185 Ridgewood AVE Active Save Request In-Person Tour Request Virtual Tour
Chattanooga,TN 37415
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,646 sqft
Price per Sqft $170
MLS Listing ID 1510637
Year Built 1970
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 79.5X246.6
Property Sub-Type Quadruplex
Source Greater Chattanooga REALTORS®
Property Description
Excellent Quadplex Investment Opportunity in Red Bank!
Discover this rare four-unit property in the heart of Red Bank, just minutes from Downtown Chattanooga, making it an ideal location for both tenants and investors. Located near some of the area's best amenities, your future residents will love the quick access to local favorites like Red Bank restaurants, White Oak Dog Park, and the scenic trails of Stringers Ridge.
Each unit offers a 1-bedroom, 1-bath layout—perfect for maximizing rental efficiency and appealing to renters looking for location, simplicity, and value. With rents currently as high as $1,300/month, this property offers strong cash-flow potential and room to grow. One unit is currently vacant, making it easy to show or perfect for a buyer interested in house hacking—live in one unit and let the others help pay the mortgage!
Whether you're looking to expand your portfolio or break into real estate with a low down payment using FHA, VA, or conventional financing, this quadplex checks all the boxes. These low-maintenance units are easy to get rent-ready and attract long-term tenants who want to be near it all.
Don't miss your chance to own a multifamily property in one of Chattanooga's hottest up-and-coming areas.
Only the vacant unit may be shown. The tenant occupied units may be inspected after an accepted offer.
Location
State TN
County Hamilton
Area 0.47
Interior
Cooling Electric,Wall Unit(s)
Fireplace No
Appliance Refrigerator,Electric Oven
Exterior
Parking Features Asphalt,Assigned,Off Street
Garage Description Asphalt, Assigned, Off Street
Garage No
Building
Faces From US-27 N, Exit onto Dayton Blvd, Turn left onto W Ridgewood Ave, property will be on the right.
Sewer Public Sewer
Water Public
Schools
Elementary Schools Red Bank Elementary
Middle Schools Red Bank Middle
High Schools Red Bank High School
Others
Senior Community No
Tax ID 126c G 010
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan