$965,000
$20K PRICE DROP

Estimated payment $6,260/month

Total Views 1,398
5 Beds
5 Baths
3,217 Sq Ft
$300 Price per Sq Ft

Highlights

  • In a Historic District
  • Furnished
  • Den
  • Open Floorplan
  • No HOA
  • Eat-In Kitchen

About 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.

Listing Agent

Adrienne Gremore

RE/MAX Properties License #346069 Listed on: 08/07/2026

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,916

Year Built

  • Built in 1921

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 90.0x121.5

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • 3,217 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Living Room
  • Den
  • Washer and Dryer Hookup
  • Property Views
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Schools

  • East Ridge Elementary School
  • East Ridge Middle School
  • East Ridge High School

Additional Features

  • In a Historic District
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Missionary Ridge Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 168j T 014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,916

Year Built

Built in 1921

Lot Details

0.25 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 90.0X121.5
  • Inclusions: All furnishings.
  • Subdivision Name: Missionary Ridge
  • Directions: East on 41 like your going through tunnels first right on round about and up Westside Dr. Right on Crest. Quadplex on right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 3217.0
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex
  • Year Built: 1921
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal Parcel Number2: 168j T 014
  • Location Tax and Legal Elementary School: East Ridge Elementary
  • Location Tax and Legal High School: East Ridge High
  • Location Tax and Legal:Tax Annual Amount: 10915.98
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Dimensions: 90.0X121.5
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Spa YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: 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.
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Ridge Middle
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • General Property Information Stories2: 2
  • General Property Information Green Features YN2: No
  • General Property Information Number Of Units Total2: 4.0
  • Unit 1 Furnished3: Furnished
  • Unit 1 Den3: Yes
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: No
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Furnished
  • Unit 2 Den4: Yes
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: Yes
  • Unit 3 Efficiency3: No
  • Unit 3 Furnished5: Furnished
  • Unit 3 Den5: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Separate Dining3: No
  • Unit 3 Microwave8: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Unit 4 Washer Dryer Hookups4: Yes
  • Unit 4 Microwave9: Yes
  • Unit 4 Efficiency4: No
  • Unit 4 Furnished6: Furnished
  • Unit 4 Den6: Yes
  • Unit 4 Living Room6: Yes
  • Unit 4 Separate Dining4: No
  • Structure Type:Quadruplex: Yes
  • General Property Information:ManufacturedMobile Allowed YN2: No
  • General Property Information: ADU YN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Owner Pays: All Utilities
  • Has Basement: Finished
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan
  • Community Features:Historic District: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Brow Lot
  • View: Other
  • View: Yes
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Fiber Cement, Stone
  • Roof: Shingle
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: Historic District, None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: East Ridge Elementary
  • High School: East Ridge High
  • Middle Or Junior School: East Ridge Middle

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Additional Parcels: No
  • Parcel #: 168j T 014

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 10915.98

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,802 $316,800 $0 $0
2024 $1,289 $57,600 $0 $0
2023 $2,062 $92,160 $0 $0
2022 $2,062 $92,160 $0 $0
2021 $2,062 $92,160 $0 $0
2020 $2,290 $82,800 $0 $0
2019 $2,290 $82,800 $0 $0
2018 $2,012 $82,800 $0 $0
2017 $2,290 $82,800 $0 $0
2016 $2,290 $0 $0 $0
2015 $4,317 $82,800 $0 $0
2014 $4,317 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/07/2026 09/07/26 Price Changed $965,000 -2.0% $300 / Sq Ft
08/07/2026 08/07/26 For Sale $985,000 +31.2% $306 / Sq Ft
01/31/2024 01/31/24 Sold $751,000 -6.0% $170 / Sq Ft View Prior Sale
12/23/2023 12/23/23 Off Market $799,000 -- --
11/14/2023 11/14/23 Price Changed $799,000 -3.2% $181 / Sq Ft
10/06/2023 10/06/23 For Sale $825,000 -- $187 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $795,000 Foundation Title
Warranty Deed $751,000 Realty Title
Interfamily Deed Transfer -- --
Warranty Deed $165,000 Pioneer Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $545,000 New Conventional
Previous Owner $713,450 New Conventional
Previous Owner $60,000 No Value Available
Previous Owner $166,000 No Value Available
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1540279

Greater Chattanooga REALTORS®

APN: 168J-T-014

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