Two Parcels - One Sale! A rare opportunity for builders, investors, and flippers in the heart of Downtown Chattanooga.
Parcel one, 816 N Germantown Rd, is a level, cleared, build-ready residential lot offering strong potential in a rapidly developing area. Located beside two newly constructed homes, this lot is primed for immediate build and resale.
Adjacent to it is 805 Gillespie Rd, a 1-level, 3 bed / 1.5 bath home needing TLC. With long-term tenants in place for 8 years, this home is ready for renovation and could perform as a primary residence, rental, flip, or a perfect companion property to a new build.
Combine the land value with renovation upside and you've got a high-equity package deal in a sought-after location. Opportunities like this are rare—secure your next project today.
Sold for $120,000
Zestimate®
$120,000
805 Gillespie Rd, Chattanooga, TN 37411
3beds
1,320sqft
Single Family Residence
Built in 1943
5,662.8 Square Feet Lot
$120,000 Zestimate®
$91/sqft
$1,614 Estimated rent
Home value
$120,000
$114,000 - $126,000
$1,614/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 08, 2026 at 01:21pm
Listed by:
Grace Frank 423-208-3834,
Zach Taylor - Chattanooga,
Katherine Dishman 423-680-0384,
Zach Taylor - Chattanooga
Bought with:
Yulian Paramo, 403913
Keller Williams Realty Greater Dalton
Source: Greater Chattanooga Realtors,MLS#: 1524822
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bathroom
- Level: First
Other
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric, Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup
Features
- Eat-in Kitchen, Tub/shower Combo, En Suite
- Flooring: Laminate, Tile
- Windows: Vinyl Frames
- Basement: Dirt Floor,Unfinished,Cellar
- Has fireplace: No
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
- Finished area above ground: 1,320
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Patio & porch: Porch - Covered
- Exterior features: None
Lot
- Size: 5,662 sqft
- Dimensions: 112 x 206
- Features: Back Yard, Cleared, City Lot, Near Public Transit, Rectangular Lot, See Remarks
Details
- Parcel number: 147j A 013
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Other, Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Chattanooga
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $120,000-7.7%$91/sqft |
Source: Greater Chattanooga Realtors #1524822 Report a problem | ||
| 1/5/2026 | Pending sale | $130,000$98/sqft |
Source: Greater Chattanooga Realtors #1524822 Report a problem | ||
| 12/12/2025 | Contingent | $130,000$98/sqft |
Source: Greater Chattanooga Realtors #1524822 Report a problem | ||
| 12/10/2025 | Price change | $130,000-7.1%$98/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3058130 Report a problem | ||
| 12/4/2025 | Listed for sale | $140,000-6.6%$106/sqft |
Source: Greater Chattanooga Realtors #1524822 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $382 | $17,075 |
| 2023 | $382 | $17,075 |
| 2022 | $382 | $17,075 |
Find assessor info on the county website
Neighborhood: 37411
Nearby schools
GreatSchools rating
- 5/10Woodmore Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Dalewood Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Brainerd High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Woodmore Elementary
- Middle: Dalewood Middle
- High: Brainerd 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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$120,000