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32 S Germantown Road, Chattanooga, TN 37411

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For Sale
Sale Pending

$675,000

4,644 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $145.35
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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
MLS# 1514603

Courtesy Of Keller Williams Realty Greater Downtown

(423) 664-1900

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Deck, Porch, Patio
  • Appliances
    Dishwasher, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Stone, Wood Siding
  • Floor Covering
    Carpet, Vinyl
  • Lot Size
    0.31 Acres

Map and Directions

Directions to 32 S Germantown Road, Chattanooga, TN 37411

Home seller CENTURY 21 Prestige

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Prestige

(423) 498-3200
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Monthly Payment Breakdown

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Copyright © 2025 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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