$357,000 - 203 Flora Circle, Chattanooga

3
Bedrooms

2
Baths

1,716
SQ. Feet

0.67
Acres

*Two Homes on One Lot in the Heart of Red Bank* Investor Opportunity - Please Do Not Disturb Tenants Incredible investment opportunity in one of Chattanooga's most desirable and rapidly growing neighborhoods. This unique property features two tenant-occupied homes on a single lot, each with its own address: 2633 Oakwood Ave (front house) and 203 Flora Circle (rear house). The front home offers 1,092 sq ft of living space with a full unfinished basement, while the rear home includes 624 sq ft and also features an unfinished basement—both homes with solid foundations and great bones. Investors will appreciate the flexibility this property offers, with the potential to subdivide and sell individually, or hold both for long-term rental income. Surrounded by high-end new construction and just 10 minutes from downtown Chattanooga, the location adds immense value and appeal. Both homes are on month-to-month leases with long-term tenants paying well below market rents at $600 and $650/month, offering immediate upside potential. With its central location, proximity to major amenities, and vibrant community atmosphere, this is a rare chance to secure a high-potential property in Red Bank. Don't miss out on this exceptional investment opportunity. *Information is deemed reliable but buyer is responsible for due diligence.*

Inquire! Favorite

View All Images

Previous Next

Next Steps: Request Showing Print WalkScore® Back to Results

Essential Information

MLS® #:

2815282
Price:

$357,000
Bedrooms:

3
Bathrooms:

2.00
Full Baths:

2
Square Footage:

1,716
Acres:

0.67
Year Built:

1956
Type:

Residential
Sub-Type:

Single Family Residence
Status:

Active

Community Information

Address:

203 Flora Circle
Subdivision:

Sherrill Oakwood
City:

Chattanooga
County:

Hamilton County, TN
State:

TN
Zip Code:

37415

Amenities

Utilities:

Water Available
Parking Spaces:

1
# of Garages:

1
Garages:

Attached, Driveway

Interior

Cooling:

Wall/Window Unit(s)

Exterior

Construction:

Vinyl Siding

School Information

Elementary:

Red Bank Elementary School
Middle:

Red Bank Middle School
High:

Red Bank High School

Additional Information

Days on Market:

72

Listing Details

Listing Office:

Re/max Renaissance

Ask About this Property
Request a Showing

First Name

Last Name

Email Please provide a valid email address.

Phone (optional)

Please send me updates concerning this website and the real estate market.