Rollin Stapp
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314 E View Drive, Chattanooga, TN 37404

$685,000
  • 314 E View Drive, Chattanooga, TN 37404 Main Photo

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Pending
BEDS7 BATHS SQUARE FEET3,436 MLS#1542313
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONScruggs NEIGHBORHOODEast Ridge

Property Description

Turnkey investment opportunity: a fully rebuilt, four-unit multifamily property offering immediate cash flow potential with none of the near-term capital expense risk of older stock. Every unit was renovated down to the studs, combining modern finishes with updated structural and mechanical systems throughout.Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer -- the kind of finish level that supports strong rents and low turnover. Electric and water utilities are separately metered for simplified expense allocation, and the property includes a full fire sprinkler system and fire hydrant for reduced long-term risk.Delivered vacant, this property gives an investor full control over tenant selection, lease terms, and rental rates from day one -- ideal for setting rents at true market rate rather than inheriting legacy leases. The unit mix includes three two-bedroom residences and one one-bedroom, and the oversized, R-3-zoned lot may offer additional development or accessory-income potential, subject to buyer verification. A rare chance to acquire renovated, income-ready multifamily in Chattanooga with upside built in.

314 E View Drive | MLS# 1542313

This multi-family property located at 314 E View Drive, Chattanooga, TN 37404 is currently listed for sale with an asking price of $685,000. Search East Ridge real estate on rollinstapp.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ductless, Electric, Multi Units, Varies b
Fuel Type: Electric
Garage: 2
Heating: Central, Ductless, Electric, Varies by Unit
Home Style: Other
Lot Size: 0.40 Acres
Taxes: $5,771
Year Built: 1950

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 860
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 858
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1.0
Square Footage: 860
Unit Type 4:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 858

Feature Descriptions

Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Refrigerator, Microwave, Washer/Dryer, Water Heater
Days on Site: 16
Exterior: Brick
Flooring: Luxury Vinyl
Interior Amenities: Split Bedrooms, Breakfast Bar, Granite Counters
Laundry: Laundry Closet, In Unit
Lot: Back Yard
Lot Dimensions: 105X200
Parcel #: 156k L 034
Parking: Driveway, Off Street
Utilities: Electricity Connected, Sewer Connected, Water Connected
Windows: Insulated Windows, Vinyl Frames

Local Schools

High School: East Ridge High
Middle School: East Ridge Middle
Elementary School: East Ridge Elementary

Listed By / Shown By

Listed By

Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-265-0088

Shown By

Agent Name: Rollin Stapp
Agent Phone: (423) 227-7504
Agency Title: Crye-Leike Real Estate Services

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Source: CARMLS

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Estimated Payment

$ 2,205.22 per month $1,524.51 Principal & Interest $480.92 Property Tax $199.79 Homeowner's Insurance

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