407 Colville St | Image 1
407 Colville St | Image 2
407 Colville St | Image 3
407 Colville St | Image 4
407 Colville St | Image 5
407 Colville St | Image 6
407 Colville St | Image 7

$579,000

4 months ago

0 Bed

0 Bath

2218 sqft

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MLS® 1521911

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2218 sqft
Garage No
Taxes $6,233
Days Active 136
Lot Size 0.16 acres
Approx. Age 1920
Avg. Price Per Sqft $261
MLS® Number 1521911

Property Address: 407 Colville St, Chattanooga, TN, 37405-2836

Average square foot calculated using Size range provided by listing agent.

Description

Amazing income producing triplex in the heart of Chattanooga's Northshore. Main floor is occupied with a 3 bedroom/1 bath unit on main rented for 2 years from Dec 2025 to Dec 2027 at $1700 per month. Unit B is accessed from the front lower level. Outside door is open with stairs to Unit B which is a 1 bedroom 1 bath unit. This unit is available to lease starting March 1st. The rent at this unit has been $1150. Unit C is an efficiency accessed from the upstairs deck at the back of the property. This unit has been rented at $850 from Jan 2026 to Jan 2027. This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across from tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants. Recent updates include: 1. Sewer line replaced from house to street (2024), 2. Updated breaker box from tube to modern breakers (2024), 3. Added minisplit to Apartment C (2024), 4. Renovated kitchenette in Apartment C (2024), 5. Updated refrigerator, oven/stove in Apartment A and added built-in microwave (2024), 6. Rebuilt exterior staircase for Apartment C (2024) 7. Added a programmable thermostat in Apt B and a smart thermostat in Apt A. (2024)
MLS® Number1521911
Laundry LevelIn Kitchen, Multiple Locations
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1920
Basement
DrivewayOff Street, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Washer and Dryer in units A and C.

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2025List Date
$579,000List Price
-End Date
Not Sold YetSold Price

For Rent

Feb 2, 2026List Date
$1,250List Price
Jan 15, 2026End Date
-Sold Price

Leased

Jan 3, 2026List Date
$950List Price
  • Commute

Commute

Starting Address
Destination Address
407 Colville St, Chattanooga, TN

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