About This Home

This 7-bedroom, 4-bathroom multi-family at 314 E View Drive in Chattanooga, TN is listed for $685,000 ($199 per sqft). Built in 1950, the home offers 3,436 sqft of living space on a 0.40 acres lot.

Key Features

  • Built in 1950
  • 0.40 acre lot
  • 2 stories

Property Details

2 stories
4 full
2-car garage
1950

Amenities

A/C
Listing Description

Turnkey investment opportunity: a fully rebuilt, four-unit multifamily property offering immediate cash flow potential with none of the near-term capital expense risk of older stock. Every unit was renovated down to the studs, combining modern finishes with updated structural and mechanical systems throughout.

Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer -- the kind of finish level that supports strong rents and low turnover. Electric and water utilities are separately metered for simplified expense allocation, and the property includes a full fire sprinkler system and fire hydrant for reduced long-term risk.

Delivered vacant, this property gives an investor full control over tenant selection, lease terms, and rental rates from day one -- ideal for setting rents at true market rate rather than inheriting legacy leases. The unit mix includes three two-bedroom residences and one one-bedroom, and the oversized, R-3-zoned lot may offer additional development or accessory-income potential, subject to buyer verification. A rare chance to acquire renovated, income-ready multifamily in Chattanooga with upside built in.

Monthly Cost Estimate

$3,664/mo

20% down · 6.5% · 30 years

Principal$495
Interest$2,968
Insurance$200

Estimates only. Actual payments may vary.

Location

314 E View Drive

Chattanooga, TN 37404

Scruggs

Features & Amenities

Interior Features

Breakfast BarGranite CountersSplit Bedrooms

Property Details

Flooring

Vinyl

Construction

Brick

Parking

DrivewayOff Street

Heating

CentralElectric (Heating)Ductless (Heating)

Cooling

DuctlessMulti UnitsElectricCentral AirVaries by Unit

Appliances

Water HeaterWasher/DryerMicrowaveFree-Standing RefrigeratorElectric Water HeaterElectric RangeDishwasher

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 314 E View Drive is listed at $685,000 ($199/sqft). The estimated monthly payment is $3,664 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.40 acre lot, 2 stories. Interior Features: Breakfast Bar, Granite Counters, Split Bedrooms.

This property is listed by Paul Carter.

PC

Paul Carter

License 356270

Agent at Real Estate Partners Chattanooga LLC

Listed by Real Estate Partners Chattanooga LLC · Broker phone: (423) 265-0088 · View on Broker Site · Broker website

MLS# 1542313· Source: Greater Chattanooga Association of REALTORS· 52 days on PropertySimple

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

314 E View Drive, Chattanooga, TN 37404

Open this listing in: