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$675,000
$675,000

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MLS® 2964207

  • Key Facts
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Key Facts

Type Quadruplex
Levels Residential Income
Size 4644 sqft
Garage No
Taxes $4,071
Lot Size 
Approx. Age 1981
Avg. Price Per Sqft $145
MLS® Number 2964207

Property Address: 32 S Germantown Rd, Chattanooga, TN, 37411-6201

Average square foot calculated using Size range provided by listing agent.

Description

Renovated Quadplex with Strong Income - 32 S Germantown Rd, Chattanooga, TN Cash-flowing, and fully renovated—welcome to 32 S Germantown Rd, a high-performing quadplex featuring four spacious 2-bedroom, 2-bathroom units in one of Chattanooga's most accessible corridors. This income-producing property is fully occupied with a monthly rent roll of $4, 975, and tenants pay all utilities, keeping operating expenses low and returns high. Renovation Highlights: •New LVP Flooring + new carpet in bedrooms •Fully remodeled kitchens with modern layouts and finishes •Brand-new appliances •Updated bathrooms with new vanities, fixtures, toilets, and finishes •Fresh interior and exterior paint for a clean, modern feel •Updated hardware & lighting throughout Rent Roll: Unit 1: $1, 200/mo Unit 2: $1, 300/mo Unit 3: $1, 175/mo Unit 4: $1, 300/mo Total: $4, 975/month Investment Highlights: •Flexible month to month lease terms ready to increase income •Forced appreciation through available income growth •Tenants pay all utilities - low owner expenses •Located minutes from downtown Chattanooga, Brainerd, and I-24 •Strong area for long-term appreciation and rental growth •Ideal for long-term buy-and-hold, house hacking, or 1031 exchange •Perfect for owner-occupants - live in one unit and rent the others to offset your mortgage and build wealth This is a rare opportunity to own a cash-flowing multifamily asset in a strong Chattanooga income and equity market. Whether you're an experienced investor or first-time multifamily buyer, this quadplex checks all the boxes. *No showings of occupied units until accepted offer in place *Agent is an immediate family member of seller
MLS® Number2964207
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1981
Basement
DrivewayDetached, Driveway, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Jul 31, 2025End Date
$675,000Sold Price

Sold

Jun 10, 2025List Date
$675,000List Price
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Starting Address
Destination Address
32 S Germantown Rd, Chattanooga, TN

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