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For sale
  • $450,000

    185 W Ridgewood Ave, Chattanooga, TN 37415

    4beds
    2,646sqft
    : 
    Quadruplex
    Built in 1970
    -- sqft lot
    $437,100 Zestimate®
    $170/sqft
    $-- HOA

    What's special

    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.
    18 days
    on Zillow
    |
    415
    |
    36
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 09, 2025 at 10:35am

    Listed by:

    Corey Ballew 423-529-0696,

    Real Broker 844-591-7325

    Source: Greater Chattanooga Realtors,MLS#: 1510637
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 185 W Ridgewood Ave.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Cooling
    • Electric, Wall Unit(s)
    Appliances
    • Included: Refrigerator, Electric Oven
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,646
    • Total interior livable area: 2,646 sqft
    • Finished area above ground: 2,646

    Property

    Parking
    • Parking features: Asphalt, Assigned, Off Street
    Features
    • Stories: 2
    Lot
    • Size: 0.47 Acres
    • Dimensions: 79.5 x 246.6
    Details
    • Parcel number: 126c G 010

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $170/sqft
    • Annual tax amount: $3,686
    • Date on market: 4/8/2025
    • Listing terms: Cash,Conventional,FHA,VA Loan
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