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$585,000 - 407 Colville St, Chattanooga

-
Bedrooms
-
Baths
2,174
SQ. Feet
1920
Year Built

Instant equity! Priced below appraised value! Amazing opportunity to own income producing property in the heart of Chattanooga's Northshore. 3 bedroom/1 bath unit on main rented at $1700 to Dec 2027. 1 bedroom/1 bath unit upstairs rented at $1150 to Feb 2026, efficiency rented at $850 to Jan 2027. This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across from tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants.

Essential Information

  • MLS® #:
    3013802
  • Price:
    $585,000
  • Bathrooms:
    0.00
  • Square Footage:
    2,174
  • Acres:
    0.00
  • Year Built:
    1920
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    407 Colville St
  • Subdivision:
    Colvilles Addn
  • City:
    Chattanooga
  • County:
    Hamilton County, TN
  • State:
    TN
  • Zip Code:
    37405

Amenities

  • Utilities:
    Electricity Available, Water Available
  • Parking Spaces:
    5
  • Garages:
    Alley Access, On Street, Unpaved

Interior

  • Heating:
    Central, Other
  • Cooling:
    Central Air, Electric
  • # of Stories:
    2

Exterior

  • Roof:
    Metal
  • Construction:
    Vinyl Siding

School Information

  • Elementary:
    Normal Park Museum Magnet School
  • Middle:
    Normal Park Museum Magnet School
  • High:
    Red Bank High School

Additional Information

  • Date Listed:
    October 9th, 2025
  • Days on Market:
    103
  • Zoning:
    RN-3

Listing Details

  • Listing Office:
    Homesmart

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Listing information last updated on January 22nd, 2026 at 7:09am CST.