About 117 Valley View Avenue
Great income potential in the growing Red Bank area! This 1955-built triplex sits on a 0.45-acre lot and offers 2,292 sq ft across three units, each featuring 2 bedrooms, 1 full bath, a kitchen, living room, refrigerator, and stove. Unit A is currently occupied on a month-to-month lease at $1,200/month, providing immediate cash flow from day one. The property offers electric baseboard heat, wall/window unit cooling, a shingle roof, public water, and an unfinished basement for extra storage. Off-street parking serves all three units. Sold as an investment opportunity -- great for a buy-and-hold investor looking to expand a portfolio in a growing submarket. Less than 15 minutes from downtown Chattanooga and close to shopping, dining, and everyday amenities. Don't miss this opportunity to add a solid income-producing property to your portfolio.
Features of 117 Valley View Avenue
| MLS® # | 1541536 |
|---|---|
| Price | $447,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Square Footage | 2,292 |
| Acres | 0.51 |
| Year Built | 1955 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Ranch |
| Status | Active |
Community Information
| Address | 117 Valley View Avenue |
|---|---|
| Area | Chattanooga |
| Subdivision | Valley View |
| City | Chattanooga |
| County | Hamilton |
| State | TN |
| Zip Code | 37415 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Parking | Asphalt, Driveway, Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Washer, Refrigerator, Electric Range, Electric Oven, Dryer, Dishwasher |
|---|---|
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Lot Description | Back Yard, Front Yard, Gentle Sloping, Private |
|---|---|
| Roof | Asphalt, Shingle |
| Construction | Brick, Vinyl Siding |
| Foundation | Block |
School Information
| Elementary | Alpine Crest Elementary |
|---|---|
| Middle | Red Bank Middle |
| High | Red Bank High School |
Additional Information
| Date Listed | August 26th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |