Multi Family Investment Properties for Sale in Chattanooga, TN
86- 2 Bed
- 2 Bath
- 1304 sft
292- 2 Bed
- 2 Bath
- 1618 sft
268- 4 Bed
- 4 Bath
- 2176 sft
212- - Bed
- - Bath
- 1843 sft
Why Invest in Chattanooga, Tennessee?
Chattanooga's multifamily market presents compelling opportunities as the city transitions to a balanced, normalized market with improving fundamentals. Inventory growth of 21% MLS-wide and 24% in the city proper has reduced bidding wars while maintaining healthy demand from domestic migration and job growth. The median price of $340,000 remains significantly below major metros like Nashville and Atlanta, offering strong affordability advantages. With projected job growth of 6,600 new positions in 2026 and rental market strength supported by university enrollment and in-migration, multifamily properties benefit from sustained tenant demand and appreciation potential of 2-5% annually.
Frequently Asked Questions
Yes. Chattanooga's balanced market, strong rental fundamentals, sustained domestic migration, and projected job growth of 6,600 positions create favorable conditions for multifamily investors. The city's affordability advantage compared to Nashville and Atlanta, combined with healthy tenant demand from university enrollment and in-migration, supports stable occupancy and appreciation potential of 2-5% annually.
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