$1,200,000

402-416 Red Oak Drive, Red Bank, TN 37415

  • 4,626 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 2026
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $259/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

Multifamily investment opportunity in the heart of Red Bank! This 3 unit townhome development is a perfect opportunity for an investor seeking stable occupancy, long term rent growth, and price appreciation in a land constrained submarket. Each townhome has the following features: * Each unit sits on it's own fee simple lot, making it easy to sell units individually in the future. * 3 bedrooms plus an office with 2.5 baths *Slab foundation *Amazing mountain views to the east and west *Private back yards with privacy fence *Gently sloped driveways *Hardi siding *Vinyl windows *Stainless steel appliances *Tile showers *Laminate flooring throughout This property's estimated completion date is ~5 months out. Buyer to verify everything they deem necessary including sf, taxes etc.

Listing Status:
Active
Date Added:
January 24, 2026
Data Last Updated:
February 17, 2026 at 3:37AM
Listing Office:
Local Roots Realty : 423-500-3140
MLS ID:
1527280
  • Appliances: DishwasherElectric Range
  • A/C: Central Air
  • Parking: ConcreteDriveway
  • Originating MLS: Greater Chattanooga REALTORS®
  • County: Hamilton
  • Zoning: LT 1-3 G5's Place pb 14 pg 72 rev pb 134 pg 97117d C 018
  • Water: Public
  • Sewer: Public Sewer
  • Source: Greater Chattanooga REALTORS®

This listing courtesy of Local Roots Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Red Bank Elementary School

1100 Mountain Creek Rd, Chattanooga, TN, 37405

Grades PK-5

1.40 miles away

R

Red Bank Middle School

3701 Tom Weathers Dr, Chattanooga, TN, 37415

Grades 6-8

0.58 miles away

R

Red Bank High School

640 Morrison Springs Rd, Chattanooga, TN, 37415

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.