Exclusive Value-Add Quadplex - Prime Investment with New Roof & Income Potential
A Rare Opportunity for Discerning Investors! This quadplex offers the perfect blend of immediate rental income and exceptional value-add potential. With a brand-new roof, this property ensures long-term durability and reduced maintenance costs, making it a strategic addition to any portfolio.
Investment Highlights:
New Roof - Recently installed for enhanced structural integrity and peace of mind
Value-Add Potential - Optimize rents and renovate to maximize equity and returns
Mixed Occupancy - Generate instant cash flow with tenant-occupied units, while vacant units offer immediate lease-up or renovation opportunities
Premier Location - Situated in a sought-after area with seamless access to shopping, dining, major highways, and public transit.
Strong Rental Demand - Ideal for first time landlords, seasoned investors and those looking to expand their portfolio.
*** Please Note: No showings without a binded offer. Do not disturb tenants. Serious inquiries only.***
This is an investment opportunity you don't want to miss!
**** Buyers responsible to verify any and all things they deem important ***
For sale
$579,900
1500 Keeble St, Chattanooga, TN 37412
10beds
4,402sqft
Quadruplex
Built in 1955
-- sqft lot
$542,800 Zestimate®
$132/sqft
$-- HOA
What's special
Brand-new roofNew roof
- 56 days |
- 134 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Rana K Clark 803-448-8340,
Keller Williams Realty 423-664-1600
Source: Greater Chattanooga Realtors,MLS#: 1534467
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Air
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,402
- Total interior livable area: 4,402 sqft
Property
Parking
- Parking features: Driveway, Off Street
Lot
- Size: 0.47 Acres
- Dimensions: 128.7 x 158
Details
- Parcel number: 169k K 025
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Waterhouse #1
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $313,900
- Annual tax amount: $3,266
- Date on market: 5/11/2026
- Listing terms: Cash,Conventional
- Inclusions: any landlord owned appliances
Estimated market value
$542,800
$516,000 - $570,000
$1,408/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $579,900+7.4%$132/sqft |
Source: Greater Chattanooga Realtors #1534467 Report a problem | ||
| 8/26/2025 | Listing removed | $539,900$123/sqft |
Source: Greater Chattanooga Realtors #1510308 Report a problem | ||
| 6/1/2025 | Price change | $539,900-1.8%$123/sqft |
Source: Greater Chattanooga Realtors #1510308 Report a problem | ||
| 4/3/2025 | Listed for sale | $549,900+339.9%$125/sqft |
Source: Greater Chattanooga Realtors #1510308 Report a problem | ||
| 12/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/6/2023 | Listed for rent | $1,050+17.3% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/17/2018 | Listing removed | $895 |
Source: Owner Report a problem | ||
| 10/26/2018 | Listed for rent | $895+28.8% |
Source: Owner Report a problem | ||
| 5/31/2017 | Listing removed | $695 |
Source: Owner Report a problem | ||
| 5/30/2017 | Price change | $695-7.3% |
Source: Owner Report a problem | ||
| 5/25/2017 | Listed for rent | $750+7.9% |
Source: Owner Report a problem | ||
| 4/6/2017 | Listing removed | $695 |
Source: Owner Report a problem | ||
| 3/28/2017 | Price change | $695-28.7% |
Source: Owner Report a problem | ||
| 3/1/2017 | Price change | $975+8.9% |
Source: Owner Report a problem | ||
| 2/14/2017 | Price change | $895-8.2% |
Source: Owner Report a problem | ||
| 1/30/2017 | Price change | $975-22% |
Source: Owner Report a problem | ||
| 1/16/2017 | Listed for rent | $1,250 |
Source: Owner Report a problem | ||
| 12/9/2015 | Sold | $125,000-21.9%$28/sqft |
Source: Greater Chattanooga Realtors #1234221 Report a problem | ||
| 7/5/2015 | Price change | $160,000-15.8%$36/sqft |
Source: RE/MAX Properties #1230445 Report a problem | ||
| 7/3/2015 | Listed for sale | $190,000+36.2%$43/sqft |
Source: RE/MAX Properties #1230445 Report a problem | ||
| 2/17/1997 | Sold | $139,500$32/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,267 +106.5% | $125,560 +251.5% |
| 2024 | $1,582 +1.2% | $35,720 |
| 2023 | $1,564 -1.1% | $35,720 |
| 2022 | $1,582 -28% | $35,720 -63.6% |
| 2021 | $2,197 +17.7% | $98,200 +45.4% |
| 2020 | $1,867 | $67,520 |
| 2019 | $1,867 | $67,520 |
| 2018 | $1,867 -39.8% | $67,520 |
| 2017 | $3,104 -6.4% | $67,520 |
| 2016 | $3,316 | -- |
| 2015 | $3,316 | $71,240 |
| 2014 | $3,316 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37412
Nearby schools
GreatSchools rating
- 2/10Spring Creek Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10East Ridge Middle SchoolGrades: 6-8Distance: 1.4 mi
- 3/10East Ridge High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: East Ridge Elementary
- Middle: East Ridge Middle
- High: East Ridge High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Hamilton County
- East Ridge
- 37412
- 1500 Keeble St








