AMAZING Investment Opportunity! This beautifully updated tri-plex is located in the Highland Park community and is just minutes to downtown, parks, restaurants, shopping and hospitals. Unit A features a living room, kitchen, 2 bedrooms and 2 bath. Unit B is on the 2nd level with hardwood floors and an open floor plan. This unit has a living room, kitchen, dining area, owner's suite with private bath, 2 additional bedrooms and full bath. Unit C is a 1 bedroom, 1 bath studio apartment. All units are empty and hold the potential for a great investment opportunity! There is plenty of off street parking. Make your appointment for your private showing today.
Sold for $635,000
$635,000
1508 Bailey Ave, Chattanooga, TN 37404
6beds
2,956sqft
Triplex
Built in 1920
-- sqft lot
$590,400 Zestimate®
$215/sqft
$1,485 Estimated rent
Home value
$590,400
$520,000 - $667,000
$1,485/mo
Zestimate® history
Owner options
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$1,485/mo
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$1,485/mo
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$3,715/mo
Est. payment
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$3,715/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Mark W Hite 423-667-2459,
Real Estate Partners Chattanooga LLC
Bought with:
David Hanson, 338923
EXP Realty, LLC
Source: Greater Chattanooga Realtors,MLS#: 1376939
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central
Cooling
- Central Air
Features
- Open Floorplan
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,956
- Total interior livable area: 2,956 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Patio & porch: Deck, Patio
Lot
- Size: 6,534 sqft
- Dimensions: 50 x 135
- Features: Level
Details
- Parcel number: 146j G 028
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Chattanooga
- Subdivision: Highland Park #2
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2024 | Listing removed | -- |
Source:  RealTracs MLS as distributed by MLS GRID #2551016 Report a problem | ||
| 4/2/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/1/2024 | Listed for rent | $1,950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/5/2023 | Sold | $635,000-4.5%$215/sqft |
Source: Greater Chattanooga Realtors #1376939 Report a problem | ||
| 7/27/2023 | Contingent | $665,000$225/sqft |
Source: Greater Chattanooga Realtors #1376939 Report a problem | ||
| 7/21/2023 | Listed for sale | $665,000$225/sqft |
Source: Greater Chattanooga Realtors #1376939 Report a problem | ||
| 7/21/2023 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1372267 Report a problem | ||
| 7/11/2023 | Price change | $665,000-4.9%$225/sqft |
Source: Greater Chattanooga Realtors #1372267 Report a problem | ||
| 6/19/2023 | Listed for sale | $699,000-3.6%$236/sqft |
Source: Greater Chattanooga Realtors #1372267 Report a problem | ||
| 5/12/2023 | Contingent | $725,000$245/sqft |
Source: Greater Chattanooga Realtors #1372267 Report a problem | ||
| 4/24/2023 | Listed for sale | $725,000+4164.7%$245/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2510928 Report a problem | ||
| 10/2/1995 | Sold | $17,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,401 +87.9% | $158,400 +177.3% |
| 2024 | $1,278 | $57,120 |
| 2023 | $1,278 | $57,120 |
| 2022 | $1,278 | $57,120 |
| 2021 | $1,278 +4.7% | $57,120 +29.5% |
| 2020 | $1,220 | $44,120 |
| 2019 | $1,220 | $44,120 |
| 2018 | $1,220 -48.1% | $44,120 |
| 2017 | $2,351 +1.9% | $44,120 |
| 2016 | $2,307 | -- |
| 2015 | $2,307 | $43,200 |
| 2014 | $2,307 +107.8% | -- |
| 2013 | $1,111 | $43,200 +7.6% |
| 2012 | $1,111 | $40,160 |
| 2011 | $1,111 | $40,160 |
| 2010 | $1,111 | $40,160 |
| 2009 | $1,111 | $40,160 +24.6% |
| 2008 | -- | $32,240 |
| 2007 | -- | $32,240 |
| 2006 | -- | $32,240 |
| 2005 | -- | $32,240 +26.9% |
| 2004 | -- | $25,400 |
| 2003 | -- | $25,400 |
| 2002 | -- | $25,400 |
| 2001 | -- | $25,400 +13.8% |
| 2000 | -- | $22,320 |
Find assessor info on the county website
Neighborhood: Highland Park
Nearby schools
GreatSchools rating
- 3/10Orchard Knob Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Orchard Knob Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10The Howard SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Orchard Knob Elementary
- Middle: Orchard Knob Middle
- High: Howard School of Academics & Tech
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$590,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$590,400
- Tennessee
- Hamilton County
- Chattanooga
- 37404
- Highland Park
- 1508 Bailey Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
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