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Downtown Apartment Building Portfolio
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410 High St, Chattanooga, TN 37403

Five apartment buildings in downtown Chattanooga available for sale as a single portfolio offering.

Property SizeContact for details
Days on Market120

Property Features for 410 High St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Opportunity Zone Yes
Listing Agency: NAI Charter Real Estate
Listed By: Frazier DeVaney, SIOR · License #13517916
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:19AM

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 NAI Charter Real Estate

Investment Insights

Based on property information with market context.

The offering presents a portfolio of five apartment buildings for sale, all located in downtown Chattanooga. The buildings are listed at 418 McCallie Ave, 416 McCallie Ave, 307 East 8th Street, 409 Georgia Ave, and 410 High St.

All properties are within Chattanooga’s Opportunity Zone and a Short-Term Rental Zone, and they are described as being within walking distance of the Bluff View Arts District, Downtown, bars and restaurants on MLK Blvd, the Riverwalk, the Innovation District, and The University of Tennessee Chattanooga.

Showings are available by appointment only. A due diligence package is available upon request and execution of a confidentiality agreement.

Key Highlights

  • Five apartment buildings available as a single portfolio: 418 McCallie Ave, 416 McCallie Ave, 307 East 8th St, 409 Georgia Ave, and 410 High St.
  • All five buildings are located in downtown Chattanooga within Chattanooga’s Opportunity Zone and Short‑Term Rental Zone.
  • Buildings are within walking distance to Bluff View Arts District, Downtown, MLK Blvd bars/restaurants, Riverwalk, and the Innovation District.

Property Analytics

Current Use

Papa Properties Ltd Apartment Building

Suggested Use

Top Pick Garden Center Home Appliance Store Auto Parts Store (Bike/Boat/Book/etc) Store Florist Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

3,035
Businesses Nearby

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

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?
Multifamily property - Five apartment buildings in downtown Chattanooga available for sale as a single portfolio offering.
Where is this multifamily property located?
The property is located at 410 High St Chattanooga, TN.
What are key features of this property?
This property features: Five apartment buildings available as a single portfolio: 418 McCallie Ave, 416 McCallie Ave, 307 East 8th St, 409 Georgia Ave, and 410 High St.; All five buildings are located in downtown Chattanooga within Chattanooga’s Opportunity Zone and Short‑Term Rental Zone.; Buildings are within walking distance to Bluff View Arts District, Downtown, MLK Blvd bars/restaurants, Riverwalk, and the Innovation District.
More about this property
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