#1515284, Listing office: Keller Williams Realty
$495,000 List price
607 Franklin St Chattanooga, TN 37405
1,628 sqft
0.2 acres
$304 / sqft
Multi-Family
Property details
About 607 Franklin St
Amazing investment or house-hack opportunity in the heart of North Chattanooga—just minutes from downtown and zoned for the highly sought-after Normal Park schools. This property is split into two separate units: a two bed, one bath main home and a one bed, one bath apartment with its own entrance, perfect for a guest suite or income-producing rental. The home has been successfully used as an owner-occupied Airbnb, allowing you to live in one unit while renting out the other. It also makes a fantastic long-term rental thanks to its ideal location, school zoning, and flexible floorplan. Whether you're looking to offset your mortgage, invest in a cash-flowing asset, or accommodate extended family, this setup offers multiple options in one of Chattanooga's most desirable neighborhoods.
Highlights
Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Size1,628 sqft
Lot size0.19 Acres
Year built1940
ParkingDriveway, Garage
MLS #1511153
Garage1 space
Summary
- Appliances: Water Heater, Vented Exhaust Fan, Oven, Microwave, Electric Range, Electric Oven, Disposal, Dishwasher, Cooktop, Refrigerator, Range
- Basement: No
- Flooring Type: Hardwood, Luxury Vinyl
- Garage Space: 1 space
- Attached Garage: No
- Parking: Driveway, Garage
- Exterior: Private Yard, Privacy Fence, Deck
- Heating: Central
- Cooling: Central Air
- List Price: $495,000
- Price/SqFt: $304
- Annual Tax Amount: $1,817
- Tax Year: 2023
- Directions: From Cherokee Blvd, turn onto North Market Street; turn right onto East Bush St; at fork, turn right onto Hamilton Ave; turn left on Woodland Ave; turn left onto Noll St and veer right at fork onto Franklin St. Duplex will be on the left.
- Year Built: 1940
- Living Area: 1,628 SqFt
- Lot Size: 0.19 Acres
- MLS Number: 1511153
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: Keller Williams Realty
- Office Phone: (423) 664-1900
- Office Email: matthew.gann@kw.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 9:40:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 14, 2022 | Home Sold | $450,000 |
| Aug 23, 2021 | Home Sold | $213,000 |
| Mar 29, 1988 | Home Sold | $27,680 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $81,240 | $1,817 |
| 2022 | $81,240 | $1,817 |
| 2021 | $81,240 | $3,829 |
| 2020 | $72,760 | $3,812 |
| 2019 | $72,760 | $2,011 |
| 2017 | $72,760 | $2,011 |
History based on county public records data.
Nearby schools
5
Chattanooga School for The Arts and Science Lower School
Public Magnet KG-5
1.5 mi
•865 E 3rd St
3
Brown Academy
Public Magnet PK-5
1.8 mi
•718 E 8th St
4
Battle Academy
Public Magnet PK-5
2.3 mi
•1601 Market St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,632. Typical income of Chattanooga, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
47%
35k-100k
14%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
7%
Single, with Kids
20%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
3%
12-17 yrs old
36%
18-34 yrs old
43%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Mexican League Soccer
Symphony or Opera
Where do the neighbors shop?
New York & Company
Books-a-Million
Chico's
Where do the neighbors go to eat?
Qdoba
Church's Chicken
Boston Market
What do the neighbors drive?
Infiniti
Toyota
Volvo
What do the neighbors listen to?
Active Rock
Adult Hits
Talk/Personality
All data provided by Home Junction and Claritas
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Frequently asked questions
About 607 Franklin St
The listing price of 607 Franklin St property is $495,000.
The property 607 Franklin St is a multi located in Chattanooga, Tennessee, 37405.
Active Listing: 607 Franklin St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 607 Franklin St are: Chattanooga School for The Arts and Science Lower School (GreatSchools Rating 5/10), Brown Academy (GreatSchools Rating 3/10), Battle Academy (GreatSchools Rating 4/10), Normal Park Museum Magnet School (GreatSchools Rating 6/10), Orchard Knob Middle School (GreatSchools Rating 4/10), Howard Connect Academy (GreatSchools Rating 3/10), Chatt High Center for Creative Arts (GreatSchools Rating 9/10), Chattanooga School for The Arts and Science Upper School (GreatSchools Rating 7/10), The Howard School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,817 (source: MLS/based on county public records data).
The last sale was on July 14, 2022 for $450,000 (source: MLS/tax record).
The property 607 Franklin St is 1,628 SqFt (source: MLS/tax record).
The year of construction for 607 Franklin St is 1940.
This home is located at 607 Franklin St in Chattanooga, TN and zip code 37405 in the North Chattanooga / Hill City neighborhood. This 1,628 square foot home, which was built in 1940, sits on a 0.19 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 16, 2025 and is currently priced at $495,000.
While more than 80 listings in Chattanooga, TN in June 2025 were sold above asking price, there were more than 117 listings sold at asking price, and more than 209 were sold below. The inventory of homes for sale in Chattanooga, TN between May and June 2025 increased by 2.7%. In June 2025 median list price was $337,499 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.