Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    911 Lullwater Rd Chattanooga, TN 37405

    Sponsored
    For Sale
    Pending
    $1,250,000

    MULTI_FAMILY - Chattanooga, TN

    Property size:
    1,248 SF
    Lot size:
    3.35 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 911 Lullwater Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 2, Bedroom 10, Bathroom 4, Bedroom 1, Bedroom 4, Bedroom 9, Bedroom 8, Bathroom 9, Bathroom 1, Bathroom 7, Bedroom 6, Bathroom 3, Bathroom 10, Bedroom 5, Bathroom 5, Bathroom 6, Bathroom 8, Bedroom 3, Bathroom 2, Bedroom 7
    Bedrooms
    10
    APN
    117k B 011.01
    Parking features
    Driveway
    Patio and Porch features
    Porch
    Interior features
    Tub/shower Combo
    Exterior features
    Private Entrance
    Appliances
    Refrigerator, Free-Standing Electric Range, Dishwasher
    Size
    1,248 SF
    Lot size
    3.35 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Year built
    1981
    Floors in Building
    2
    Number of units
    10
    Building materials
    Wood Siding
    Roof type
    Shingle

    Real Broker, LLC (844) 591-7325 [email protected]

    Listing agent Ashlee Lawrence (844) 591-7325 License #349617

    Listing date Dec 27, 2025

    MLS# 1521818 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 Multifamily Investment Opportunity

    Located in Chattanooga, Tennessee, the property at 911-923 Lullwater Road presents an investment and development opportunity. This package includes five duplexes, totaling ten units, situated on a 3.35-acre site. Each unit features one bedroom and one bathroom. The units are currently leased and maintained, with updates throughout. The property is located near downtown Chattanooga, the riverfront, and major employers. This property is suited for buy-and-hold investors, value-add strategists, or developers. The property offers steady returns and development potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.313899
    Latitude
    35.101416

    Nearby Similar for Sale

    • New
      $355,000
      3,510 SF

      Well-Maintained Duplex in Growing Area

      Duplex in Chattanooga with strong rental demand and recent upgrades.
      3634 Helen Ln, Chattanooga, TN 37412
      View Details
    • $800,000
      3,436 SF

      Rebuilt Quadplex with Expansion Potential

      Four-unit multifamily property rebuilt with modern finishes and expansion potential.
      314 E View Dr, Chattanooga, TN 37404
      View Details
    • $1,700,000
      2,132 SF

      Chattanooga Multifamily Investment Opportunity

      Four homes in rapidly growing South Broad community.
      3307+ Aberdeen Row, Chattanooga, TN 37410
      View Details
    • $585,000
      2,218 SF

      Chattanooga Multifamily Investment Opportunity

      Income-producing property in Chattanooga's Northshore, below appraised value.
      407 Colville St, Chattanooga, TN 37405
      View Details
    • $359,000
      1,919 SF

      Versatile Commercial Property, Chattanooga, TN

      High-visibility commercial property with office space and parking.
      1507 Maxwell Rd, Chattanooga, TN 37412
      View Details
    • $289,000
      Pending

      Chattanooga Duplex Near Highway 58

      Well-maintained duplex near restaurants and shopping with income potential.
      4607 Murray Lake Ln, Chattanooga, TN 37416
      View Details
    • $285,000
      Pending

      Renovated Duplex Near Downtown Chattanooga

      Fully renovated duplex, move-in ready, excellent income potential.
      392 Booth Rd, Chattanooga, TN 37411
      View Details
    • $539,000
      2,319 SF

      Versatile Triplex in Chattanooga's Northshore

      Three-unit property in Chattanooga's desirable North Shore area.
      746 Curve St, Chattanooga, TN 37405
      View Details
    • New
      $260,000
      1,608 SF

      Updated Duplex in Highland Park

      Updated duplex in Chattanooga's Highland Park neighborhood.
      1812 E 13Th St, Chattanooga, TN 37404
      View Details
    • $275,000
      Pending

      Updated Duplex with Cash Flow

      Renovated duplex with immediate income potential in Chattanooga, Tennessee.
      4715 A/B Murray Lk Ln, Chattanooga, TN 37416
      View Details
    • $349,000
      Pending

      Updated Duplex Near Downtown Chattanooga

      Updated duplex perfect for owner-occupants or investors.
      2205 E 12Th St, Chattanooga, TN 37404
      View Details
    • $275,000
      Pending

      Updated Duplex with Cash Flow

      Brick duplex with immediate income potential in Chattanooga, Tennessee.
      4053/4055 Teakwood Dr, Chattanooga, TN 37416
      View Details

    FAQs

    What type of property is this?
    Apartment building - Ten-unit multifamily property on 3+ acres near downtown Chattanooga.
    Where is this apartment building located?
    The property is located at 911 Lullwater Rd Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Prime investment opportunity: Package of 5 duplexes (10 units) on over 3 acres.; - Excellent location: Minutes from downtown Chattanooga, the riverfront, and major employers.; - Income-producing: All units are currently leased and well-maintained.
    (423) 802-5270
    Request Owner's contact information
    911 Lullwater Rd Chattanooga, TN 37405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    911 Lullwater Rd
    Chattanooga, TN 37405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    911 Lullwater Rd Chattanooga, TN 37405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.