Perfectly positioned in the heart of Chattanooga's vibrant Art District, this exceptional six-unit building offers an incredible opportunity for both short-term and long-term rentals. Perched overlooking the city, the property places residents and guests within walking or biking distance of downtown's best shopping, dining, museums, the aquarium, and the popular North Shore district.
Each unit has been thoughtfully designed with its own unique floorplan, creating character and appeal for a variety of tenants. All units feature spacious kitchens, spa-inspired bathrooms, in-unit washers and dryers, and stylish finishes throughout. With an unbeatable location, stunning city views, and easy access to Chattanooga's most sought-after attractions, this is a rare investment opportunity in one of the city's fastest-growing and most desirable neighborhoods.
For sale
$1,580,000
406 High St, Chattanooga, TN 37403
6beds
4,300sqft
Mixed Use
Built in 1920
-- sqft lot
$-- Zestimate®
$367/sqft
$-- HOA
What's special
Stylish finishes throughoutIn-unit washers and dryersPerched overlooking the cityUnique floorplanStunning city viewsSpacious kitchensSpa-inspired bathrooms
- 24 days |
- 1,128 |
- 60 |
Zillow last checked:
Listing updated:
Listed by:
Jim T Lea 423-779-2354,
Keller Williams Realty 423-664-1600,
Alissa Norgren 253-686-9045,
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1536363
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dryer, Electric Range, Microwave, Oven, Refrigerator
- Laundry: In Unit
Features
- Flooring: Hardwood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,300
- Total interior livable area: 4,300 sqft
- Finished area above ground: 4,300
Property
Parking
- Parking features: On Street
Features
- Levels: Three Or More
Lot
- Size: 2,178 Square Feet
- Dimensions: 41.21 x 64.54
- Features: City Lot, Level
Details
- Parcel number: 135m F 012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Mixed Use
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Chatt Land Coal Iron
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $550,800
- Annual tax amount: $7,591
- Date on market: 6/8/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$2,790/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $1,580,000+375.9%$367/sqft |
Source: Greater Chattanooga Realtors #1536363 Report a problem | ||
| 3/13/2017 | Sold | $332,000+155.4%$77/sqft |
Source: Greater Chattanooga Realtors #1258169 Report a problem | ||
| 4/23/2001 | Sold | $130,000$30/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,339 +71.5% | $220,320 +153.1% |
| 2024 | $1,948 | $87,050 |
| 2023 | $1,948 | $87,050 |
| 2022 | $1,948 | $87,050 |
| 2021 | $1,948 +14.4% | $87,050 +41.4% |
| 2020 | $1,703 | $61,575 |
| 2019 | $1,703 | $61,575 |
| 2018 | $1,703 -47.3% | $61,575 |
| 2017 | $3,231 +9% | $61,575 |
| 2016 | $2,963 | -- |
| 2015 | $2,963 | $56,125 |
| 2014 | $2,963 -8.8% | -- |
| 2013 | $3,247 | $56,125 -12.3% |
| 2012 | $3,247 -50% | $64,000 -50% |
| 2011 | $6,495 +115.7% | $128,000 +100% |
| 2009 | $3,011 | $64,000 -22.3% |
| 2008 | -- | $82,350 |
| 2006 | -- | $82,350 +100% |
| 2005 | -- | $41,175 +27.5% |
| 2004 | -- | $32,300 |
| 2003 | -- | $32,300 +2.7% |
| 2002 | -- | $31,450 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: City Center/Downtown
Nearby schools
GreatSchools rating
- 4/10Tommie F. Brown International AcademyGrades: PK-5Distance: 0.7 mi
- 3/10Orchard Knob Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10The Howard SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Brown 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.
A local agent can set up tours, give advice and negotiate with sellers.
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