For sale

$447,000

117 Valley View Dr #A-b, Chattanooga, TN 37415

6beds

2,292sqft

$2,609/mo

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Triplex

Built in 1955

-- sqft lot

$429,300 Zestimate^®

$195/sqft

$-- HOA

What's special

Electric baseboard heatShingle roof

Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one. The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket. Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.

3 days
190
10

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3
Full bathrooms: 3

Cooling

Wall Unit(s)

Appliances

Included: Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer

Features

Basement: Finished,Full
Has fireplace: No

Interior area

Total structure area: 2,292
Total interior livable area: 2,292 sqft

Property

Parking

Parking features: Asphalt, Driveway, Off Street

Lot

Size: 0.51 Acres
Dimensions: 100 x 220
Features: Back Yard, Front Yard, Gentle Sloping, Private

Details

Parcel number: 109g G 022

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Triplex

Materials

Brick, Vinyl Siding
Foundation: Block
Roof: Asphalt,Shingle

Condition

Updated/Remodeled
New construction: No
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Valley View

HOA

Has HOA: No

Location

Region: Chattanooga

Financial & listing details

Price per square foot: $195/sqft
Annual tax amount: $4,236
Date on market: 8/26/2026
Listing terms: Cash,Conventional
Road surface type: Asphalt, Paved

Estimated market value

$429,300

$408,000 - $451,000

$1,563/mo

Price history

Date	Event	Price
8/26/2026	Listed for sale	$447,000$195/sqft
Source: Greater Chattanooga Realtors #1541536 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 37415

Getting around

34 / 100

Car-Dependent

0 / 100

No Nearby Transit

19 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Alpine Crest Elementary School
Grades: K-5Distance: 0.7 mi
5/10
Red Bank Middle School
Grades: 6-8Distance: 1.3 mi
5/10
Red Bank High School
Grades: 9-12Distance: 1.3 mi

Schools provided by the listing agent

Elementary: Alpine Crest Elementary
Middle: Red Bank Middle
High: Red Bank High School

Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.