1921 Emerson Drive, Chattanooga, TN 37408

$750,000
10
BD
8
BA
4,352
SqFt

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Sold Price
$750,000
List Price
$850,000
Closing Date
Jun 17, 2026
MLS#
1523700
Bedrooms
10
Sq. Ft
4,352
Acres
0.21
Year Built
1910

Property Description

PRIME INVESTMENT OPPORTUNITY in the Heart of the Southside! Value confirmed by recent appraisal. LOCATION, LOCATION,LOCATION! This exceptional multi-family investment property sits in the vibrant Southside district—one of Chattanooga's fastest-growing neighborhoods. The property includes four buildings: three duplexes (each featuring a two-room studio) and one standalone unit offering 3 bedrooms and 1 bathroom. Situated within a federally designated OPPORTUNITY ZONE, this property provides substantial tax advantages for investors. With MIXED-USE COMMERCIAL ZONING, you'll have the flexibility to: Continue operating as a multi-family rental property Reposition for higher-yield residential or short-term rentals Explore creative redevelopment or mixed-use possibilities Flexible zoning permits up to 4 stories of vertical development, and an adjacent parcel is available, enabling larger-scale commercial, mixed-use, or redevelopment projects. Would make an excellent artist community! Its location near the transformative South Broad District and new Lookouts Stadium development further enhances long-term value and demand. Positioned in an Opportunity Zone with redevelopment upside, this property offers a compelling blend of current utility, tax-advantaged investment potential, and strategic growth positioning. Whether you're seeking steady cash flow or looking for a dynamic development project, this Southside property delivers exceptional potential in one of Chattanooga's most desirable investment corridors ADJACENT PROPERTY ALSO AVAILABLE FOR SALE..

Additional Information

Style
Contemporary
Exterior
Brick Veneer, Concrete, Stucco
Interior
Tub/shower Combo, Plumbed, Walk-In Closet(s)
Roof
Metal
Floors
Ceramic Tile, Linoleum, Tile
Foundation
Slab
Appliances
Electric Oven, Refrigerator
Community Features
Restaurant, Street Lights, Sidewalks
Lot Description
City Lot, Gentle Sloping, Level, Near Public Transit
Pool Description
None
Cooling
Ceiling Fan(s), Window Unit(s)
Heating
Varies by Unit
Elementary School
Battle Academy
Middle School
Orchard Knob Middle
High School
Howard School Of Academics & Tech
Financing Available
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Real Estate Partners Chattanooga LLC. Selling Office: .