Skip main navigation
For sale
  • $190,000

    5 Franklin Pl, Chattanooga, TN 37412

    3beds
    908sqft
    : 
    Triplex
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $209/sqft
    $-- HOA

    What's special

    Durable metal roof
    Welcome to 5 Franklin Pl, Chattanooga, TN 37411—an income-producing multi-family property with three rented units, each featuring one bedroom and one bathroom. This investment opportunity offers immediate cash flow with a gross monthly income of $2,300, with all tenants currently on month-to-month leases. The property includes a durable metal roof, a convenient community laundry area, and utilities covered by the owner. Whether you're looking to continue renting for steady income, renovate and increase rents for greater returns, or even live in one unit while renting out the others to cover your mortgage, this property offers endless possibilities. Don't miss out on this versatile investment in a prime location! No showings without an accepted offer.
    180 days
    on Zillow
    |
    313
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2025 at 07:06am

    Listed by:

    Robert J Fitzgerald 310-430-0076,

    Crye-Leike, REALTORS 423-870-5202

    Source: Greater Chattanooga Realtors,MLS#: 1507159
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5 Franklin Pl.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Cooling
    • Multi Units, Window Unit(s)
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Cellar
    • Has fireplace: No
    Interior area
    • Total structure area: 908
    • Total interior livable area: 908 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off Street
    • Carport spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Patio
    Lot
    • Size: 9,135 Square Feet
    • Dimensions: 72.5 x 126
    • Features: Split Possible
    Details
    • Parcel number: 156m A 006
    • Special conditions: Investor

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Aluminum Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Subdivision: Hewitt Wilson Etal
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $209/sqft
    • Tax assessed value: $117,400
    • Annual tax amount: $1,263
    • Date on market: 2/10/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: None
    • Loading
    • Loading