1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
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1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
1921 Emerson Drive
For Sale

1921 Emerson Drive

1921 Emerson Drive, Chattanooga, TN 37408

$999,000
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. 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..

Studio

4,352 Sq.Ft. LIVING AREA

9,147.6 Sq.Ft. lot

Diana Davies

Diana Davies

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room None
  • Flooring Ceramic Tile, Linoleum, Tile
  • APPLIANCES Refrigerator, Electric Oven
  • other interior Features Plumbed, Tub/shower Combo, Walk-In Closet(s)

Area & Lot

  • Status For Sale
  • Living Area4,352 Sq.Ft.
  • Total Area4,352 Sq.Ft.
  • Lot Area9,147.6 Sq.Ft.
  • MLS® ID1523700
  • TypeMulti-Family
  • YEAR BUILT1910
  • Neighborhood37408
  • Architecture StylesContemporary
  • Elementary SchoolBattle Academy
  • Middle SchoolOrchard Knob Middle
  • High SchoolHoward School of Academics & Tech

Exterior

  • STORIES1
  • water SourcePublic
  • utilitiesCable Available, Electricity Connected, Water Connected
  • PoolNone
  • roofMetal
  • lot featuresCity Lot, Gentle Sloping, Level, Near Public Transit
  • parkingGravel, Off Street, Unpaved
  • AIR CONDITIONINGCeiling Fan(s), Window Unit(s)
  • sewerPublic Sewer
  • SubstructureSlab
  • Disability FeaturesAccessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Doors, Accessible Electrical and Environmental Controls, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen
  • security FeaturesSecurity Lights

Financial

  • Sales Price$999,000
  • Real Estate Tax $4,523/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1921 Emerson Drive, Chattanooga, TN 37408. We are reviewing your request and will be in touch shortly!

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