615 Colville ST Chattanooga, TN 37405
2 Beds
4 Baths
1,624 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,624 sqft
Price per Sqft $295
Subdivision Colvilles Addn
MLS Listing ID 1531027
Style Other
Bedrooms 2
Year Built 1920
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 50X150
Property Sub-Type Triplex
Source Greater Chattanooga REALTORS®
Property Description
This fully occupied, consistently maintained triplex offers immediate and consistent income from day one. Featuring approximately 2,000 square feet, the property includes TWO 1 bedroom efficiency units, and ONE 2-bedroom unit--providing a strong and balanced rental mix.
The property features off-street parking with a large rear lot, offering ample space to comfortably accommodate all units--a rare and valuable amenity that enhances tenant convenience and long-term rental appeal.
Recent improvements include mini-split systems replaced in Unit C (approx. 2 years ago) and Unit A (approx. 2.5 years ago), a Jack and Beam system completed in August 2022, with a fully encapsulated crawl space, providing enhanced structural integrity, moisture control, and long-term durability. Windows were replaced approx. 2.5 yrs ago. Units A and C are equipped with stackable washer and dryer units, adding convenience for tenants.
Located just minutes from Downtown, Frazier Avenue, and top-rated Normal Park schools, this property sits in a highly desirable historic district with proven, long-term rental demand. Whether you're expanding your portfolio or securing a reliable income-producing asset, this is an opportunity you don't want to miss.
Property is being sold as-is.
Location
State TN
County Hamilton
Area 0.18
Interior
Interior Features Ceiling Fan(s), High Speed Internet
Heating Central, Ductless, Electric
Cooling Central Air, Zoned, Other
Flooring Combination
Equipment Dehumidifier
Fireplace No
Window Features Vinyl Frames
Heat Source Central, Ductless, Electric
Exterior
Parking Features Gravel, Off Street, Parking Lot
Garage Description Gravel, Off Street, Parking Lot
Roof Type Asphalt
Garage No
Building
Faces From Amincola Hwy N bound. L on Lindsay. R onto E 4th St. R on Georgia Ave. L on Crewdson. L on Tremont. Sharp R on Beck.L on Colville. Located on the R, 1/2 way up the hill.
Foundation Block, Concrete Perimeter, Pillar/Post/Pier
Sewer Public Sewer
Water Public
Architectural Style Other
Schools
Elementary Schools Normal Park Elementary
Middle Schools Normal Park Upper
High Schools Red Bank High School
Others
Senior Community No
Tax ID 135d K 035
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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