407 Colville St

Chattanooga, TN 37405

$574,000
Price
5
Beds
3
Baths
2,174 Sq. Ft.
$264 / Sq. Ft.
2,174
Sq. Ft.
$264
per Sq. Ft.
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a view of house with a yard
a living room with furniture a flat screen tv and a fireplace
a living room with furniture and a ceiling fan
a kitchen with stainless steel appliances granite countertop a refrigerator a stove a sink a dining table and chairs
a kitchen with stainless steel appliances granite countertop a sink a stove and refrigerator
a bedroom with a large bed and a chandelier
a bathroom with a toilet and a shower curtain
an empty room with wooden floor and a window
a view of a room
a front view of a house with a yard
an empty room with wooden floor and windows
an empty room with wooden floor and windows
a bathroom with a sink a toilet and shower
a kitchen with a refrigerator a stove a sink and a refrigerator
a kitchen with a stove a sink and a refrigerator
a bathroom with a shower and a sink
a front view of a house with a yard
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Description

Amazing income producing triplex in the heart of Chattanooga's Northshore. Main floor is occupied with a 3 bedroom/1 bath unit on main rented for 2 years from Dec 2025 to Dec 2027 at $1700 per month. Unit B is accessed from the front lower level. Outside door is open with stairs to Unit B which is a 1 bedroom 1 bath unit. This unit is available to lease at $1250 per month. Unit C is an efficiency accessed from the upstairs deck at the back of the property. This unit has been rented at $850 from Jan...Amazing income producing triplex in the heart of Chattanooga's Northshore. Main floor is occupied with a 3 bedroom/1 bath unit on main rented for 2 years from Dec 2025 to Dec 2027 at $1700 per month. Unit B is accessed from the front lower level. Outside door is open with stairs to Unit B which is a 1 bedroom 1 bath unit. This unit is available to lease at $1250 per month. Unit C is an efficiency accessed from the upstairs deck at the back of the property. This unit has been rented at $850 from Jan 2026 to Jan 2027. This prime location is across from a community park with playground and tennis, and is in close proximity to Walnut Street bridge, boutiques, dining, grocery and entertainment. Set in a lovely neighborhood, in a good school district, with sidewalks and mature landscaping, just across from tennis and a playground, this location can not be beat! Selling as part of a 1031 exchange, with existing tenants. Recent updates include: 1. Sewer line replaced from house to street (2024), 2. Updated breaker box from tube to modern breakers (2024), 3. Added minisplit to Apartment C (2024), 4. Renovated kitchenette in Apartment C (2024), 5. Updated refrigerator, oven/stove in Apartment A and added built-in microwave (2024), 6. Rebuilt exterior staircase for Apartment C (2024) 7. Added a programmable thermostat in Apt B and a smart thermostat in Apt A. (2024) 8. New range/oven for Apt A (Feb 2026)
  1. Listed by Reena Nichols • HomeSmart

Property Details for 407 Colville Street

Pets Allowed
No
Subdivision Name
Colvilles Addn
Waterfront
No
LISTING UPDATED: 05/02/2026 06:53 PM

Property Details for 407 Colville Street

StatusActive
MLS #3013802
Days on Market225
Taxes$6,233 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size-
CountyHamilton County
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Location

Listing Courtesy of HomeSmart, Reena Nichols (470.428.6637)
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Building Information for 407 Colville Street

Stories2Residences3Year Built1920Building Size-Lot Size-

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$3,380 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,860

Property Taxes

$519

HOA Dues

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Property Information for 407 Colville Street

Summary
Location and General Information
  • Directions: From Market St/8 and Frazier Ave go East on Frazier Ave and turn L (North) on Forest Ave. Travel approx. 1/2 a mile to R (East) on Colville. The property is on your left.
  • Elementary School: Normal Park Museum Magnet School
  • High School: Red Bank High School
  • Levels: Two
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Middle Or Junior School: Normal Park Museum Magnet School
  • Mlg Can View: Yes
  • Zoning: RN-3
Parking
  • Total Non Garage Parking Spaces: 5.0
  • Garage Spaces: .00
  • Parking Features: Alley Access, On Street, Unpaved
  • Parking Total: 5.00
Taxes and HOA Information
  • Condo Coop Association YN: No
  • Tax Legal Description: LOT 2 COLVILLES ADDN N/R
Property
Building Information
  • Above Grade Finished Area Source: Appraiser
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Appraiser
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Appraiser
  • Building Area Units: Square Feet
  • Flooring: Wood, Laminate
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 135D J 024
  • Structure Type: Triplex
Property and Assessments
  • Community Features: None
  • Construction Materials: Vinyl Siding
  • Documents Count: 4
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 2
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Other
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Washer/Dryer, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Free-Standing Refrigerator, Free-Standing Range, Electric Range, Electric Oven, Dryer
  • Fireplace: No
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Other Equipment: None
  • Window Features: Blinds, Drapes, Insulated Windows
Exterior Features
  • Attached Garage: No
  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Foundation Details: Block
  • Garage: No
  • Pool Private: No
  • Roof: Metal
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Unit 1
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Rental Information
Rental Information
  • Rent Includes: None
  • Tenant Pays: Electricity, Trash Collection, Water
  • Total Actual Rent: $3,900

Property History for 407 Colville Street

DateEvent & SourcePriceAppreciation
May 2, 2026

Price Change

Greater Chattanooga Association of REALTORS #1521911

$574,000—
May 2, 2026

Price Change

REALTRACS #3013802

$574,000—
Apr 4, 2026

Expired

REALTRACS #3046043

$579,000—
DateEvent & SourcePrice
05/02/2026

Price Change

Greater Chattanooga Association of REALTORS #1521911

$574,000
05/02/2026

Price Change

REALTRACS #3013802

$574,000
04/04/2026

Expired

REALTRACS #3046043

$579,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 407 Colville Street

Taxable ValueLand-Additions-Total-
Tax Record2025$2,661 ($222 / month)
Home Facts
Beds0Total Finished SqFt2,218 SqFtAbove Grade Finished SqFt2,218 SqFtStories2Lot Size6,870 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1965ZoningR3CountyHAMILTONAPN135D J 024

Schools near 407 Colville Street

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Normal Park Museum Magnet School
Public - PK to 8
Red Bank High School
Public - 9 to 12
Chatt High Center For Creative Arts
Public - 6 to 12
Chattanooga School For The Arts And Science Csas L
Public - K to 5
Rating
School
Distance
Normal Park Museum Magnet School
PublicPK to 8

Red Bank High School
Public9 to 12

Chatt High Center For Creative Arts
Public6 to 12

Chattanooga School For The Arts And Science Csas L
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 407 Colville Street, Chattanooga, TN 37405

407 Colville Street is a multi-family home for sale in Chattanooga, TN 37405. This property was listed for sale on October 8, 2025 by HomeSmart, it's currently listed at $574,000. It has been on the market for a total of 225 days and was last sold on October 13, 2023. This listing's school district is Hamilton County School District. Nearby schools include Normal Park Museum Magnet School, Red Bank High School and Chatt High Center For Creative Arts. 407 Colville Street is a 5-bed, 3-bath, 2,174 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart, Reena Nichols (470.428.6637)

Based on information submitted to the MLS GRID as of 05/02/2026 06:53 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.