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.
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0BEDS
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0.22ACRES
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0BATHS
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01/2 BATHS
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4,626SQFT
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$259$/SQFT
School Information
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.
402-416 Red Oak Drive Red Bank, TN 37415
Property Description
Architectural Style [] Attached Garage YN No Construction Materials [] Exterior Features [] Fencing [] Foundation Details [] Lot Features [] Other Structures [] Parking Features ConcreteDriveway Patio And Porch Features [] Pool Features [] Roof [] Structure Type [] View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Electric RangeDishwasher Basement [] Basement YN No Building Area Total 4626 Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating [] Interior Features [] Laundry Features [] Levels [] Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN Yes Other Equipment [] Property Sub Type Triplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 0 Utilities [] Water Source Public
Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Local Roots Realty: 423-500-3140.
