$999,000
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1921 Emerson Drive Chattanooga, TN 37408
Other
Residence
Beds
Baths
...
Bed/Bath
4,352
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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 buildi...ngs: 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. 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..
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MLS#
1523700
Property Type
Other
Year Built
1910
Square Feet
4,352
sq. ft
Price per Sq. Ft.
$229.55
Lot Size
0.21
Stories
1.0
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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