Sold for $675,000
$675,000
32 S Germantown Rd, Chattanooga, TN 37411
8beds
4,644sqft
Quadruplex
Built in 1981
-- sqft lot
$670,700 Zestimate®
$145/sqft
$1,369 Estimated rent
Home value
$670,700
$630,000 - $711,000
$1,369/mo
Zestimate® history
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Owner options
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What's special
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
Zillow last checked: 8 hours ago
Listing updated: July 31, 2025 at 07:12am
Listed by:
Simeon Hinchman 423-770-7444,
Keller Williams Realty
Bought with:
Jeremiah Reynolds, 328562
Horizon Sotheby's International Realty
Source: Greater Chattanooga Realtors,MLS#: 1514603
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central
Cooling
- Central Air, Multi Units
Appliances
- Included: Dishwasher, Electric Oven, Electric Water Heater, Refrigerator
- Laundry: In Unit
Features
- Flooring: Carpet, Luxury Vinyl
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,644
- Total interior livable area: 4,644 sqft
- Finished area above ground: 4,644
Property
Parking
- Parking features: Driveway, Parking Lot
Features
- Patio & porch: Deck, Patio, Porch - Covered
- Exterior features: Balcony
Lot
- Size: 0.31 Acres
- Dimensions: 68 x 200
Details
- Parcel number: 157a B 036
- Special conditions: Investor,Personal Interest
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stone, Wood Siding
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chattanooga
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2025 | Sold | $675,000$145/sqft |
Source: Greater Chattanooga Realtors #1514603 Report a problem | ||
| 6/26/2025 | Contingent | $675,000$145/sqft |
Source: Greater Chattanooga Realtors #1514603 Report a problem | ||
| 6/13/2025 | Listed for sale | $675,000+75.4%$145/sqft |
Source: Greater Chattanooga Realtors #1514603 Report a problem | ||
| 6/23/2021 | Sold | $384,900$83/sqft |
Source: Greater Chattanooga Realtors #1336258 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 37411
Nearby schools
GreatSchools rating
- 3/10East Ridge Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 4/10Dalewood Middle SchoolGrades: 6-8Distance: 2 mi
- 3/10Brainerd High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: East Ridge Elementary
- Middle: Dalewood Middle
- High: Brainerd High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$670,700


