Multifamily

Chattanooga, TN Multifamily Properties for Sale

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Five-Residence Multifamily Portfolio
Updated: Oct 1
Five-Residence Multifamily Portfolio

1500 +1502 E 13th Street, Chattanooga, TN 37404

$1,295,000
6,455 sqft 0.30 AC lot
Five leased residences: four townhomes and one detached single‑family home
Approximately 6,455 square feet on a 0.3‑acre site
Townhomes are approximately 1,220 square feet each; detached home is approximately 1,575 square feet
Dedicated townhome parking, with additional parking behind the detached residence
Alley access, rear‑building sprinkler system, and underground stormwater management
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Historic Triplex with Parking
Updated: Sep 2
Historic Triplex with Parking

835 Tremont Street, Chattanooga, TN 37405

$500,000
2,953 sqft 0.23 AC lot
Three‑unit configuration with two 1BR/1BA residences and one 2BR/2BA residence
2,953 square feet on a 0.23‑acre parcel
Unit B features 14' ceilings and two loft storage areas
Private rear parking, detached garage, and ample off‑street parking
Covered porch, rear deck, firepit area, and private yard features
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Updated Duplex with Porches
Updated Duplex with Porches

1204 W Mississippi Avenue, Chattanooga, TN 37405

$625,000
2,188 sqft 0.51 AC lot

Two-unit residential property with updated systems, porches, off-street parking, and a rear storage building.

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Two-Story Quadplex with Garages
Two-Story Quadplex with Garages

1026 Greenslake Rd, Chattanooga, TN 37412

$625,000
4,800 sqft

Four residential units feature private garages, dedicated laundry areas, and durable interior finishes.

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Renovated Four-Unit Quadplex
Renovated Four-Unit Quadplex

314 E View Drive, Chattanooga, TN 37404

$685,000
3,436 sqft 0.40 AC lot

Rebuilt multifamily property delivered vacant with separately metered electric and water utilities.

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Tenant-Occupied Fourplex
Tenant-Occupied Fourplex

549 S Crest Road, Chattanooga, TN 37404

$929,000
3,217 sqft 0.25 AC lot

A central floor plan includes an eat-in kitchen and open living space.

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Six-Unit Apartment Building
Six-Unit Apartment Building

406 High Street, Chattanooga, TN 37403

$1,580,000
4,300 sqft 0.05 AC lot

Historic multifamily property with varied layouts, private laundry, updated kitchens, and central heating and cooling.

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Updated Historic Triplex with Garage
Updated Historic Triplex with Garage

835 Tremont St, Chattanooga, TN 37405

$500,000
2,953 sqft

Three distinctive rental units with private parking, basement storage, and a walkable North Chattanooga setting.

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Brick Duplex with Updated Unit
Brick Duplex with Updated Unit

900 Peppermill Road, Chattanooga, TN 37411

$294,900
1,910 sqft 0.35 AC lot

Two residential units offer a combined four bedrooms and two bathrooms, with off-street parking and a private backyard.

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Occupied Duplex with Recent Updates
Occupied Duplex with Recent Updates

2712 N Orchard Knob Avenue, Chattanooga, TN 37406

$237,000
1,647 sqft 0.50 AC lot

Fully leased duplex near downtown Chattanooga with central HVAC, off-street parking, and public water and sewer service.

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Furnished Quadplex with Mountain Views
Furnished Quadplex with Mountain Views

549 S Crest Rd, Chattanooga, TN 37404

$929,000
3,217 sqft

Four furnished units include full kitchens, laundry appliances, and spacious living and dining areas.

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Triplex with Covered Porches
Triplex with Covered Porches

4100 South Terrace, Chattanooga, TN 37412

$350,000
2,940 sqft 0.48 AC lot

The upper residences include formal dining rooms, fireplaces and tall ceilings.

