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8-Unit Renovated Apartment Building
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107 Signal Hills Dr, Chattanooga, TN 37405

Two-story studio apartment property with shared laundry and an ADA-compliant unit.

Property SizeContact for details
Days on Market144

Property Features for 107 Signal Hills Dr

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 8 x studio
Multifamily Units 8

Additional Details

Sprinkler System Yes

Amenities

shared laundry room

Building Details

Year Renovated 2024
Buildings 1
Stories 2
Listing Agency: KW Commercial
Listed By: Joe del Valle · License #319677
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial

Investment Insights

Based on property information with market context.

This two-story apartment building contains 8 studio units and underwent renovations completed in February 2024. Improvements include a new roof and individual mini-split HVAC systems serving each unit. The property also includes an ADA-compliant unit, a shared laundry room, a fire alarm, and full sprinkler coverage.

Located at the foot of Signal Mountain in Chattanooga, the building is currently fully vacant, allowing a new owner to establish the tenant roster. The property may also be eligible for City of Chattanooga affordable housing programs and grants.

Key Highlights

  • 8 studio apartment units in a two‑story building
  • Renovations completed in February 2024
  • New roof and individual mini‑split HVAC systems

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Parking Lot & Garage Big Box & Wholesale Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

Demographics for 37405, TN

18,231
Population
9,959
Households
1.8
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
54.3 sq mi
ZIP Area
336
Density / Sq Mi
$77,850
Median Household Income
$51,748
Median Earnings
$1,276
Median Rent
$416,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story studio apartment property with shared laundry and an ADA-compliant unit.
Where is this apartment building located?
The property is located at 107 Signal Hills Dr Chattanooga, TN.
What are key features of this property?
This property features: 8 studio apartment units in a two‑story building; Renovations completed in February 2024; New roof and individual mini‑split HVAC systems
More about this property
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