Six-Unit Apartment
For Sale
$1,580,000
406 High Street, Chattanooga, TN 37403
Residential Income, Chattanooga, TN
Property Size4,300 SF
Lot Size0.05 Acres
Price / SF$367.44
Days on Market88
Property Features for 406 High Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 6, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Parking features
On Street
Appliances
Refrigerator, Oven, Microwave, Electric Range, Dryer
Subdivision
Chatt Land Coal Iron
Lot features
City Lot, Level
Elementary school
Brown Academy
Middle school
Orchard Knob Middle
High school
Howard School of Academics & Tech
Directions
From US 27, get on 4th st, right on high st.
Standard status
Active
APN
135m F 012
Size
4,300 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Description
Lt 9 Chatt Land Coal Iron & Rr Co P Rop Pb3 Pg51 0057 32 09
Tax Annual Amount
7592
Legal Description
Lt 9 Chatt Land Coal Iron & Rr Co P Rop Pb3 Pg51 0057 32 09
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
in-unit washer/dryer
Building Details
Year built
1920
Floors in Building
3
Number of units
6
Flooring type
Hardwood
Listing Agency:
Keller Williams Realty
(423) 664-1600
Listed By:
Jim T Lea · License #TN296129
(423) 779-2354
Added: Jun 8
Changed: Sep 2
Last Checked: Sep 3 at 12:06PM
MLS# 1536363
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Built in 1920, this 4,300-square-foot apartment property contains six units across a compact 0.05-acre site. Each residence has an individual floor plan, spacious kitchen, bathroom, in-unit washer and dryer, and finished interior with hardwood flooring. Central heating and central air serve the building, while appliances include refrigerators, ovens, microwaves, electric ranges, and dryers.
The property is located at 406 High Street in Chattanooga’s Art District, with downtown shopping, dining, museums, the aquarium, and North Shore described as accessible by walking or biking. Public water and public sewer serve the property, cable is available, and parking is provided on the street.
The six-unit configuration supports both short-term and long-term rental use as described in the property information. The unit mix includes six bedrooms and six bathrooms, providing a residential income asset with distinct layouts and shared building infrastructure.
The property is located at 406 High Street in Chattanooga’s Art District, with downtown shopping, dining, museums, the aquarium, and North Shore described as accessible by walking or biking. Public water and public sewer serve the property, cable is available, and parking is provided on the street.
The six-unit configuration supports both short-term and long-term rental use as described in the property information. The unit mix includes six bedrooms and six bathrooms, providing a residential income asset with distinct layouts and shared building infrastructure.
Key Highlights
- Six‑unit apartment property at 406 High Street
- 4,300 square feet on a 0.05‑acre site
- Built in 1920 with hardwood flooring
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
3,536
Businesses Nearby
Explore this area
Business Placement
Demographics for 37403, TN
5,666
Population
2,394
Households
2.4
Avg Household Size
26
Median Age
49%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
3,333
Density / Sq Mi
$65,750
Median Household Income
$12,410
Median Earnings
$1,253
Median Rent
$444,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Historic multifamily property with varied layouts, private laundry, updated kitchens, and central heating and cooling.
Where is this apartment building located?
The property is located at 406 High Street Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,580,000.
What are key features of this property?
This property features: Six‑unit apartment property at 406 High Street; 4,300 square feet on a 0.05‑acre site; Built in 1920 with hardwood flooring
