Description
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 districtone 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 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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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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4,352SQFT
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$230$/SQFT
School Information
Description
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 districtone 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 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..
1921 Emerson Drive Chattanooga, TN 37408
Property Description
Architectural Style Contemporary Attached Garage YN No Carport YN No Construction Materials Brick VeneerConcreteStucco Exterior Features [] Fencing None Foundation Details Slab Garage YN No Lot Features City LotGentle SlopingLevelNear Public Transit Other Structures [] Parking Features GravelOff StreetUnpaved Patio And Porch Features Front PorchPorch Pool Features None Pool Features None Yes Roof Metal Roof Metal Yes Spa YN No Structure Type DuplexFree Standing BuildingMixed UseMulti Family View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features Accessible Approach with RampAccessible BedroomAccessible Central Living AreaAccessible ClosetsAccessible DoorsAccessible Electrical and Environmental ControlsAccessible EntranceAccessible Full BathAccessible Hallway(s)Accessible Kitchen Accessibility Features Accessible Doors Yes Appliances RefrigeratorElectric Oven Basement [] Basement YN No Building Area Total 4352 Cooling Ceiling Fan(s)Window Unit(s) Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Ceramic TileLinoleumTile Heating [] Interior Features PlumbedTub/shower ComboWalk-In Closet(s) Laundry Features None Levels One Window Features Aluminum FramesDouble Pane Windows
Accessibility Features Accessible Approachwi Yes Association Amenities [] Association YN2 No Auction YN2 No Community Features RestaurantSidewalksStreet Lights Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Multi Family Security Features Security Lights Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Structure Type Free Standing Building Yes Structure Type Multi Family Yes Tax Annual Amount 4523.2 Utilities Cable AvailableElectricity ConnectedWater Connected Water Source Public
Listing information © 2025 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Real Estate Partners Chattanooga LLC: 423-265-0088.
