200 S Aster Avenue Chattanooga, TN $ 480,000
200 S Aster Avenue
$ 480,000
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200 S Aster Avenue

Chattanooga, TN, 37419
$ 480,000
Bedrooms7 Baths4.0 Sq 3,400

Monthly Estimate*

$ 3,031

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Multi-Family Home for sale in Chattanooga, TN

for $480,000 with 7 bedrooms and 4 full baths. This 3,400 square foot home was built on a lot size of 0.38.

This triplex is a solid investment with real numbers behind it. Previously bringing in $4,200/month with two units currently occupied on long-term leases, the property has been renovated and is ready to perform. All three units are self-contained with separate water and electric meters, which makes management straightforward and keeps utility responsibilities with the tenants where they belong. The bottom unit is currently vacant and ready for a new tenant, or a great house hack opportunity for a buyer who wants to live on site, collect rent from the two occupied units above, and let the tenants help cover the mortgage. Over the past few years the property has gone through a significant renovation. Each unit was updated with a new roof and gutters, Hardie siding on the front, HVAC systems, insulation and drywall in the basement, water heaters, interior doors, fresh paint, and LVP flooring throughout. Kitchens were redone with new cabinets, granite countertops, and stainless appliances, and bathrooms were updated with new tubs, tile surrounds, vanities, and toilets. Tucked into the west side of Chattanooga, the property is in a well-connected part of town with easy interstate access and some of the area's best known landmarks right down the road. It's the kind of location that stays in demand, close enough to the action without being in the middle of it. Strong income, turnkey condition, and a flexible vacancy. Contact the listing agent for information on owner finance options.

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Multi-Family Active

Price

$ 480,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 6,028

Style

Ranch

Lot Size

0.38

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1537891

Features
Interior
Interior Amenities Granite Counters High Speed Internet Kitchen Island Open Floorplan Tub/shower Combo
Basement Finished Full
Flooring Luxury Vinyl Tile
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Insulated Windows Vinyl Frames
Fireplace Y/N N
Above Grade Finished Area 1700.0
Laundry Features Laundry Closet
Total Bedrooms 7
Below Grade Finished Area 1700.0
Total Baths 4
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General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available Electricity Available Electricity Connected Sewer Available Sewer Connected Water Available Water Connected
Possession Close Of Escrow Subject To Tenant Rights
Roof Asphalt Shingle
Appliances Water Heater Refrigerator Microwave Free-Standing Electric Range Dishwasher
Patio/Porch Features Deck Front Porch Porch - Covered
Architectural Style Ranch
Pool Features None
Security Features Fire Alarm
Construction Materials HardiPlank Type
Year Built 1980
Tenant Pays All Utilities
Stories Count 2
Property Subtype Triplex
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 downtown Chattanooga take I-24 W toward Nashville/Birmingham (4.2 mi). Take Exit 175 for Browns Ferry Rd toward Lookout Mountain (0.2 mi). Turn right onto Browns Ferry Rd (0.2 mi) then turn left
High School Lookout Valley High
City Chattanooga
Senior Community Y/N N
Number Of Units Total 3
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 16552.8
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan Owner May Carry
Elementary School Lookout Valley Elementary
Land Lease Y/N N
Tax Annual Amount 6028.6
Home Warranty Y/N N
Current Financing Conventional FHA VA Other
Middle/Junior High School Lookout Valley Middle
Property Condition Updated/Remodeled
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 Triplex
Standard Status Active
Legal Description LT 1 BLK 3 SEC NO 1 TIFTONIA WESTSI DE LAND CO ADDN PB11 PG6 OUT OF 154 J-B-1.1 FOR 1984
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Exterior
Exterior Amenities Rain Gutters Storage
Fencing None
Parking Features Driveway Off Street Paved
Lot Features Back Yard Cleared Gentle Sloping
Water Source Public
Lot Size Area 0.38
Spa N
Building Area Total 3400.0
Lot Dimensions 80X200
Lot Size Acres 0.38
Road Surface Type Concrete
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 200
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* Excluded Features
List By
Keller Williams Realty

Broker

turner@tkopropertieschatt.com

Email

Affordability Calculator

$3,533
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,031
Monthly Property Taxes
$502
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1547639 Elementary School
1547345 Middle School
Lookout Valley High High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$480,000 Listed Price

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200 S Aster Avenue, Chattanooga, TN, 37419 is a Multi-Family Home for sale at $480,000 with 3,400 sqft and a lot size of 0.38. 200 S Aster Avenue has 7 bedrooms and 4.0 baths. The property's zip code is 37419 which is in Chattanooga, TN