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407 Colville Street

Chattanooga, TN 37405
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Bed 5

Bed

Bath 3

Bath

SqFt2,218

Sqft

Acres0.16

Acre(Lot)

Amazing income producing triplex in the heart of Chattanooga's Northshore. Main floor is occupied with a 3 bedroom/1 bath unit on main rented for 2 years from Dec 2025 to Dec 2027 at $1700 per month. Unit B is accessed from the front lower level. Outside door is open with stairs to Unit B which is a 1 bedroom 1 bath unit. This unit is available to lease at $1250. Unit C is an efficiency accessed from the upstairs deck at the back of the property. This unit has been rented at $850 from Jan 2026 to Jan 2027. This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across fro m tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants. Recent updates include: 1. Sewer line replaced from house to street (2024), 2. Updated breaker box from tube to modern breakers (2024), 3. Added minisplit to Apartment C (2024), 4. Renovated kitchenette in Apartment C (2024), 5. Updated refrigerator, oven/stove in Apartment A and added built-in microwave (2024), 6. Rebuilt exterior staircase for Apartment C (2024) 7. Added a programmable thermostat in Apt B and a smart thermostat in Apt A. (2024) 8. New range/oven for Apt A (Feb 2026). 9 New range/oven, refrigerator, and stackable washer/dryer in unit B June 2026.

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Detail Ic Property Details

Property Type : Residential Income

Price : $574,000

AD Id : 67344273

MLS Id : 1521911

Beds : 5

Lot Size : 0.16 Acre

Living Area Size : 2,218

Year Built : 1920

County : Hamilton

Subdivision: Colvilles Addn

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3
  • Flooring Information

    Hardwood, Laminate, Vinyl
  • Roofing Information

    Metal
  • Interior Features

    Eat-in Kitchen, Laminate Counters, Storage, Master Downstairs Roof: Metal Appliances: Washer/Dryer Stacked, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Free-Standing Refrigerator, Free-Standing Range, Electric Range, Electric Oven, Dryer Laundry Features: In Kitchen, Multiple Locations Window Features: Blinds, Drapes, Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, Separate Meters Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Varies by Unit

  • Building Information

    Year Built: 1920 Building Area Total: 2218 Construction Materials: Block, Concrete, Vinyl Siding Stories: 2 Patio And Porch Features: Covered, Deck, Front Porch, Porch Pool Features: None Private Pool: No
  • Exterior Features

    Exterior Features: Private Entrance

  • Lot Information

    Lot Dimensions: 50X137.4 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6869.41 Lot Description: Back Yard, Front Yard, Level, Open Lot, Private

    Property Information

    Subdivision: Colvilles Addn Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Multi Family Levels: Two Property Age: 106

  • Listing Price Information

    Listing Price: $574000 Cash, Conventional

  • Tax Information

    Parcel Number: 135d J 024 Annual Tax: $6232.81 Tax Legal Desc: LOT 2 COLVILLES ADDN N/R

  • Parking Information

    Off Street, On Street

    Garage Information

    Pets Allowed: No

  • School Information

    Elementary School: Normal Park Elementary
    Junior High School: Normal Park Upper
    Senior High School: Red Bank High School
  • Utility Information

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: From Market St/8 and Frazier Ave go East on Frazier Ave and turn L (North) on Forest Ave. Travel approx. 1/2 a mile to R (East) on Colville. The property is on your left. WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
409 Colville Street, Chattanooga, TN, 37405 $550,000 4 3 2,083 2,083 SqFt
716 Forest Avenue, Chattanooga, TN, 37405 $975,000 4 5 3,360 3,360 SqFt
15 Sawyer Street, Chattanooga, TN, 37405 $600,000 4 5 2,520 2,520 SqFt
715 Ladd Avenue, Chattanooga, TN, 37405 $649,000 6 6 2,824 2,824 SqFt

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 06/18/2026 @ 17:15

MLS: 1521911 LISTED BY: Reena Nichols, Homesmart 404-876-4901 SOURCE: Greater Chattanooga REALTORS

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