407 Colville Street, Chattanooga, TN 37405
MULTI_FAMILY - Chattanooga, TN
- Added:
- Oct 8, 2025
- Days on Market:
- 252
- Last Refresh:
- Jun 16 at 1:06 pm
Property Features for 407 Colville Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 5, Bedroom 3
- Parking features
- Off Street, On Street
- Window features
- Insulated Windows, Blinds, Drapes
- Patio and Porch features
- Deck, Porch
- Interior features
- Eat-in Kitchen, Laminate Counters, Primary Downstairs, Storage, Tub/shower Combo
- Exterior features
- Private Entrance
- Fencing
- Chain Link
- Appliances
- Washer/Dryer Stacked, 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
- Electric (Heating), Central
- Cooling system
- Central Air, Ceiling Fan(s), Varies by Unit
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Hardwood, Vinyl, Laminate
- Building materials
- Block, Concrete, Vinyl Siding
- Roof type
- Metal
- Additional Structures
- Storage
Listing agent Reena Nichols License #374587 (470) 428-6637
Listing office Homesmart 2911 Piedmont Road, Atlanta, TN (404) 876-4901
Listing date Oct 8, 2025
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.
HighLights
- Income‑producing triplex with three units: 3 bed/1 bath, 1 bed/1 bath, and an efficiency unit
- Unit A lease: 3 bed/1 bath rented $1,700/month from Dec 2025 to Dec 2027
- Unit B lease: 1 bed/1 bath available/leased at $1,250/month
- Unit C lease: efficiency unit rented $850/month from Jan 2026 to Jan 2027
- Recent updates (2024): sewer line replaced from house to street; breaker box updated to modern breakers; minisplit added to Apt C; kitchenette renovated; exterior staircase rebuilt for Apt C
- Heating/cooling includes central HVAC and ceiling fans; Apt A has a smart thermostat and Apt B has a programmable thermostat (2024)
Overview
Located at 407 Colville Street in Chattanooga’s Northshore area, the property sits across from a community park with a playground and tennis. The public remarks also note proximity to the Walnut Street bridge and to local shopping, dining, grocery, and entertainment options.
The seller is offering the property as part of a 1031 exchange with existing tenants. Documented 2024 improvements include a sewer line replacement from the house to the street, an updated breaker box, and minisplit additions for Unit C, along with a renovated kitchenette in that unit. Additional 2024 work includes rebuilding the exterior staircase for Unit C and adding programmable and smart thermostats to Units B and A, respectively. Updates continuing into 2026 include kitchen appliances, including new range/oven for Unit A in February 2026 and new range/oven, refrigerator, and a stackable washer/dryer in Unit B in June 2026.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.303237
- Latitude
- 35.069776