185 W Ridgewood Avenue, Chattanooga, TN 37415
- 2,646 sqft
Multi-Family Home
Built in 1970
0.47acre lot
—— car garage
$170/sqft
Listed 3 months ago
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.
- Listing Status:
- Active
- Date Added:
- May 26, 2025 at 05:00AM
- Listing Office:
- Real Broker : 844-591-7325
- MLS ID:
- 1510637

- Appliances: Electric OvenRefrigerator
- A/C: ElectricWall Unit(s)
This listing courtesy of Real Broker
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Red Bank Elementary School
1100 Mountain Creek Rd, Chattanooga, TN, 37405
Grades PK-5
1.34 miles away
Red Bank Middle School
3701 Tom Weathers Dr, Chattanooga, TN, 37415
Grades 6-8
2.00 miles away
Red Bank High School
640 Morrison Springs Rd, Chattanooga, TN, 37415
Grades 9-12
2.10 miles away