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Sold for $473,999
  • $473,999

    615 Colville St #A-b, Chattanooga, TN 37405

    2beds
    1,624sqft
    Triplex
    Built in 1920
    -- sqft lot
    $476,600 Zestimate®
    $292/sqft
    $1,866 Estimated rent

    Home value

    $476,600

    $453,000 - $500,000

    $1,866/mo

    Zestimate® history
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    What's special

    Large rear lotOff-street parkingMini-split systemsFully encapsulated crawl space
    Turnkey investment opportunity in Hill City-the heart of North Chattanooga! This fully occupied, consistently maintained triplex offers immediate and consistent income from day one. Featuring approximately 2,000 square feet, the property includes TWO 1 bedroom efficiency units, and ONE 2-bedroom unit--providing a strong and balanced rental mix. The property features off-street parking with a large rear lot, offering ample space to comfortably accommodate all units--a rare and valuable amenity that enhances tenant convenience and long-term rental appeal. Recent improvements include mini-split systems replaced in Unit C (approx. 2 years ago) and Unit A (approx. 2.5 years ago), a Jack and Beam system completed in August 2022, with a fully encapsulated crawl space, providing enhanced structural integrity, moisture control, and long-term durability. Windows were replaced approx. 2.5 yrs ago. Units A and C are equipped with stackable washer and dryer units, adding convenience for tenants. Located just minutes from Downtown, Frazier Avenue, and top-rated Normal Park schools, this property sits in a highly desirable historic district with proven, long-term rental demand. Whether you're expanding your portfolio or securing a reliable income-producing asset, this is an opportunity you don't want to miss. Property is being sold as-is.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Dowdy 423-401-8774,

    Coldwell Banker Kinard Commercial

    Bought with:

    Michelle Dowdy, 362494

    Coldwell Banker Kinard Commercial

    Source: Greater Chattanooga Realtors,MLS#: 1531027

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Central, Ductless, Electric
    Cooling
    • Central Air, Other, Zoned
    Features
    • Ceiling Fan(s), High Speed Internet
    • Flooring: Combination
    • Windows: Vinyl Frames
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,624
    • Total interior livable area: 1,624 sqft
    • Finished area above ground: 1,624
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel, Off Street, Parking Lot
    Lot
    • Size: 7,801 Square Feet
    • Dimensions: 50 x 150
    Details
    • Parcel number: 135d K 035
    • Special conditions: Investor
    • Other equipment: Dehumidifier

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Triplex
    Materials
    • Foundation: Block, Concrete Perimeter, Pillar/Post/Pier
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Colvilles Addn
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $292/sqft
    • Annual tax amount: $5,314
    • Date on market: 3/24/2026
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/4/2026Sold$473,999-1.3%$292/sqft
    Source: Greater Chattanooga Realtors #1531027 Report a problem
    3/28/2026Contingent$479,999$296/sqft
    Source: Greater Chattanooga Realtors #1531027 Report a problem
    3/24/2026Listed for sale$479,999$296/sqft
    Source: Greater Chattanooga Realtors #1531027 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lower North Shore

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Normal Park Elementary
    • Middle: Normal Park Upper
    • High: Red Bank High School

    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
    $476,600
    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
    $476,600