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Brick Duplex with Off-Street Parking
Brick Duplex with Off-Street Parking

7157 Holland Lane, Chattanooga, TN 37421

$428,900
3,368 sqft 0.52 AC lot

Two-unit residential property with private entrances, separate parking, and practical interior amenities.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

1204 W Mississippi Ave, Chattanooga, TN 37405

$625,000
2,188 sqft

Two residential units offer porches, stainless steel appliances, laundry equipment, and off-street parking.

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Brick Duplex with Occupied Units
Brick Duplex with Occupied Units

5024 Brogden Trail, Chattanooga, TN 37416

$295,000
1,435 sqft 0.26 AC lot

Both residences are leased through July 2027 and include two-bedroom layouts with one-and-a-half baths.

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Two-Unit Duplex with Contemporary Finishes
Two-Unit Duplex with Contemporary Finishes

1438 N Smith Street, Chattanooga, TN 37412

$499,900
2,410 sqft 0.28 AC lot

Each residence includes three bedrooms, two full bathrooms, and an open-plan living area.

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4-Unit Multifamily Property
4-Unit Multifamily Property

314 E View Dr, Chattanooga, TN 37404

$685,000
3,436 sqft

Fully renovated residences feature modern finishes, private laundry, and separately metered electric and water utilities.

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Two-Unit Duplex with Deck
Two-Unit Duplex with Deck

3624 Shirl Jo Lane, Chattanooga, TN 37412

$265,000
1,708 sqft 0.22 AC lot

Brick-and-siding duplex with one occupied side and one vacant side for flexible use.

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Townhome-Style Duplex
Townhome-Style Duplex

715 Ladd Ave, Chattanooga, TN 37405

$600,000
2,824 sqft

Two leased units feature individual garages, private decks, and full kitchen and laundry appliances.

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Duplex with Alley Access
Duplex with Alley Access

328 Beck Avenue, Chattanooga, TN 37405

$599,000
2,254 sqft 0.25 AC lot

Two three-bedroom units occupy a historic property with off-street parking, central air, and public utilities.

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4-Unit Multifamily Property
4-Unit Multifamily Property

5542 Clemons Rd, Chattanooga, TN 37412

$687,739
4,876 sqft

Four-unit residential income property with central air, electric systems, a concrete driveway, and parking lot.

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Duplex with Remodeled Unit
Duplex with Remodeled Unit

4729 Rogers Road, Chattanooga, TN 37411

$254,900
1,989 sqft 0.23 AC lot

One unit has been remodeled and is currently vacant for showings.

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Duplex with Renovation Potential
Duplex with Renovation Potential

920 Glenwood Dr, Chattanooga, TN 37406

$550,000
3,700 sqft

Two-unit residential income property with one completed unit and a second unit requiring renovation.

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2-Unit Duplex with Garage
2-Unit Duplex with Garage

3932 Bowman Lane, Chattanooga, TN 37416

$365,000
2,428 sqft 0.31 AC lot

Two occupied units offer distinct bedroom and bath layouts, with central air and garage parking.

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Chattanooga, TN Multifamily Properties Market Trends and Statistics

Explore 112 multifamily properties for sale in Chattanooga, TN, showcased through 112 active listings on our real estate platform. These investment opportunities span a total of 266,080 square feet of properties for sale, with an estimated market value of $59,511,039.

Sale prices for multifamily properties in Chattanooga, TN start at $125,000, averaging $577,777, and reaching up to $11,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 84
Triplexes 10
Apartment buildings 8
Quadplexes 8
Short term rental properties 6

Demographics Overview

Population 213K
Population Growth (5Y) +7.2%
Median Household Income $64,021
College Educated 35.8%

High-Yield Neighborhoods for Investment

Identify Chattanooga submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37410 $244.5K
37411 $273.6K
37407 $275K
37416 $295.6K
37419 $339K

Taxes & Financing

Tax Rate (average for all types) 2.34%
Property Tax per SF $41.42 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hamilton County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Chattanooga fall within the 100,000+ square foot range.

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