Six-Unit Multifamily
406 High Street Chattanooga, TN 37403
For Sale
$1,580,000
MULTI_FAMILY - Chattanooga, TN
Property Size4,300 SF
Lot Size0.05 Acres
Price / SF$367.44
Days on Market50
Property Features for 406 High Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Rooms
Bathroom 2, Bathroom 4, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 3, Bathroom 5, Bathroom 6, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1
Parking features
On Street
Appliances
Refrigerator, Oven, Microwave, Electric Range, Dryer
Standard status
Active
APN
135m F 012
Size
4,300 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Description
Lt 9 Chatt Land Coal Iron & Rr Co P Rop Pb3 Pg51 0057 32 09
Tax Annual Amount
7592
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
3
Number of units
6
Flooring type
Hardwood
Listing Agency:
Keller Williams Realty
(423) 664-1600
Listed By:
Jim T Lea · License #TN296129
(423) 779-2354
Added: Jun 8
Changed: Jul 10
Last Checked: Jul 27 at 1:06PM
MLS# 1536363
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.
Investment Insights
Based on property information with market context.
This offering is a six-unit multifamily building with individual unit designs and unique floorplans. The property includes spacious kitchens and bathrooms described as spa-inspired, along with in-unit washers and dryers for each unit. The units also feature stylish interior finishes, supporting a turnkey rental profile for a variety of tenants.
The building is located in the heart of Chattanooga’s Art District, overlooking the city. According to the remarks, residents and guests can reach downtown shopping, dining, museums, the aquarium, and the North Shore district by walking or biking.
From a tenant and operator standpoint, the mix of short-term and long-term rental use is specifically highlighted in the existing presentation. Each unit’s in-unit laundry is a practical amenity for day-to-day living, and the separate, distinct floorplans may appeal to different household types. With a compact lot size and an existing multifamily configuration, this is a focused acquisition for buyers looking to manage a small, self-contained portfolio in a walkable entertainment-and-attractions area.
The building is located in the heart of Chattanooga’s Art District, overlooking the city. According to the remarks, residents and guests can reach downtown shopping, dining, museums, the aquarium, and the North Shore district by walking or biking.
From a tenant and operator standpoint, the mix of short-term and long-term rental use is specifically highlighted in the existing presentation. Each unit’s in-unit laundry is a practical amenity for day-to-day living, and the separate, distinct floorplans may appeal to different household types. With a compact lot size and an existing multifamily configuration, this is a focused acquisition for buyers looking to manage a small, self-contained portfolio in a walkable entertainment-and-attractions area.
Key Highlights
- Six‑unit building built in 1920 in Chattanooga’s Art District.
- Central heating and central air in the building.
- Hardwood flooring.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit building with in-unit washers and dryers, positioned for both short-term and long-term rental use.
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 built in 1920 in Chattanooga’s Art District.; Central heating and central air in the building.; Hardwood flooring.
