Six-Unit Multifamily
For Sale
Contact for pricing
406 High Street, Chattanooga, TN 37403
Six-unit building with in-unit washers and dryers and multiple unique layouts suited for mixed-term rentals.
Property Size3,787 SF
Price / SF$417.22
Days on Market58
Property Features for 406 High Street
General Information
Standard status
Active
Size
3,787 SF
Property subtype
Multifamily, Mixed Use
Additional Details
Multifamily Units
6
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
Keller Williams Chattanooga - East Brainerd
Listed By:
Alissa Norgren · License #378637
Source:
Crexi
Added: Jun 9
Changed: Jul 10
Last Checked: Aug 3 at 7:55AM
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 Keller Williams Chattanooga - East Brainerd
Investment Insights
Based on property information with market context.
This six-unit multifamily building offers a rental-ready configuration with each unit featuring its own unique floorplan. Units include spacious kitchens, spa-inspired bathrooms, stylish finishes, and the convenience of in-unit washers and dryers, supporting flexible day-to-day living for residents.
Located in the heart of Chattanooga’s Art District and perched overlooking the city, the property places tenants and guests within walking or biking distance of downtown shopping, dining, and museums, along with the aquarium and the North Shore district. The elevated setting and city views add to the overall living experience, while the proximity to local attractions can support a broad range of tenant use.
Designed for both short-term and long-term rentals, the building’s mix of layouts and in-unit laundry functionality make it practical for operators seeking adaptable unit configurations. For buyers, the property provides a turn-key foundation for managing multiple rental units under one ownership, with established in-unit amenities already in place across all six units.
Located in the heart of Chattanooga’s Art District and perched overlooking the city, the property places tenants and guests within walking or biking distance of downtown shopping, dining, and museums, along with the aquarium and the North Shore district. The elevated setting and city views add to the overall living experience, while the proximity to local attractions can support a broad range of tenant use.
Designed for both short-term and long-term rentals, the building’s mix of layouts and in-unit laundry functionality make it practical for operators seeking adaptable unit configurations. For buyers, the property provides a turn-key foundation for managing multiple rental units under one ownership, with established in-unit amenities already in place across all six units.
Key Highlights
- Six‑unit building in Chattanooga’s Art District, built in 1920
- Each unit features in‑unit washer and dryer
- Each unit includes a spacious kitchen and spa‑inspired bathroom
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,035
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit building with in-unit washers and dryers and multiple unique layouts suited for mixed-term rentals.
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 building in Chattanooga’s Art District, built in 1920; Each unit features in‑unit washer and dryer; Each unit includes a spacious kitchen and spa‑inspired bathroom
