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    1921 Emerson Dr Chattanooga, TN 37408

    New
    For Sale
    $999,000

    MULTI_FAMILY - Contemporary - Chattanooga, TN

    Property size:
    4,352 SF
    Lot size:
    0.21 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 1921 Emerson Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Window features
    Double Pane Windows, Aluminum Frames
    Rooms
    Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 7, Bedroom 6, Bedroom 1, Bedroom 7, Bedroom 8, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 2, Bedroom 2, Bathroom 6, Bedroom 9, Bathroom 4
    Bedrooms
    9
    APN
    145m A 011
    Parking features
    Off Street, Paved or Surfaced
    Patio and Porch features
    Porch
    Interior features
    Plumbed, Tub/shower Combo, Walk-In Closet(s)
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Refrigerator, Electric Oven
    Size
    4,352 SF
    Lot size
    0.21 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Ceiling Fan(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    1
    Number of units
    7
    Flooring type
    Linoleum, Tile, Tile - Ceramic
    Building materials
    Brick Veneer, Concrete, Stucco
    Roof type
    Metal
    Architectural style
    Contemporary

    Real Estate Partners Chattanooga LLC (423) 265-0088 [email protected]

    Listing agent Diana Davies (423) 265-0088 License #356940

    Listing date Dec 11, 2025

    MLS# 1523700 Listing URL

    Copyright © 2025 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southside Multifamily Investment Opportunity

    This multi-family investment property is located in the Southside district of Chattanooga. The property includes four buildings: three duplexes, each featuring a two-room studio, and one standalone unit offering 3 bedrooms and 1 bathroom. Situated within a federally designated Opportunity Zone, this property provides tax advantages for investors. With mixed-use commercial zoning, the property can continue operating as a multi-family rental property, be repositioned for higher-yield residential or short-term rentals, or allow for creative redevelopment or mixed-use possibilities. The flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. The property's location near the South Broad District and the new Lookouts Stadium development enhances long-term value and demand. The property size is 4352 square feet on a lot of 0.21 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.309281
    Latitude
    35.032393

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    FAQs

    What type of property is this?
    Apartment building - Multi-family property in Chattanooga's Southside district with redevelopment potential.
    Where is this apartment building located?
    The property is located at 1921 Emerson Dr Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Prime location in Chattanooga's rapidly growing Southside district, near the South Broad District and new Lookouts Stadium development.; - Situated within a federally designated Opportunity Zone, offering substantial tax advantages for investors.; - Mixed-use commercial zoning allows for flexible use: multi-family rental, higher-yield residential/short-term rentals, or redevelopment.
    (423) 265-0088
    Request Owner's contact information
    1921 Emerson Dr Chattanooga, TN 37408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1921 Emerson Dr Chattanooga, TN 37408
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