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Off market
  • Tax assessed value
    $481,700

    507 W 42nd St, Chattanooga, TN 37410

    7beds
    3,294sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $146/sqft
    $2,553 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,553/mo

    Zestimate® history
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    What's special

    INVESTOR OPPORTUNITY! This parcel includes two houses with four units total. The larger house (507) is a triplex and there is a separate 4/1 brick home(pictures shown) next door(505). Both houses have new roofs as of 2018. 4/1 Brick home is currently rented. Electrical, Plumbing, Flooring, Framing, & Cosmetic repairs needed on Triplex. Potential rental income $3600/month with all 4 units turned.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other, Electric, Gas
    Cooling
    • Central
    Interior area
    • Total interior livable area: 3,294 sqft

    Property

    Features
    • Exterior features: Other, Brick
    Lot
    • Size: 0.48 Acres
    Details
    • Parcel number: 155NL015

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1920

    Community & HOA

    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $146/sqft
    • Tax assessed value: $481,700
    • Annual tax amount: $2,894

    Price history

    DateEventPrice
    3/15/2023Sold$220,000-15.4%$67/sqft
    Source: Greater Chattanooga Realtors #1367555 Report a problem
    2/7/2023Pending sale$259,900$79/sqft
    Source: Greater Chattanooga Realtors #1367555 Report a problem
    1/13/2023Listed for sale$259,900+57.6%$79/sqft
    Source: RCAR #20230182 Report a problem
    1/12/2023Listing removed--
    Source: Owner Report a problem
    1/4/2023Listed for sale$164,900+279.1%$50/sqft
    Source: Owner Report a problem
    2/22/2017Sold$43,500-20.8%$13/sqft
    Source: Public Record Report a problem
    11/29/2016Price change$54,900-12.7%$17/sqft
    Source: Keller Williams - Chattanooga - Downtown #1253006 Report a problem
    10/22/2016Price change$62,900-7.4%$19/sqft
    Source: Keller Williams - Chattanooga - Downtown #1253006 Report a problem
    9/25/2016Listed for sale$67,900+210.9%$21/sqft
    Source: Keller Williams - Chattanooga - Downtown #1253006 Report a problem
    7/22/2016Sold$21,840+45.6%$7/sqft
    Source: Public Record Report a problem
    7/14/2016Price change$15,000-91.6%$5/sqft
    Source: Auction.com Report a problem
    6/25/2016Listed for sale--
    Source: Auction.com Report a problem
    11/19/2009Listing removed$178,000$54/sqft
    Source: Crye-Leike of the South, Inc. #1136900 Report a problem
    11/6/2009Listed for sale$178,000$54/sqft
    Source: Crye-Leike of the South, Inc. #1136900 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,894 +226.3%$190,955 +381.6%
    2024$887 $39,648
    2023$887 $39,648
    2022$887 $39,648
    2021$887 +40.1%$39,648 +73.1%
    2020$633 $22,900
    2019$633 $22,900
    2018$633 -50.6%$22,900
    2017$1,281 +1012.1%$22,900
    2016$115 --
    2015$115 -93.1%$30,600
    2014$1,668 +6.8%--
    2013$1,562 $30,600 -0.6%
    2012$1,562 $30,785
    2011$1,562 $30,785
    2010$1,562 $30,785 +11.4%
    2008-- $27,635
    2007-- $27,635
    2006-- $27,635
    2005-- $27,635 +15.9%
    2004-- $23,840
    2003-- $23,840
    2001-- $23,840 +8.8%
    2000-- $21,920
    Find assessor info on the county website

    Neighborhood: Oak Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Donaldson Elementary
    • High: Howard School of Academics & Tech

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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