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.

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

$ 5,265

Style

Quadruplex

Year Built

1945

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

3615493

Features
General
Living Area 2408
Sewer Public Sewer
Heating Central
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Other
Construction Materials Other
Year Built 1945
Tenant Pays Other
Stories Count 2
Levels Two
County Hamilton County TN
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name None
Rent Includes Other
Status Active
Buyer Financing Other Conventional
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 N
Number Of Units Total 4
Lot Size Units Acres
Elementary School Rivermont Elementary School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 5265
Middle/Junior High School Red Bank Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 3645
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Interior
Flooring Wood Other Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached Driveway Parking Lot
Water Source Public
Total Parking 0
Building Area Total 2408
Lot Dimensions 70X208
Waterfront Y/N N
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Internal Only
Street Number 1 207
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* Excluded Features
List By
Greater Downtown Realty Dba 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
4313804 Elementary School
3575091 Middle School
Red Bank High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$550,000 Listed Price

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207 Memorial Drive, Chattanooga, TN, 37415 is a Multi-Family Home for sale at $550,000 with 2,408 sqft. 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