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Keller Williams Realty
615 Colville Street A, B, & C, Chattanooga, TN 37405
- $473,999
- 2
- BD
- 4
- BA
- 1,624
- SqFt
- Sold Price
- $473,999
- List Price
- $479,999
- Status
- CLOSED
- Closing Date
- May 04, 2026
- MLS#
- 1531027
- Subtype
- Residential Income
- Style
- Other
- Year Built
- 1920
- Bedrooms
- 2
- Bathrooms
- 4
- Living Area
- 1,624
- Lot Size
- 7,800
- Acres
- 0.18
- Subdivision
- Colvilles Addn
Property Description
Turnkey investment opportunity in Hill City-the heart of North Chattanooga! This fully occupied, consistently maintained triplex offers immediate and consistent income from day one. Featuring approximately 2,000 square feet, the property includes TWO 1 bedroom efficiency units, and ONE 2-bedroom unit--providing a strong and balanced rental mix. The property features off-street parking with a large rear lot, offering ample space to comfortably accommodate all units--a rare and valuable amenity that enhances tenant convenience and long-term rental appeal. Recent improvements include mini-split systems replaced in Unit C (approx. 2 years ago) and Unit A (approx. 2.5 years ago), a Jack and Beam system completed in August 2022, with a fully encapsulated crawl space, providing enhanced structural integrity, moisture control, and long-term durability. Windows were replaced approx. 2.5 yrs ago. Units A and C are equipped with stackable washer and dryer units, adding convenience for tenants. Located just minutes from Downtown, Frazier Avenue, and top-rated Normal Park schools, this property sits in a highly desirable historic district with proven, long-term rental demand. Whether you're expanding your portfolio or securing a reliable income-producing asset, this is an opportunity you don't want to miss. Property is being sold as-is.
Additional Information
- Interior Features
- Ceiling Fan(s), High Speed Internet
- Taxes
- $5,314
- Property Description
- Other
- Heating
- Central, Ductless, Electric
- Air Conditioning
- Central Air, Other, Zoned
- Roof
- Asphalt
- Foundation
- Block, Concrete Perimeter, Pillar/Post/Pier
- Parking Features
- Gravel, Off Street, Parking Lot
- Elementary School
- Normal Park Elementary
- Middle School
- Normal Park Upper
- High School
- Red Bank High School
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Listing courtesy of Coldwell Banker Kinard Commercial. Selling Office: .