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185 W Ridgewood Avenue, 
Chattanooga, TN 37415

$450,000


Bed


Bath


2,646

Sq Ft


Multi-Family

Active

Listed by

Corey Ballew

Real Broker

844-591-7325

Last updated:

April 16, 2025, 02:26 PM

MLS#

1510637

Source:

TN CAR

About This Home

185 W Ridgewood Avenue

Excellent Quadplex Investment Opportunity in Red Bank! Discover this rare four-unit property in the heart of Red Bank, just minutes from Downtown Chattanooga, making it an ideal location for both tenants and investors. Located near some of the area's best amenities, your future residents will love the quick access to local favorites like Red Bank restaurants, White Oak Dog Park, and the scenic trails of Stringers Ridge. Each unit offers a 1-bedroom, 1-bath layout—perfect for maximizing rental efficiency and appealing to renters looking for location, simplicity, and value. With rents currently as high as $1,300/month, this property offers strong cash-flow potential and room to grow. One unit is currently vacant, making it easy to show or perfect for a buyer interested in house hacking—live in one unit and let the others help pay the mortgage! Whether you're looking to expand your portfolio or break into real estate with a low down payment using FHA, VA, or conventional financing, this quadplex checks all the boxes. These low-maintenance units are easy to get rent-ready and attract long-term tenants who want to be near it all. Don't miss your chance to own a multifamily property in one of Chattanooga's hottest up-and-coming areas. Only the vacant unit may be shown. The tenant occupied units may be inspected after an accepted offer.

Home Facts

Multi-Family

Built in 1970

Price Summary

450,000

$170 per Sq. Ft.

MLS #:

1510637

Last Updated:

April 16, 2025, 02:26 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

2,646 Sq. Ft.


Structure

Structure

Building Area:

2,646 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

20,473


Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$170 per Sq. Ft.

Source:TN CAR
The information being provided by Greater Chattanooga Association of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Greater Chattanooga Association of Realtors All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.