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Sold for $795,000
  • $795,000

    549 S Crest Rd, Chattanooga, TN 37404

    10beds
    4,420sqft
    Quadruplex
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $180/sqft
    $2,738 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,738/mo

    Zestimate® history
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    What's special

    Don't miss this unique opportunity to own a turnkey Quadplex on the crest of Historical Missionary Ridge. Property is being sold fully furnished! This Quadplex has been thoughtfully designed and maintained to incorporate both original charm and tasteful updates. Enter inside to find beautifully restored hardwood floors, high ceilings, and an abundance of natural light. In addition, views from the back of the property boasts 180 degree views of downtown Chattanooga and Lookout Mountain. Each of the four units are fully furnished and leased on a mid-term basis with tenants staying anywhere from 3 to 24 months. Demand is such that vacancies are virtually non-existent. The property is currently fully occupied and grossing $6800/mo. Unit mix consists of three-1 bedroom apartments, and one 2-bedroom apartment. Each is complete with full kitchens, living/dining areas, washer/dryer closets, and master suites. Please be respectful of tenants and do not trespass. Don't hesitate to reach out directly for further information.

    Zillow last checked: 8 hours ago

    Listing updated: November 07, 2024 at 06:33am

    Listed by:

    Chase Buckner 678-787-0156,

    Freestone Property Group

    Bought with:

    Comps Non Member Licensee

    COMPS ONLY

    Source: Greater Chattanooga Realtors,MLS#: 1395037

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Eat-in Kitchen, Open Floorplan
    • Basement: Cellar
    • Has fireplace: Yes
    Interior area
    • Total structure area: 4,420
    • Total interior livable area: 4,420 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Levels: Two
    • Patio & porch: Deck, Patio
    • Has view: Yes
    • View description: Other
    Lot
    • Size: 0.25 Acres
    • Dimensions: 90 x 121.5
    • Features: Brow Lot
    Details
    • Parcel number: 168j T 014

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Aluminum Siding, Stone, Fiber Cement
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Chattanooga
    • Subdivision: Missionary Ridge

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,Owner May Carry

    Price history

    DateEventPrice
    11/6/2024Sold$795,000-2.5%$180/sqft
    Source: Greater Chattanooga Realtors #1395037 Report a problem
    8/26/2024Contingent$815,000$184/sqft
    Source: Greater Chattanooga Realtors #1395037 Report a problem
    7/3/2024Listed for sale$815,000+8.5%$184/sqft
    Source: Greater Chattanooga Realtors #1395037 Report a problem
    1/31/2024Sold$751,000-6%$170/sqft
    Source: Greater Chattanooga Realtors #1380927 Report a problem
    12/22/2023Contingent$799,000$181/sqft
    Source: Greater Chattanooga Realtors #1380927 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,289 -37.5%$57,600 -37.5%
    2023$2,062 $92,160
    2022$2,062 $92,160

    Find assessor info on the county website

    Neighborhood: Missionary Ridge

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: East Ridge Elementary
    • Middle: East Ridge Middle
    • High: East Ridge 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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