Chattanooga, TN 37411,32 S Germantown Road
Chattanooga, TN 37411,32 S Germantown Road
Chattanooga, TN 37411,32 S Germantown Road
Chattanooga, TN 37411,32 S Germantown Road
Chattanooga, TN 37411,32 S Germantown Road
Chattanooga, TN 37411,32 S Germantown Road
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Listed by Simeon Hinchman • Greater Downtown Realty dba Keller Williams Realty

$675,000

$675,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,644 SqFt


SOLD DATE : 07/23/2025

Key Details

Sold Price $675,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,644 sqft

Price per Sqft $145

MLS Listing ID 2964207

Sold Date 07/23/25

HOA Y/N No

Year Built 1981

Annual Tax Amount $4,071

Lot Dimensions 68X200

Property 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

Location

State TN

County Hamilton County

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Other

Fireplace N

Exterior

Utilities Available Water Available

View Y/N false

Roof Type Other

Private Pool false

Building

Sewer Public Sewer

Water Public

Structure Type Stone,Wood Siding

New Construction false

Schools

Elementary Schools East Ridge Elementary School

Middle Schools Dalewood Middle School

High Schools Brainerd High School

Others

Senior Community false

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RealTracs IDX
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 397-1969

joe@shearonsells.com

9175 Carothers Parkway, Suite 110, Franklin, TN, 37067

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