak Grove in Chattanooga is experiencing a transformation, with its proximity to Montague Park and the Sculpture Fields being a significant draw. The Sculpture Fields, one of the largest outdoor collections in the southeastern U.S., features numerous artistic installations and is set for a major redevelopment. East Main Street, which divides the two neighborhoods, is home to early 20th-century brick commercial buildings housing diverse establishments like salons, eateries, and the Redbud, a community venue for live music. Dining options include Sleepyhead Coffee, Boo-Coes Sports Bar & Grill, and Barque BBQ. Residents have access to grocery stores like La Guatemalteca, Food City, and Walmart Neighborhood Market. The area features many century-old clapboard Craftsman bungalows and newer contemporary homes. Schools include the highly rated McCallie School, an all-boys boarding school known for its athletic and STEM programs. The neighborhoods are close to the Southside Historic District, less than 2 miles away, which hosts the annual MAINx24 festival. Commuting is convenient with Interstate 24 and U.S. Highway 41 nearby, and the Chattanooga Metropolitan Airport is about 7 miles away.
Home Trends in Ridgedale-Oak Grove, TN
On average, homes in Ridgedale-Oak Grove, Chattanooga sell after 83 days on the market compared to the national average of 69 days. The median sale price for homes in Ridgedale-Oak Grove, Chattanooga over the last 12 months is $330,000, down 15% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$330,000
Median Single Family Sale Price
$339,900
Median Townhouse Sale Price
$310,000
Median 2 Bedroom Sale Price
$191,250
Average Price Per Sq Ft
$249
Number of Homes for Sale
20
Last 12 months Home Sales
321
Months of Supply
0.70
Median List Price
$339,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-15%
In Ridgedale-Oak Grove, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $319,900 to $339,000, there's something for every budget. As of July, 2025 the median home price in Ridgedale-Oak Grove, Chattanooga is $339,900, while the average sale price is $419,956, providing insight into local market trends. On average, multi-family homes spend 83 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Ridgedale-Oak Grove, Chattanooga.
Ridgedale-Oak Grove Types of Homes for Sale
Ridgedale-Oak Grove Real Estate Listings
More About Living in Ridgedale-Oak Grove
Homes in Nearby Neighborhoods
Homes in Nearby Cities
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