1921 Emerson Drive, Chattanooga, TN 37408
Local realty services provided by:CENTURY 21 BELLORA
1921 Emerson Drive,Chattanooga, TN 37408
$999,000
- - Beds
- - Baths
- 4,352 sq. ft.
- Multi-family
- Active
Listed by: diana davies
Office: real estate partners chattanooga llc.
MLS#:1523700
Source:TN_CAR
Price summary
- Price:$999,000
- Price per sq. ft.:$229.55
About this home
PRIME INVESTMENT OPPORTUNITY in the Heart of the Southside! Value confirmed by recent appraisal.
LOCATION, LOCATION,LOCATION! This exceptional multi-family investment property sits in the vibrant Southside district—one of Chattanooga's fastest-growing neighborhoods. The property includes four buildings: three duplexes (each featuring a two-room studio) and one standalone unit offering 3 bedrooms and 1 bathroom.
Situated within a federally designated OPPORTUNITY ZONE, this property provides substantial tax advantages for investors. With MIXED-USE COMMERCIAL ZONING, you'll have the flexibility to:
Continue operating as a multi-family rental property
Reposition for higher-yield residential or short-term rentals
Explore creative redevelopment or mixed-use possibilities
Flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. Its location near the transformative South Broad District and new Lookouts Stadium development further enhances long-term value and demand.
Positioned in an Opportunity Zone with redevelopment upside, this property offers a compelling blend of current utility, tax-advantaged investment potential, and strategic growth positioning.
Whether you're seeking steady cash flow or looking for a dynamic development project, this Southside property delivers exceptional potential in one of Chattanooga's most desirable investment corridors
ADJACENT PROPERTY ALSO AVAILABLE FOR SALE..
Contact an agent
Home facts
- Year built:1910
- Listing ID #:1523700
- Added:35 day(s) ago
- Updated:December 11, 2025 at 07:50 PM
Rooms and interior
- Living area:4,352 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Window Unit(s)
Structure and exterior
- Roof:Metal
- Year built:1910
- Building area:4,352 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$229.55
- Tax amount:$4,523
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