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..
Sold for $750,000
$750,000
1921 Emerson Dr, Chattanooga, TN 37408
9beds
4,352sqft
Mixed Use
Built in 1910
-- sqft lot
$-- Zestimate®
$172/sqft
$1,708 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,708/mo
Zestimate® history
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$4,455/mo
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List your homeWhat's special
Three duplexesTwo-room studio
Zillow last checked:
Listing updated:
Listed by:
Diana Davies 703-764-0907,
Real Estate Partners Chattanooga LLC
Bought with:
Diana Davies, 356940
Real Estate Partners Chattanooga LLC
Source: Greater Chattanooga Realtors,MLS#: 1523700
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 5
Heating
- Varies by Unit
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Electric Oven, Refrigerator
- Laundry: None
Features
- Tub/shower Combo, Plumbed, Walk-In Closet(s)
- Flooring: Ceramic Tile, Linoleum, Tile
- Windows: Aluminum Frames, Double Pane Windows
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,352
- Total interior livable area: 4,352 sqft
- Finished area above ground: 4,352
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Off Street, Unpaved
Accessibility
- Accessibility features: Accessible Bedroom, Accessible Closets, Accessible Central Living Area, Accessible Doors, Accessible Entrance, Accessible Electrical and Environmental Controls, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Approach with Ramp
Features
- Levels: One
- Patio & porch: Front Porch, Porch
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 9,147 Square Feet
- Dimensions: 61 x 140
- Features: City Lot, Gentle Sloping, Level, Near Public Transit
Details
- Parcel number: 145m A 011
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Mixed Use
Materials
- Brick Veneer, Concrete, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Fixer
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Features: Restaurant, Street Lights, Sidewalks
- Security: Security Lights
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $172/sqft
- Tax assessed value: $1,440,000
- Annual tax amount: $4,523
- Date on market: 11/8/2025
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Sold | $750,000-11.8%$172/sqft |
Source: Greater Chattanooga Realtors #1523700 Report a problem | ||
| 3/28/2026 | Contingent | $850,000$195/sqft |
Source: Greater Chattanooga Realtors #1523700 Report a problem | ||
| 3/16/2026 | Price change | $850,000-14.9%$195/sqft |
Source: Greater Chattanooga Realtors #1523700 Report a problem | ||
| 11/8/2025 | Listed for sale | $999,000+566%$230/sqft |
Source: Greater Chattanooga Realtors #1523700 Report a problem | ||
| 4/2/2014 | Sold | $150,000+200%$34/sqft |
Source: Public Record Report a problem | ||
| 8/11/2003 | Sold | $50,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,730 +287.1% | $576,000 +471.4% |
| 2024 | $2,255 | $100,800 |
| 2023 | $2,255 | $100,800 |
| 2022 | $2,255 | $100,800 |
| 2021 | $2,255 +13.3% | $100,800 +40% |
| 2020 | $1,991 | $72,000 |
| 2019 | $1,991 | $72,000 |
| 2018 | $1,991 -47% | $72,000 |
| 2017 | $3,757 +34.4% | $72,000 |
| 2016 | $2,794 | -- |
| 2015 | $2,794 | $52,800 |
| 2014 | $2,794 +172.2% | -- |
| 2013 | $1,026 | $52,800 +64.6% |
| 2008 | -- | $32,080 |
| 2007 | -- | $32,080 |
| 2006 | -- | $32,080 |
| 2005 | -- | $32,080 +143% |
| 2004 | -- | $13,200 |
| 2002 | -- | $13,200 |
| 2001 | -- | $13,200 -2% |
| 2000 | -- | $13,465 |
Find assessor info on the county website
Neighborhood: Southside
Nearby homes
- $--1 bd1 ba500 sqft1921 Emerson Dr #3, Chattanooga, TN 37408Off Market
- $568,9001 Acres20 W 19th St, Chattanooga, TN 37408Off Market
- $2,303,200-- bd-- ba9.3k sqft28 W 19th St, Chattanooga, TN 37408Off Market
- $--1 bd1 ba570 sqft28 W 19th St #100, Chattanooga, TN 37408Off Market
- $--2 bd2 ba865 sqft28 W 19th St #103, Chattanooga, TN 37408Off Market
- $812,6004 bd5 ba2.5k sqft34 W 19th St, Chattanooga, TN 37408Off Market
- $1,5001 AcresMarket St, Chattanooga, TN 37408Off Market
- $677,5003 bd2 ba2k sqft1910 Long St, Chattanooga, TN 37408Off Market
Nearby schools
GreatSchools rating
- 6/10Battle Academy for Teaching LearningGrades: PK-5Distance: 0.2 mi
- 3/10Orchard Knob Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10The Howard SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Battle Academy
- 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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- Tennessee
- Hamilton County
- Chattanooga
- 37408
- Southside
- 1921 Emerson Dr
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