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Image 1 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Image 2 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Image 3 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Image 4 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Image 5 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Image 6 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Image 7 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Image 8 - 615 Colville St, Chattanooga, Tennessee, 37405 - House for sale

Home For Sale In Chattanooga, Tennessee

615 Colville St, Chattanooga, Tennessee, 37405

Home For Sale In Chattanooga, Tennessee

house for sale

9 views

Listed: 03/11/24

615 Colville St, Chattanooga, Tennessee, 37405

4 Bed:

3 Bath:

1,624 Sq Ft Living Area:

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Price

$ 590,000

Price: Average

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About This House

Northshore Triplex; Vintage home Refurbished; 15 minute walk or 4 minute drive to Frazier Ave; 1 minute walk to Forest Ave. ; 8 to 10 Private Parking Spaces; Colville is an excellent street/and friendly neighborhood. Homes on the street are artfully designed and full of character, making this property an excellent value for investors. Properties with these lease rates are rare in the area. Owner had Crawl Space Solutions Service Floor Joists and purchased a lifetime warranty which transfers to new owner at no cost. Also added Vapor Barrier, with assumable annual microbial contract transferable to new owner for $240 per year. Please do not disturb tenants. Suite C is available for viewing while vacant. Suite A and Suite B are occupied and can be viewed during due diligence. Current Lease Rates are: SuiteA $1, 100; SuiteB $1, 450; SuiteC $915.Normal Park Elementary and Middle (K-8); Red Bank High School.

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Chattanooga Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$543,214 (+16.7%)
Apr 2024	$465,471 (0%)
Mar 2024	$465,471 (0%)
Feb 2024	$465,471 (0%)
Jan 2024	$465,471 (-2.2%)
Dec 2023	$476,027 (-6.5%)

In May 2024, the asking price for 4 bed houses for sale in/near Chattanooga, United States averaged $543,214, an increase of 16.7% from the previous month.

Median price trends for properties for sale in Chattanooga, United States as of May 2024.

Household Income

Median household income: $41,911

Number of households: 71,190

The average household income in Chattanooga, TN grew from $41,278 to $41,911 in the past year. This data is an estimate based upon 71,190 households in Chattanooga, TN.
The chart below presents how household income is distributed in Chattanooga, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chattanooga, TN compared to median property taxes around the country. The prevalent amount of property taxes in Chattanooga, TN equals $800-$1,500 , which is less than the national average.