$300,000
SOLD OCT 30, 2019
-- Bed
-- Bath
2,953 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

25% Below List Price

222 Days on Market

Highlights

  • Lake On Lot
  • Deck
  • No HOA
  • Open Floorplan
  • Private Yard
  • Eat-In Kitchen

About This Home

As of October 2019

Rare North Chattanooga Investment Opportunity!! Savvy Investors will love the historic charm and dynamite location of this North Chattanooga Triplex. Located in the high-demand rental district near the corner of Tremont St and Mississippi Ave, this triplex is walking distance to Normal Park Elementary, Aretha Frankenstein's, Tremont Tavern and more! Unit A has a unique store front facade, and recent updates. Unit B has a cozy front porch fronting Tremont St. Unit C is privately tucked away downstairs with a side deck and separate laundry area. There is ample parking with a private drive at the rear off of Boylston St. and curbside parking all along Tremont St. Future development possibilities with an unopened road adjoining this property as well as an unfinished basement that has plenty of space for a 4th unit. Opportunities like this do not become available very often, so call today for all the finer details! Please do not disturb tenants. Showings can be scheduled with an accepted offer. Be sure to see the Matterport 3D Scan of each unit in the "photo's" Tab. GMI is currently $1875 but could easily be above $3000. Owner/Agent.

Last Agent to Sell the Property

Mitch Everhart

Real Estate Brokers License #243059 Listed on: 01/23/2019

Last Buyer's Agent

Matt McDonald

The Group Real Estate Brokerage License #302483

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,230

Year Built

  • Built in 1920

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 88x116
  • Sloped Lot
  • Private Yard

Home Design

  • Triplex
  • Brick Foundation
  • Slab Foundation
  • Built-Up Roof
  • Aluminum Siding

Interior Spaces

  • 2,953 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Storage
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Unfinished Basement

  • Partial Basement
  • Basement Cellar

Parking

  • Garage
  • Off-Street Parking

Outdoor Features

  • Lake On Lot
  • Deck
  • Patio
  • Outdoor Storage

Schools

  • Normal Park Elementary School
  • Normal Park Upper Middle School
  • Red Bank High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units

Listing and Financial Details

  • Assessor Parcel Number 136a B 002

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • North Chatt Map No 1 Subdivision

Building Details

  • Gross Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,230

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 88X116
  • Subdivision Name: North Chatt Map No 1
  • Directions: Frazier Ave to Tremont Street. Look for sign on left between Boylston St and Mississippi Ave.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 2953.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Cooling:Electric: Yes
  • Roof:Built-Up2: Yes
  • Location Tax and Legal Parcel Number2: 136a B 002
  • Location Tax and Legal Elementary School: Normal Park Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 5229.77
  • 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: 0.23
  • General Property Information Lot Size Square Feet2: 10000.0
  • General Property Information Lot Size Dimensions: 88X116
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Location Tax and Legal Middle or Junior School: Normal Park Upper
  • Cooling:Multi Units: Yes
  • General Property Information Stories2: 2
  • Foundation Details BrickMortar: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Unit 1 Living Room3: Yes
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Microwave7: Yes
  • Unit 3 Living Room5: Yes
  • Unit 3 Microwave8: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Has Basement: Cellar, Partial, Unfinished
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Storage
  • Basement:Unfinished: Yes
  • Basement:Partial: Yes
  • Basement:Cellar: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Lake On Lot, Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Other
  • Exterior Features: Private Yard, Storage
  • Foundation Details: Brick/Mortar, Slab
  • Patio And Porch Features: Deck, Patio
  • Roof: Built-Up
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Private Yard: Yes
  • Exterior Features:Storage: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Lake On Lot: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Multi Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multi Units
  • Heating Yn: Yes
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Multi Units2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Normal Park Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Normal Park Upper

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Parcel #: 136a B 002
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 22500.0

Tax Info

  • Tax Annual Amount: 5229.77

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Price Changed $599,000 -1.6% $203 / Sq Ft
05/01/2025 05/01/25 For Sale $609,000 +103.0% $206 / Sq Ft
10/30/2019 10/30/19 Sold $300,000 -25.0% $102 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $399,900 -- $135 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1293558

Greater Chattanooga REALTORS®

APN: 136A B 002