Multifamily Property for Sale in Chattanooga, TN

  • Price: $850K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Chattanooga, TN 37408

Description

Land for Sale | Prime Location on Broad Street near Publix, Lookouts Stadium, and The Bend Development | Opportunity Zone Seize the opportunity to own a piece of the dynamic and rapidly transforming Broad Street in Chattanooga, TN. This 0.41-acre vacant parcel is perfectly positioned between Broad Street and Cowart Street, offering nearly 100 feet of frontage along bustling Broad Street. Situated across from one of Chattanooga's largest vacant industrial areas, this site spans all the way to the interstate, Tennessee River, and Moccasin Bend. A game-changing development is on the horizon, with the City recently approving a new baseball stadium for this 100+ acre site, serving as the catalyst for over $1 BILLION in new investments . (See links and videos for more details.) The baseball stadium (Erlanger Park) is on track to open Spring 2026. The neighboring parcel to the south features charming, historic brick buildings at the corner of W 27th Street, while the parcel to the north is also vacant. With potential for a basement or below-grade parking, this lot offers versatile development options. Located in the Southside Gardens area, this neighborhood is primed for redevelopment, with local developers planning new single-family and multifamily homes on nearby vacant lots. In June 2025 a $22 million condo development broke ground at the corner of 26th and Cowart Street. This will be a four-story, 43-unit luxury condo building. Another $70 million development was just announced in July 2025 “The development will sit on roughly 4 acres bound by West 26th and 27th streets to the north and south and Williams and Cowart streets to the east and west. Plans for the site include 61 three-story units, split between 21 multiunit townhouses and 40 duplexes. A community with European-style touches and ample garden space.” These two developments will be directly behind our parcel. In Summer 2025 it was announced that a "model mixed-use development" is planned at South Broad and 33

Market Context

This multifamily in Chattanooga, TN is listed for sale at $850,000. It has been on the market for 24 days. Compare it against other multifamily listings for sale in Chattanooga, TN — <a href="/search/sale/multifamily/tennessee/chattanooga">view the full market</a>.

Contact

Explore this market

Similar Multifamily Property for Sale in Chattanooga, TN