117 E 7th St Unit 502 Chattanooga, TN 37402
City Center NeighborhoodEstimated payment $2,464/month
Highlights
- Fitness Center
- City View
- Marble Flooring
- New Construction
- Open Floorplan
- 1-minute walk to Phillips Park
About This Home
Step into timeless elegance and own a rare piece of Chattanooga's history—reimagined for modern downtown living. Live in the heart of downtown Chattanooga while owning a piece of the city's rich history. This beautifully updated condo is located on the 5th floor of the iconic former Park Hotel—now transformed into The Residences at Park Hotel. Originally built in 1915 as Chattanooga's first fireproof luxury hotel, this landmark is being thoughtfully revitalized to blend historic architecture with modern convenience. This south-facing unit features exposed original brick, oversized windows with abundant natural light, and stunning views of downtown extending toward Lookout Mountain. Washer/dryer hookups and space for custom closet systems offer functionality and flexibility. This property offers an unparalleled lifestyle with two on-site restaurants located right inside the building. One features a stylish speakeasy-perfect for intimate gatherings- while the other will include a stunning rooftop terrace with sweeping city and mountain views, ideal for entertaining or enjoying peaceful evenings under the stars. Garage parking is available next door for added convenience. The following amenities are currently under discussion and may include smart building access, concierge service, a fitness center, a dog wash station, and smart laundry facilities. Just outside your door, explore the vibrant downtown lifestyle—charming cafés, local shops, acclaimed restaurants, parks, and cultural venues are all within walking distance. With no rental restrictions through the COA, this property is also a prime investment opportunity. Don't miss the rare chance to live in a landmark building with timeless character and modern appeal. Schedule your showing today!
Listing Agent
Greater Downtown Realty dba Keller Williams Realty License #334155 Listed on: 04/01/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2025 | New Construction
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 45x100
HOA Fees
- $290 Monthly HOA Fees
Parking
- On-Street Parking
Property Views
- City
- Mountain
Home Design
- Property Attached
- Brick Exterior Construction
- Stone Siding
Interior Spaces
- 538 Sq Ft Home
- Property has 3 Levels
- Elevator
- Open Floorplan
- High Ceiling
- Ceiling Fan
- ENERGY STAR Qualified Windows
- Washer and Gas Dryer Hookup
Kitchen
- Built-In Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Concrete
- Marble
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
Home Security
- Smart Lights or Controls
- Smart Locks
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Schools
- Orchard Knob Middle School
- Howard School Of Academics Technology High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Community Details
Overview
- Association fees include insurance, internet, maintenance structure, trash
- Original Town Market Street Subdivision
Recreation
- Fitness Center
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $17,576 | $785,600 | $0 | $0 |
| 2023 | $17,576 | $785,600 | $0 | $0 |
| 2022 | $17,576 | $785,600 | $0 | $0 |
| 2021 | $17,576 | $785,600 | $0 | $0 |
| 2020 | $13,020 | $0 | $0 | $0 |
| 2019 | $139 | $0 | $0 | $0 |
| 2018 | $126 | $0 | $0 | $0 |
| 2017 | $115 | $0 | $0 | $0 |
| 2016 | $115 | $0 | $0 | $0 |
| 2015 | $115 | $0 | $0 | $0 |
| 2014 | $115 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $339,000 | -- | $630 / Sq Ft |
Source: Realtracs
MLS Number: 3166264
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Ask me questions while you tour the home.