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1921 Emerson Drive

Chattanooga, TN 37408
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$850,000 $3,583/Mo
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Bed 10

Bed

Bath 8

Bath

SqFt4,352

Sqft

Acres0.21

Acre(Lot)

PRIME INVESTMENT OPPORTUNITY in the Heart of the Southside! Value confirmed by recent appraisal. LOCATION, LOCATION,LOCATION! This exceptional multi-family investment property sits in the vibrant Southside district—one of Chattanooga's fastest-growing neighborhoods. The property includes four buildings: three duplexes (each featuring a two-room studio) and one standalone unit offering 3 bedrooms and 1 bathroom. Situated within a federally designated OPPORTUNITY ZONE, this property provides substantial tax advantages for investors. With MIXED-USE COMMERCIAL ZONING, you'll have the flexibility to: Continue operating as a multi-family rental property Reposition for higher-yield residential or short-term rentals Explore creative redevelopment or mixed-use possibilities Flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. Would make an excellent artist community! Its location near the transformative South Broad District and new Lookouts Stadium development further enhances long-term value and demand. Positioned in an Opportunity Zone with redevelopment upside, this property offers a compelling blend of current utility, tax-advantaged investment potential, and strategic growth positioning. Whether you're seeking steady cash flow or looking for a dynamic development project, this Southside property delivers exceptional potential in one of Chattanooga's most desirable investment corridors ADJACENT PROPERTY ALSO AVAILABLE FOR SALE..

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Detail Ic Property Details

Property Type : Residential Income

Price : $850,000

AD Id : 68563581

MLS Id : 1523700

Beds : 10

Lot Size : 0.21 Acre

Living Area Size : 4,352

Year Built : 1910

County : Hamilton

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Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 8 Full Baths: 7

  • Flooring Information

    Ceramic Tile, Linoleum, Tile

  • Roofing Information

    Metal

  • Interior Features

    Walk-In Closet(s) Roof: Metal Appliances: Refrigerator, Electric Oven Laundry Features: None Window Features: Aluminum Frames, Double Pane Windows

  • Heating & Cooling

    Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s)

  • Building Information

    Year Built: 1910 Building Area Total: 4352 Construction Materials: Brick Veneer, Concrete, Stucco Patio And Porch Features: Front Porch, Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 61X140 Main Square Feet: 0.21 Acres Lot Size Acres: 0.21 Lot Size Square Feet: 9147.6 Lot Description: City Lot, Gentle Sloping, Level, Near Public Transit

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Multi Family Levels: One Property Age: 116

  • Listing Price Information

    Listing Price: $850000 Cash, Conventional

  • Tax Information

    Parcel Number: 145m A 011 Annual Tax: $4523.2 Tax Legal Desc: PT OF LOT D MONDS PB N/R

  • Parking Information

    Gravel, Off Street, Unpaved

  • School Information

    Elementary School: Battle Academy
    Junior High School: Orchard Knob Middle
    Senior High School: Howard School of Academics & Tech

  • Utility Information

    Cable Available, Electricity Connected, Water Connected

  • Location Information

    Direction: From the corner of E. Main Street and Market Street: Turn left on Market Street. Turn right on 19th Street. Turn left on Emerson Drive. Destination is on your right. WaterSource: Public Security Features: Security Lights
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/14/2026 @ 10:37

MLS: 1523700 LISTED BY: Diana Davies, Real Estate Partners Chattanooga LLC 423-265-0088 SOURCE: Greater Chattanooga REALTORS

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