1921 Emerson Drive Chattanooga, TN $ 999,000
1921 Emerson Drive
$ 999,000
Share Save

1921 Emerson Drive

Chattanooga, TN, 37408
$ 999,000
Baths0.0 Sq 4,352
1921 Emerson Drive, Chattanooga, TN 37408 - Image 1
1921 Emerson Drive, Chattanooga, TN 37408 - Image 2
1921 Emerson Drive, Chattanooga, TN 37408 - Image 3
1921 Emerson Drive, Chattanooga, TN 37408 - Image 4
1921 Emerson Drive, Chattanooga, TN 37408 - Image 5
1921 Emerson Drive, Chattanooga, TN 37408 - Image 6
Studio

Property for Rent in Chattanooga, TN

for $999,000. This 4,352 square foot property was built on a lot size of 0.21.

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 district—one 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 Flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. Its location near the transformative South Broad District and new Lookouts Stadium development further enhances long-term value and demand. Positioned in an Opportunity Zone with redevelopment upside, this property offers a compelling blend of current utility, tax-advantaged investment potential, and strategic growth positioning. 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..

See more

Rental Active

Price

$ 999,000

Bedrooms

Studio

Taxes

$ 4,523

Style

Contemporary

Lot Size

0.21

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1523700

Features
Interior
Interior Amenities Plumbed Tub/shower Combo Walk-In Closet(s)
Flooring Ceramic Tile Linoleum Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Window Features Aluminum Frames Double Pane Windows
Fireplace Y/N N
Above Grade Finished Area 4352.0
Laundry Features None
Below Grade Finished Area 0.0
Total Baths 0
See more
General
Sewer Public Sewer
Cooling Ceiling Fan(s) Window Unit(s)
Utilities Cable Available Electricity Connected Water Connected
Possession Close Of Escrow
Roof Metal
Appliances Refrigerator Electric Oven
Patio/Porch Features Front Porch Porch
Architectural Style Contemporary
Pool Features None
Security Features Security Lights
Construction Materials Brick Veneer Concrete Stucco
Year Built 1910
Levels One
Property Subtype Multi Family
Community Features Restaurant Sidewalks Street Lights
Accessibility Accessible Approach with Ramp Accessible Bedroom Accessible Central Living Area Accessible Closets Accessible Doors Accessible Electrical and Environmental Controls Accessible Entrance Accessible Ful
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions From the corner of E. Main Street and Market Street: Turn left on Market Street. Turn right on 19th Street. Turn left on Emerson Drive. Destination is on your right.
High School Howard School of Academics & Tech
City Chattanooga
Senior Community Y/N N
Number Of Units Total 7
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 9147.6
Carport Y/N N
Listing Terms Cash Conventional
Spa Features None
Elementary School Battle Academy
Land Lease Y/N N
Tax Annual Amount 4523.2
Home Warranty Y/N N
Current Financing Conventional Other
Middle/Junior High School Orchard Knob Middle
Property Condition Fixer
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex Free Standing Building Mixed Use Multi Family
Standard Status Active
Occupancy Type Tenant
Legal Description PT OF LOT D MONDS PB N/R
See more
Exterior
Fencing None
Parking Features Gravel Off Street Unpaved
Lot Features City Lot Gentle Sloping Level Near Public Transit
Water Source Public
Lot Size Area 0.21
Foundation Details Slab
Spa N
Building Area Total 4352.0
Lot Dimensions 61X140
Lot Size Acres 0.21
Road Surface Type Gravel
Waterfront Y/N N
Road Frontage Type Alley City Street
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 1921
See more
* Excluded Features
List By
Real Estate Partners Chattanooga Llc

Broker

ddavies@homesrep.com

Email

Nearby
1547637 Elementary School
1547503 Middle School
Howard School of Academics & Tech High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2025$999,000 Listed Price

Map


See all


1921 Emerson Drive, Chattanooga, TN, 37408 is a Property for Rent at $999,000 with 4,352 sqft and a lot size of 0.21. 1921 Emerson Drive is a studio with 0.0 baths. The property's zip code is 37408 which is in Chattanooga, TN