$4,904

closing credit¹

117 E 7th St Unit 501 Chattanooga, TN 37402

$413,000
1 bed
1 full
540 sqft
0.10 acres
$765 / sqft
Condo

Property details

About 117 E 7th St Unit 501

Looking to own the clouds and purchase a piece of Chattanooga's tallest historical living opulence? Welcome to the newly renovated historic ''Park Tower,'' once known as Park Hotel, soon to be Chattanooga's most luxurious and tallest condo building in downtown. The Park Hotel was known as the ritziest hotel in the city when it opened in 1915; it also projected peace of mind, as it was constructed of solid concrete and was considered fireproof. This 5th floor 1 bedroom unit will boast a mixture of modern industrial design with exposed concrete and the fine craftsman-style finishes of a historical restoration of the early 1900s. We have named the design ''Gilded Industrial,'' and the entire building will contain the high-end finishes one would expect in a state of the art condominium: High ceilings, with exposed concrete. Burnished white concrete flooring, which will resemble marble. Original brick interior walls. Black stainless steel appliances. Custom kitchen cabinets, granite and quartz options for counter tops. Floor-to-ceiling windows. Full tile showers. In-unit washer/dryer hookups. Security and Surveillance. Building Doorman and Valet. Rooftop terrace and Rose Garden. Most units and common areas will boast panoramic views of the city and surrounding mountains. Work and live in historical grandeur without leaving the building. With the option to rent newly remodeled office space, You can be the most efficient you possible. The meticulously restored 1st floor/ lobby will accommodate local commercial tenants from the area's top restaurateurs and small boutique retailers. This fabulous location allows you to walk to your favorite downtown restaurants and retailers . Also nearby is the University of Tennesse at Chattanooga, Warehouse Row, the Tivoli Theater, Soldiers and Sailor's Memorial Auditorium, the Market St. Bridge, and the Chattanooga Aquarium. All Park Tower condos can be leased

Highlights

Home typeCondominium
HeatingCentral
StatusAccepting Backup Offers
(Under Contract - Showing)
CoolingCentral Air
Size540 sqft
Lot size0.1 Acres
Year builtNew Const., 1915
ParkingDetached
MLS #2709885
ViewCity, Mountain(s)

Summary

  • MLS Number: 2709885
  • MLS Name: REALTRAC
  • Office Name: Greater Downtown Realty dba Keller Williams Realty
  • Listing Agent: Gregory Depasquale

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 11:48:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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plan

$413,000

117 E 7th St Unit 501

$4,904

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Brown Academy

Public Magnet PK-5

0.6 mi

718 E 8th St

5

Chattanooga School for The Arts and Science Lower School

Public Magnet KG-5

0.7 mi

865 E 3rd St

4

Battle Academy

Public Magnet PK-5

0.9 mi

1601 Market St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $20,962. Most Chattanooga, TN residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

64%
<35k
20%
35k-100k
14%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

83%
Single, No Kids
2%
Single, with Kids
13%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

2%
<11 yrs old
3%
12-17 yrs old
40%
18-34 yrs old
46%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NBA/WNBANBA/WNBA
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • CadillacCadillac
  • PontiacPontiac
  • AudiAudi

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 117 E 7th St Unit 501

This home is located at 117 E 7th St Unit 501 in Chattanooga, TN and zip code 37402 in the City Center neighborhood. This 540 square foot home, which was built in 1915, sits on a 0.10 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 29, 2024 and is currently priced at $413,000.

In January 2025, from all listings sold in Chattanooga, TN there were more than 31 sold above asking price, over 163 sold below and more than 66 were sold right at the asked price. The number of listings in Chattanooga, TN decreased by 0.8% between December and January 2025. In January 2025, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $330,891.

From Rocket Homes Real Estate and based on county public records data.

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