50-Bed Apartment
For Sale
Contact for pricing
Pending
924 E 8th St, Chattanooga, TN 37403
Two updated residential buildings offer student-oriented layouts, shared amenities, and short-term vacation rental zoning near UTC.
Property SizeContact for details
Days on Market143
Property Features for 924 E 8th St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Opportunity Zone
Yes
Public Transit
Yes
Amenities
laundry room
community living room
conference/community hall
dorm style bathrooms
Building Details
Year Renovated
2016
Buildings
2
Listing Agency:
KW Commercial
(423) 667-6204
Listed By:
Joe Pleva · License #TN276752
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 7:15PM
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 multifamily offering includes two updated buildings with a combined 25 bedrooms and capacity for 50 beds. Renovations completed in 2016 included plumbing, HVAC, electrical systems, and drywall while retaining original flooring, stair elements, finials, and banisters. The first building contains 18 two-person bedrooms, a large kitchen, laundry room, communal living room, an 800-square-foot conference or community hall, and two dormitory-style bathrooms. A separate one-bedroom apartment on the third floor includes its own kitchen, bathroom, dining area, and living room. The second building provides six two-person bedrooms, a kitchen, living room, and two bathrooms with multiple sinks, showers, and toilets.
The property is steps from the UTC campus, one block from a campus bus stop, and near restaurants and other amenities. It is located within an Opportunity Zone and is zoned for short-term vacation rental use. The current lease expires in June 2025, with a one-year extension option for the existing tenant.
The property is steps from the UTC campus, one block from a campus bus stop, and near restaurants and other amenities. It is located within an Opportunity Zone and is zoned for short-term vacation rental use. The current lease expires in June 2025, with a one-year extension option for the existing tenant.
Key Highlights
- 50‑bed capacity across 25 bedrooms, with each bedroom averaging 160 SF
- 2016 updates included plumbing, HVAC, electrical, and drywall
- First building includes 18 two‑person bedrooms and an 800sf community hall
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,821
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 - Two updated residential buildings offer student-oriented layouts, shared amenities, and short-term vacation rental zoning near UTC.
Where is this apartment building located?
The property is located at 924 E 8th St Chattanooga, TN.
What are key features of this property?
This property features: 50‑bed capacity across 25 bedrooms, with each bedroom averaging 160 SF; 2016 updates included plumbing, HVAC, electrical, and drywall; First building includes 18 two‑person bedrooms and an 800sf community hall
