Sold

1921 Emerson Dr, Chattanooga, TN 37408

Beds
10
Baths
8
Sqft
4,352

View property features, location on map, relevant school information and overview from seller's agent.

Listed byReal Estate Partners Chattanooga LLC
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Overview

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. Would make an excellent artist community! 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..

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Number of bedrooms
10
Number of bathrooms
8
Square feet
4,352
Lot size (acres)
0.21
Year built
1910

Interior features

Laundry
None

Utilities

Cooling
Window Units, Ceiling Fans
Sewer
Public Sewer
Water
Public Water

Estimated monthly costs

Electricity
$42

Taxes

Tax Annual Amount
$4,523.20

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Greater Chattanooga Realtors MLS®#: 1523700 Last checked:

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