Investor opportunity with breathtaking views! This tenant-occupied fourplex at 549 South Crest Rd., Chattanooga, TN is a rare chance to own an income-producing property with stunning panoramic views of downtown Chattanooga and the surrounding mountains.
Currently generating approximately $79,000 in annual gross income, this property offers immediate cash flow with established tenants already in place. Whether you're looking to expand your investment portfolio or add a high-performing asset in a desirable Chattanooga location, this fourplex checks all the boxes.
Conveniently located just minutes from downtown, hospitals, restaurants, shopping, and major employers, the property combines strong rental appeal with an unbeatable setting. With incredible city views, consistent income, and a prime location.
For sale
$985,000
549 S Crest Rd, Chattanooga, TN 37404
5beds
3,217sqft
Quadruplex
Built in 1921
-- sqft lot
$-- Zestimate®
$306/sqft
$-- HOA
What's special
Breathtaking viewsIncredible city views
- 20 days |
- 404 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Adrienne Gremore 423-774-8344,
RE/MAX Properties 423-894-2900
Source: Greater Chattanooga Realtors,MLS#: 1540279
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Eat-in Kitchen, Open Floorplan
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 3,217
- Total interior livable area: 3,217 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Has view: Yes
- View description: Other
Lot
- Size: 0.25 Acres
- Dimensions: 90.0 x 121.5
- Features: Brow Lot
Details
- Parcel number: 168j T 014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Aluminum Siding, Stone, Fiber Cement
- Roof: Shingle
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Features: Historic District, None
- Subdivision: Missionary Ridge
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $792,000
- Annual tax amount: $10,915
- Date on market: 8/7/2026
- Listing terms: Cash,Conventional
- Inclusions: All furnishings.
- Tenant pays: None
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,672/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Listed for sale | $985,000+0.5%$306/sqft |
Source: Greater Chattanooga Realtors #1540279 Report a problem | ||
| 8/6/2026 | Listing removed | $980,000$305/sqft |
Source: | ||
| 7/14/2026 | Price change | $980,000-2%$305/sqft |
Source: | ||
| 6/23/2026 | Listed for rent | $1,575 |
Source: Zillow Rentals Report a problem | ||
| 6/17/2026 | Price change | $999,999-4.8%$311/sqft |
Source: | ||
| 6/2/2026 | Price change | $1,050,000-4.5%$326/sqft |
Source: | ||
| 5/28/2026 | Listed for sale | $1,100,000+38.4%$342/sqft |
Source: | ||
| 11/6/2024 | Sold | $795,000-2.5%$247/sqft |
Source: Greater Chattanooga Realtors #1395037 Report a problem | ||
| 8/26/2024 | Contingent | $815,000$253/sqft |
Source: Greater Chattanooga Realtors #1395037 Report a problem | ||
| 7/3/2024 | Listed for sale | $815,000+8.5%$253/sqft |
Source: Greater Chattanooga Realtors #1395037 Report a problem | ||
| 1/31/2024 | Sold | $751,000-6%$233/sqft |
Source: Greater Chattanooga Realtors #1380927 Report a problem | ||
| 12/22/2023 | Contingent | $799,000$248/sqft |
Source: Greater Chattanooga Realtors #1380927 Report a problem | ||
| 11/14/2023 | Price change | $799,000-3.2%$248/sqft |
Source: Greater Chattanooga Realtors #1380927 Report a problem | ||
| 10/6/2023 | Price change | $825,000-2.8%$256/sqft |
Source: Greater Chattanooga Realtors #1380927 Report a problem | ||
| 9/12/2023 | Listed for sale | $849,000+414.5%$264/sqft |
Source: Owner Report a problem | ||
| 12/14/1998 | Sold | $165,000$51/sqft |
Source: Public Record Report a problem | ||
| 10/7/1998 | Sold | $165,000$51/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,802 +272.6% | $316,800 +450% |
| 2024 | $1,289 -37.5% | $57,600 -37.5% |
| 2023 | $2,062 | $92,160 |
| 2022 | $2,062 | $92,160 |
| 2021 | $2,062 -9.9% | $92,160 +11.3% |
| 2020 | $2,290 | $82,800 |
| 2019 | $2,290 | $82,800 |
| 2018 | $2,290 -46.8% | $82,800 |
| 2017 | $4,301 -0.4% | $82,800 |
| 2016 | $4,317 | -- |
| 2015 | $4,317 | $82,800 |
| 2014 | $4,317 +60.4% | -- |
| 2013 | $2,691 | $82,800 -14.9% |
| 2012 | $2,691 | $97,320 |
| 2011 | $2,691 +24% | $97,320 +24% |
| 2010 | $2,170 | $78,480 |
| 2009 | $2,170 | $78,480 +33.1% |
| 2008 | -- | $58,960 |
| 2007 | -- | $58,960 |
| 2006 | -- | $58,960 |
| 2005 | -- | $58,960 +7.7% |
| 2004 | -- | $54,760 |
| 2003 | -- | $54,760 |
| 2002 | -- | $54,760 -0.4% |
| 2001 | -- | $55,000 +70.4% |
| 2000 | -- | $32,280 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Missionary Ridge
Nearby schools
GreatSchools rating
- 3/10East Ridge Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10East Ridge Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10East Ridge High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: East Ridge Elementary
- Middle: East Ridge Middle
- High: East Ridge High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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