Steve Allen
BEDS7
BATHS
SQUARE FEET3,436
MLS#1542313
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONScruggs
NEIGHBORHOODEast Ridge
Property Description
314 E View Drive presents a rare opportunity to acquire a fully rebuilt four-unit multifamily property with additional development potential. Comprehensive renovations were completed from the studs, combining modern finishes with updated structural and mechanical systems.Each residence features granite countertops, new appliances, luxury vinyl plank flooring, and an in-unit washer and dryer. Electric and water utilities are separately metered, helping simplify property management and expense allocation. The property is also equipped with a full fire sprinkler system and fire hydrant, providing added safety and long-term risk mitigation.Investment Highlights:Delivered vacant, allowing the buyer to control tenant selection, lease terms, and rental ratesUnit mix includes three two-bedroom residences and one one-bedroom residence.Separately metered electric and water utilitiesExtensive renovations reduce anticipated near-term capital expendituresOversized R-3-zoned lot may offer future development or accessory-income potential, subject to buyer verification
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ductless, Electric, Multi Units, Varies b
Fuel Type: Electric
Garage: 2
Heating: Central, Ductless, Electric, Varies by Unit
Home Style: Other
Lot Size: 0.40 Acres
Taxes: $5,771
Year Built: 1950
Units
Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 860
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 858
Unit Type 3:
Bedrooms: 1
Bathroom(s): 1.0
Square Footage: 860
Unit Type 4:
Bedrooms: 2
Bathroom(s): 1.0
Square Footage: 858
Feature Descriptions
Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Refrigerator, Microwave, Washer/Dryer, Water Heater
Days on Site: 1
Exterior: Brick
Flooring: Luxury Vinyl
Interior Amenities: Split Bedrooms, Breakfast Bar, Granite Counters
Laundry: Laundry Closet, In Unit
Lot: Back Yard
Lot Dimensions: 105X200
Parcel #: 156k L 034
Parking: Driveway, Off Street
Utilities: Electricity Connected, Sewer Connected, Water Connected
Windows: Insulated Windows, Vinyl Frames
Local Schools
High School: East Ridge High
Middle School: East Ridge Middle
Elementary School: East Ridge Elementary
Listed By / Shown By
Listed By
Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-265-0088
Shown By
Agent Name: Steve Allen
Agent Phone: (423) 244-5173
Agency Title: Crye-Leike Real Estate Services
Source: CARMLS
Estimate Your Payment
Estimated Payment
$ 2,205.22 per month $1,524.51 Principal & Interest $480.92 Property Tax $199.79 Homeowner's InsuranceChange Payment Information
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314 E View Drive | MLS# 1542313
This multi-family property located at 314 E View Drive, Chattanooga, TN 37404 is currently listed for sale with an asking price of $685,000. Search East Ridge real estate on steveallen.crye-leike.com today.