185 W Ridgewood Avenue
Chattanooga, TN 37415
- – beds
- – baths
- 2,646 sqft
- ~1/2 acre lot
- $170 per sqft
- 1970 build
- – on site
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.
Last checked:
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Last updated Apr 9, 2025
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MLS# 1510637 —
The Building
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Year Built:1970
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New Construction:false
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Builder Name:None
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Stories:2
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Stories Total:None
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Basement:false
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Building Area Total:2646.0
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Above Grade Finished Area:2646.0
Interior
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Furnished:None
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Fireplace:false
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Zoning Description:None
Room Dimensions
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Living Area:2646.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:From US-27 N, Exit onto Dayton Blvd, Turn left onto W Ridgewood Ave, property will be on the right.
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Latitude:35.092881
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Longitude:-85.313085
The Property
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Parcel Number:126c G 010
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Direction Faces:None
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Possible Use:None
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Lot Size Acres:0.47
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Lot Size Area:0.47
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Lot Size Dimensions:79.5X246.6
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Lot Size SqFt:20473.2
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Lot Size Units:Acres
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Lot Size Source:None
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Zoning:None
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Topography:None
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View:false
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Pool Private:No
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (423) 529-0696
- Office phone:
- (844) 591-7325
Taxes
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Tax Legal Description:LOT 6 JEAN FAUX SWEETLAND PB10 PG43
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Tax Annual Amount:3686.21
Baths
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
Heating & Cooling
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Heating:No
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Cooling:Electric, Wall Unit(s)
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Cooling:true
Utilities
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
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Green Energy Generation:None
Appliances
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Appliances:Refrigerator, Electric Oven
Schools
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Elementary School:Red Bank Elementary
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Elementary School District:None
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Middle Or Junior School:Red Bank Middle
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Middle Or Junior School District:None
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High School:Red Bank High School
The Community
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Subdivision Name:None
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Senior Community:false
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
Parking
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Attached Garage:false
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Parking Features:Asphalt, Assigned, Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/8/25
Apr 8, 2025
|
Listed / Active | CHTMLS | $450,000 |