207 Memorial Drive Chattanooga, TN $ 550,000
207 Memorial Drive
$ 550,000
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207 Memorial Drive

Chattanooga, TN, 37415
$ 550,000
Bedrooms4 Baths4.0 Sq 2,408

Monthly Estimate*

$ 3,799

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Multi-Family Home for sale in Chattanooga, TN

for $550,000 with 4 bedrooms and 4 full baths. This 2,408 square foot home was built in 1945 on a lot size of 0.34.

Excellent Investment Opportunity in Red Bank! This fully occupied, cash-flowing quadruplex offers an outstanding opportunity to add a turnkey income-producing property to your portfolio. Conveniently located near North Shore, Downtown Chattanooga, and Hixson, this property offers easy access to shopping, dining, and major area amenities. Each of the four units features one bedroom, a kitchen, a living room, and a full bathroom, with renovated interiors that appeal to tenants and a well-maintained overall condition. Private parking adds convenience for residents, making this an attractive rental opportunity in a desirable location. Whether you're expanding your investment portfolio or looking for an income-producing property with established occupancy, this Red Bank quadruplex is worth a closer look!

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Multi-Family Active

Price

$ 550,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,264

Style

Contemporary

Lot Size

0.34

Year Built

1945

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1544315

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air Electric
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Water Heater Refrigerator Electric Range
Patio/Porch Features Covered Front Porch
Architectural Style Contemporary
Construction Materials Other
Year Built 1945
Tenant Pays All Utilities
Stories Count 2
Levels Two
Property Subtype Quadruplex
County Hamilton
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Subdivision Name Midvale Park South
Other Structures Storage
Status Active
Directions Take Dayton Blvd North turn right on Memorial Drive and the property is on the left
High School Red Bank High School
City Chattanooga
Senior Community Y/N false
Number Of Units Total 4
MLS Area Red Bank
Lot Size Units Acres
Lot Size Square Feet 14810.4
Listing Terms Cash Conventional
Elementary School Rivermont Elementary
Tax Annual Amount 5264.73
Current Financing None
Middle/Junior High School Red Bank Middle
MLS Area Minor Red Bank
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Legal Description PT LT 127 MIDVALE PARK EXT PB 13 PG 23
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Interior
Interior Amenities Eat-in Kitchen High Speed Internet Laminate Counters Tub/shower Combo
Basement Crawl Space
Flooring Hardwood Vinyl Other
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Window Features Window Treatments
Fireplace Y/N false
Laundry Features None
Total Bedrooms 4
Total Baths 4
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Exterior
Exterior Amenities Rain Gutters Storage
Parking Features Driveway Off Street Parking Lot
Lot Features Back Yard Front Yard Level
Water Source Public
Inclusions Appliances owned by seller(s) not tenants.
Lot Size Area 0.34
Foundation Details Block
Building Area Total 2408
Lot Dimensions 70X208
Lot Size Acres 0.34
Waterfront Y/N false
Road Frontage Type City Street
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Internal Only
Street Number 1 207
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* Excluded Features
List By
Keller Williams Realty

Broker

nathan@thetorgersonteam.com

Email

Affordability Calculator

$4,237
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$439
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Red Bank High School High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$550,000 Listed Price

Map


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207 Memorial Drive, Chattanooga, TN, 37415 is a Multi-Family Home for sale at $550,000 with 2,408 sqft and a lot size of 0.34. 207 Memorial Drive has 4 bedrooms, 4.0 baths, and was built in 1945. The property's zip code is 37415 which is in Chattanooga, TN