$130,000 - 805 Gillespie Road, Chattanooga

Two Parcels - One Sale! A rare opportunity for builders, investors, and flippers in the heart of Downtown Chattanooga. Parcel one, 816 N Germantown Rd, is a level, cleared, build-ready residential lot offering strong potential in a rapidly developing area. Located beside two newly constructed homes, this lot is primed for immediate build and resale. Adjacent to it is 805 Gillespie Rd, a 1-level, 3 bed / 1.5 bath home needing TLC. With long-term tenants in place for 8 years, this home is ready for renovation and could perform as a primary residence, rental, flip, or a perfect companion property to a new build. Combine the land value with renovation upside and you've got a high-equity package deal in a sought-after location. Opportunities like this are rare—secure your next project today.