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33427071
33427079

406 High Street, Chattanooga, TN 37403

AN
Keller Williams Chattanooga - East Brainerd
Listed by Keller Williams Chattanooga - East Brainerd
$1,580,000
10 days on market
Updated 10 days ago
Opportunity zone

Remodeled 6 Unit Building downtown Chattanooga

Details
Property Type Multifamily, Mixed Use
Sub Type Stvr
Square Footage 3,787
Net Rentable (SqFt) 96,487
Units 6
Cap Rate 6.00%
Class A
Year Built 1920
Year Renovated 2021
Buildings 1
Acreage 0.050
Zoning Urban Commercial Mixed-Use Zone
Ground Lease No
Sale Condition N/A

100% Leased // Mixed Use // Central Downtown

Marketing description

Perfectly positioned in the heart of Chattanooga's vibrant Art District, this exceptional six-unit building offers an incredible opportunity for both short-term and long-term rentals. Perched overlooking the city, the property places residents and guests within walking or biking distance of downtown's best shopping, dining, museums, the aquarium, and the popular North Shore district.

Each unit has been thoughtfully designed with its own unique floorplan, creating character and appeal for a variety of tenants. All units feature spacious kitchens, spa-inspired bathrooms, in-unit washers and dryers, and stylish finishes throughout. With an unbeatable location, stunning city views, and easy access to Chattanooga's most sought-after attractions, this is a rare investment opportunity in one of the city's fastest-growing and most desirable neighborhoods.

Investment highlights

  • Six income-producing units
  • Flexible rental strategy: short-term, long-term, or mixed-use
  • Prime downtown Chattanooga location
  • Strong appeal for Airbnb/short-term rental guests
  • Located in the highly desirable Art District
  • Walkable to restaurants, shopping, museums, Aquarium, and North Shore
  • In-unit washer/dryer in every unit
  • Updated finishes and spa-inspired bathrooms
  • Rare multi-unit opportunity in a high-demand area
  • Potential for consistent cash flow with long-term upside

Listing Contacts

AN
Keller Williams Chattanooga - East Brainerd
Listed by Keller Williams Chattanooga - East Brainerd

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Zoning

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U-CX-6 MixedMixed UseUrban Commercial Mixed Use Zone 6
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Last updated May 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Alissa Norgren
License
378637
Brokerage
Keller Williams
Brokerage Phone
4237792354
Title
Agent
Brokerage Address
7158 Lee Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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