Description
Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one. The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket. Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.
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6BEDS
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0.51ACRES
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0BATHS
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01/2 BATHS
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2,292SQFT
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$195$/SQFT
School Information
Description
Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one. The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket. Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.
117-A, B, C Valley View Avenue Chattanooga, TN 37415
Property Description
Architectural Style Ranch Attached Garage YN No Construction Materials BrickVinyl Siding Exterior Features [] Fencing [] Foundation Details Block Lot Features Back YardFront YardGentle SlopingPrivate Other Structures [] Parking Features AsphaltDrivewayOff Street Patio And Porch Features [] Pool Features [] Roof AsphaltShingle Roof Asphalt Yes Roof Shingle Yes Spa YN No Structure Type [] View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances WasherRefrigeratorElectric RangeElectric OvenDryerDishwasher Basement FinishedFull Basement YN Yes Building Area Total 2292 Cooling Wall Unit(s) Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating [] Interior Features [] Laundry Features [] Levels [] Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Triplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 4236.06 Utilities Electricity ConnectedSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Fletcher Bright Realty: 423-752-0188.
