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615-561-0586
Richardson Real Estate
117 Valley View Ave, Chattanooga, TN 37415
- $447,000
- 2,292
- SqFt
- Sold Price
- $447,000
- List Price
- $447,000
- Closing Date
- Oct 09, 2026
- MLS#
- 3623021
- Days on Market
- 0
- Property Type
- Multifamily
- Sqft. of Residence
- 2,292
- County
- Hamilton
- Status
- CLOSED
Property 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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Additional Information
- Elementary School
- Alpine Crest Elementary School
- High School
- Red Bank High School
- Living Area
- 2,292
- Lot Dimensions
- 100X220
- Number Of Units
- 3
- Subdivision
- Valley View
- Year Built
- 1955
- Type
- Multifamily
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Listing courtesy of Fletcher Bright Realty. Selling Office: eXp Realty, LLC.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.