Turnkey investment opportunity: a fully rebuilt, four-unit multifamily property offering immediate cash flow potential with none of the near-term capital expense risk of older stock. Every unit was renovated down to the studs, combining modern finishes with updated structural and mechanical systems throughout.
Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer -- the kind of finish level that supports strong rents and low turnover. Electric and water utilities are separately metered for simplified expense allocation, and the property includes a full fire sprinkler system and fire hydrant for reduced long-term risk.
Delivered vacant, this property gives an investor full control over tenant selection, lease terms, and rental rates from day one -- ideal for setting rents at true market rate rather than inheriting legacy leases. The unit mix includes three two-bedroom residences and one one-bedroom, and the oversized, R-3-zoned lot may offer additional development or accessory-income potential, subject to buyer verification. A rare chance to acquire renovated, income-ready multifamily in Chattanooga with upside built in.
For sale
$685,000
314 E View Dr, Chattanooga, TN 37404
7beds
3,436sqft
Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$199/sqft
$-- HOA
What's special
Modern finishesFull fire sprinkler systemFire hydrantIn-unit washer and dryerLuxury vinyl plank flooringNew appliancesGranite countertops
- 56 days
- 171
- 19
Zillow last checked:
Listing updated:
Listed by:
Paul Carter 423-660-2773,
Real Estate Partners Chattanooga LLC 423-265-0088
Source: Greater Chattanooga Realtors,MLS#: 1542313
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Ductless, Electric, Varies by Unit
Cooling
- Central Air, Ductless, Electric, Multi Units, Varies by Unit
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Refrigerator, Microwave, Washer/Dryer, Water Heater
- Laundry: Laundry Closet, In Unit
Features
- Split Bedrooms, Breakfast Bar, Granite Counters
- Flooring: Luxury Vinyl
- Windows: Insulated Windows, Vinyl Frames
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,436
- Total interior livable area: 3,436 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Off Street
- Garage spaces: 2
Lot
- Size: 0.4 Acres
- Dimensions: 105 x 200
- Features: Back Yard
Details
- Additional structures: Garage(s)
- Parcel number: 156k L 034
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Pillar/Post/Pier, Slab
- Roof: Asphalt,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Firewall(s), Fire Alarm, Fire Sprinkler System, Smoke Detector(s)
- Subdivision: Scruggs
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $576,000
- Annual tax amount: $5,771
- Date on market: 10/13/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $685,000$199/sqft |
Source: Greater Chattanooga Realtors #1542313 Report a problem | ||
| 9/23/2026 | Pending sale | $685,000$199/sqft |
Source: Greater Chattanooga Realtors #1542313 Report a problem | ||
| 9/6/2026 | Listed for sale | $685,000-14.4%$199/sqft |
Source: Greater Chattanooga Realtors #1542313 Report a problem | ||
| 5/7/2026 | Listing removed | $800,000$233/sqft |
Source: Greater Chattanooga Realtors #1525049 Report a problem | ||
| 12/13/2025 | Listed for sale | $800,000+900%$233/sqft |
Source: Greater Chattanooga Realtors #1525049 Report a problem | ||
| 4/5/2023 | Sold | $80,000$23/sqft |
Source: Greater Chattanooga Realtors #1370618 Report a problem | ||
| 3/18/2023 | Pending sale | $80,000-68.6%$23/sqft |
Source: Greater Chattanooga Realtors #1370618 Report a problem | ||
| 10/29/2021 | Sold | $255,000+493%$74/sqft |
Source: Public Record Report a problem | ||
| 9/3/2008 | Sold | $43,000$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,772 +153.9% | $230,400 +322% |
| 2024 | $2,273 | $54,600 |
| 2023 | $2,273 -0.8% | $54,600 |
| 2022 | $2,291 +87.6% | $54,600 |
| 2021 | $1,222 +9.9% | $54,600 +35.8% |
| 2020 | $1,112 | $40,200 |
| 2019 | $1,112 | $40,200 |
| 2018 | $1,112 -45.4% | $40,200 |
| 2017 | $2,037 +3.8% | $40,200 |
| 2016 | $1,962 | -- |
| 2015 | $1,962 | $37,600 |
| 2014 | $1,962 +26.6% | -- |
| 2013 | $1,550 | $37,600 -32.9% |
| 2012 | $1,550 | $56,040 |
| 2011 | $1,550 | $56,040 |
| 2010 | $1,550 | $56,040 |
| 2009 | $1,550 | $56,040 +10.8% |
| 2008 | -- | $50,600 |
| 2007 | -- | $50,600 |
| 2006 | -- | $50,600 |
| 2005 | -- | $50,600 +20.8% |
| 2004 | -- | $41,880 |
| 2003 | -- | $41,880 |
| 2002 | -- | $41,880 |
| 2001 | -- | $41,880 +7.2% |
| 2000 | -- | $39,080 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 37404
Nearby schools
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.
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