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For sale
  • $675,000

    32 S Germantown Rd, Chattanooga, TN 37411

    8beds
    4,644sqft
    : 
    Quadruplex
    Built in 1981
    -- sqft lot
    $662,200 Zestimate®
    $145/sqft
    $-- HOA

    What's special

    Updated bathroomsFully remodeled kitchensBrand-new appliancesNew carpet in bedroomsUpdated hardware and lightingNew lvp flooring
    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
    11 days
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    Zillow last checked: 7 hours ago

    Listing updated: June 12, 2025 at 05:33pm

    Listed by:

    Simeon Hinchman 423-883-1282,

    Keller Williams Realty 423-664-1900

    Source: Greater Chattanooga Realtors,MLS#: 1514603
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 32 S Germantown Rd.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Central
    Cooling
    • Central Air, Multi Units
    Appliances
    • Included: Refrigerator, Electric Water Heater, Electric Oven, Dishwasher
    • 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
    • Stories: 2
    • 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

    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 & HOA

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

    Financial & listing details

    • Price per square foot: $145/sqft
    • Annual tax amount: $4,070
    • Date on market: 6/13/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: All Utilities
    • Road surface type: Asphalt
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