TN
Hamilton
Chattanooga
37411
3324 Pinewood Avenue
3324 Pinewood Avenue, Chattanooga, TN 37411
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Listing Type
Multi Family
Listing Status
active
40
$2,650,000

Home Details for 3324 Pinewood Avenue

Price
$2,650,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
14040
Year built
1971
County
Hamilton
Garage
Days on site
10
MLS Listing#
2993599
Property Description

Investment Opportunity - Pinewood Avenue Quadplexes in the heart of Midtown Rare opportunity to acquire four all-brick quadplex buildings just minutes from downtown Chattanooga. Each property features 4 units, offering a total of 16 income-producing apartments. Each unit is 2 bedrooms, 1 bathroom, well designed kitchen and living area. Every unit is designed for durability and tenant appeal with luxury vinyl plank flooring throughout, a kitchen with pantry, two bedrooms, and a full bathroom. Renovated back decks provide additional living space and overlook a private wooded hillside, enhancing the property's charm. The units have had updated energy efficient windows, majority of hvac units replaced, new roofs, and interior and exterior painting. 3328 Pinewood Ave has the community laundry facility with new washer/dryer units and an office and storage area. This well-located complex offers consistent rental potential and is ideally positioned to capture Chattanooga's growing demand for mid-term rental housing. With its proximity to downtown employers, attractions, and amenities, Pinewood Avenue is a strategic investment for both stable cash flow and long-term growth. Currently, Seller is repositioning several units for Midterm rentals at a higher monthly fee. Small Pets allowed with a $500 nonrefundable deposit and $25 monthly per pet rental fee.

Property Features
  • Parking
    • Detached
    • Asphalt
    • Parking Lot
  • Cooling Information
    • Central Air
  • Heating Information
    • None
  • Water Features
    • Public
  • Utilities
    • Water Available
School Information
School Information for 3324 Pinewood Avenue, Chattanooga, TN 37411
Elementary School
Woodmore Elementary School
Middle School
Dalewood Middle School
High School
Brainerd High School
Listing Courtesy: Zach Taylor Chattanooga - 855-261-2233
RealTracs logo Based on information submitted to the MLS GRID as of 2025-09-12 12:30:28 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-09-12 12:30:28
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EXIT NOBLE REALTY GROUP
1350 Cedar Lane, Tullahoma, TN 37388
Office
931 632 3948
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