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    407 Colville Street Chattanooga, TN 37405

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    Claim this Listing
    For Sale
    $579,000

    MULTI_FAMILY - Chattanooga, TN

    Property size:
    2,218 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $261/SF
    Added:
    Oct 8, 2025
    Days on Market:
    205
    Last Refresh:
    Apr 30 at 2:06 pm

    Property Features for 407 Colville Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Rooms
    Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
    Parking features
    On Street, Off Street
    Window features
    Drapes, Insulated Windows, Blinds
    Patio and Porch features
    Porch, Deck
    Interior features
    Eat-in Kitchen, Laminate Counters, Primary Downstairs, Storage, Tub/shower Combo
    Exterior features
    Private Entrance
    Fencing
    Chain Link
    Appliances
    Washer/Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Free-Standing Refrigerator, Free-Standing Range, Electric Range, Electric Oven, Dryer
    Standard status
    Active
    APN
    135d J 024
    Size
    2,218 SF
    Lot size
    0.16 Acres

    Taxes and HOA fees

    Tax Description
    LOT 2 COLVILLES ADDN N/R
    Tax Annual Amount
    6233

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Varies by Unit, Central Air
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Hardwood, Laminate, Vinyl
    Building materials
    Block, Concrete, Vinyl Siding
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Reena Nichols

    Listing agent Reena Nichols License #374587

    Listing office Homesmart 2911 Piedmont Road, Atlanta, TN

    Listing date Oct 8, 2025

    MLS# 1521911 Listing URL

    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.


    Overview

    Chattanooga Northshore Income Triplex

    This income-producing triplex is located in the heart of Chattanooga's Northshore. The property features three units. Unit A, located on the main floor, is a 3-bedroom, 1-bath unit currently rented for $1700 per month with a lease extending from December 2025 to December 2027. Unit B, a 1-bedroom, 1-bath unit accessed from the front lower level, is available to lease at $1250. Unit C is an efficiency accessed from the upstairs deck at the back of the property and has been rented at $850 from January 2026 to January 2027. The property is situated across from a community park with a playground and tennis courts, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery options, and entertainment venues. It is located in a desirable neighborhood within a good school district, featuring sidewalks and mature landscaping. Recent updates in 2024 include a replaced sewer line from the house to the street, an updated breaker box from tube to modern breakers, the addition of a mini-split system to Apartment C, a renovated kitchenette in Apartment C, updated refrigerator and oven/stove in Apartment A with the addition of a built-in microwave, and a rebuilt exterior staircase for Apartment C. Additionally, a programmable thermostat was added in Apt B and a smart thermostat in Apt A in 2024, and a new range/oven for Apt A in February 2026. The property is being sold as part of a 1031 exchange and has existing tenants. The lot size is 0.16 acres, and the property size is 2218 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.303237
    Latitude
    35.069776

    FAQs

    What type of property is this?
    Triplex - Income-producing triplex in Chattanooga's Northshore, near amenities.
    Where is this triplex located?
    The property is located at 407 Colville Street Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $579,000.
    What are key features of this property?
    This property features: Income‑producing triplex in a highly desirable Northshore location.; Leased units provide immediate rental income, with staggered lease terms.; Prime location across from a community park with playground and tennis, near Walnut Street Bridge, dining, and entertainment.
    More about this property
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