Cobbly Nob Real Estate Search

Cobbly Nob Multi-Family Properties for Sale

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Newest Cobbly Nob Multi-Family Homes for Sale

4411 Alabama Ave, Chattanooga
$699,000
3,313 SqFt. ⋅ 3116320 MLS ⋅ ACTIVE Status
Investment opportunity at the foot of Lookout Mountain in historic Saint Elmo! Originally built circa 1900, this home now has 4, one bedroom, one bath units - 2 up and 2 down - all with different floor plans and unique character. They all boast tons of charm and varying updates throughout, and the roof and gutters were replaced in April 2022. Each unit has nice sized rooms with a kitchen (3 have room for dining/eat-in), a living room, bedroom and a full bath. The units on the main level have direct access to the covered front porch, while the upper units have a secondary rear foyer with steps down to the front porch. This upstairs rear foyer also provides a great space for bicycles, etc. All of the units have their own HVAC units and are separately metered, and the owner pays for water/sewer. Tenants and their guests utilize the parking area in the back, and there is also a small patio area for grilling. There is a convenient laundry room on the back that the tenants share. Located approximately 10 minutes from downtown Chattanooga, these quaint and convenient units have remained consistently rented throughout the seller's ownership; however, two of the units have recently been vacated, and the seller is planning to leave them empty to so they can be shown. Showings of the other occupied units will only be allowed once there is a binding agreement in place so as to minimize disruption to the tenants. Zoned RN 1-5, the property could also be used as an owner-occupied STVR or bed and breakfast with the proper permitting. Please call for more information or to schedule a showing. Information is deemed reliable but not guaranteed. Buyer to verify any and all information they deem important.

4411 Alabama Ave, Chattanooga

2353 Hwy 107, Unicoi
$549,000
3011699 MLS ⋅ ACTIVE Status
For Sale: 2353 Highway 107, Unicoi, TN 37692 Fully Rented Triplex + Micro RV/Tiny Home Park Opportunity on the River! Welcome to 2353 Highway 107, a dream investment property offering endless opportunity in the scenic Limestone Cove area of Unicoi, TN. Nestled on 1.9 acres along the North Indian Creek River, this property combines modern renovations, multiple income streams, and future expansion potential. This impressive 5,000 sq. ft. building has been completely reimagined with over $100,000 in renovations and includes three beautifully finished townhomes (completed January 2024). The property is fully rented, providing immediate income for a new owner. Two townhomes are approximately 1,200 sq. ft. each, featuring 2 bedrooms, 2 full bathrooms, and a flexible office/bonus room. Both are currently rented for $1,350/month each. The expansive 2,400 sq. ft. garage loft offers multi-use potential -- currently rented for $1,500/month -- featuring 1 bedroom, a spacious loft room, kitchen, dining area, laundry setup, and 12' garage doors perfect for large vehicles or event use. Beyond the building, this property offers incredible development potential with a partially completed Micro RV/Tiny Home Park. $30,000 in groundwork and site prep already completed 7 total lots near the river 4 lots approved for septic, water, and electric 3 additional lots approved for water and electric only Clearing and grading complete with utilities ready for final connection Additional features include: Over 109 ft of road frontage on Highway 107 Fenced side yard Outdoor shed for additional storage Shared laundry center for tenants and guests in main building. Unit 3 has their own laundry. With flexible zoning and a unique combination of riverfront access, full occupancy, rental income, and expansion potential, this property is ideal for investors, developers, or entrepreneurs.

2353 Hwy 107, Unicoi

1020 Jefferson St, Nashville
$6,500,000
11,410 SqFt. ⋅ 3001755 MLS ⋅ ACTIVE Status
20 beds, 20 baths, 5 half baths portfolio of 5 fully operating short term rental residences within the acclaimed Alora development, one of Nashville’s most desirable new destinations. Alora offers a boutique living experience with more than a dozen curated finish packages across the community, creating individuality and elevated design at every turn. Licensed non-owner occupied properties of this quality are increasingly limited, making this offering an exceptional opportunity for investors seeking scale, performance, and long term upside in a thriving market. Each residence is fully furnished and meticulously prepared for immediate operation. Layouts feature 4 bedrooms, 4.5 baths, and open living spaces finished with premium materials. Chef inspired kitchens include high efficiency appliances, gas ranges, and expansive quartz countertops. Private rooftops extend the living experience outdoors, offering either fire pits with sweeping views of downtown or covered terraces with televisions, grills, and stylish furnishings. These amenities elevate the guest experience, drive premium nightly rates, and create memorable stays that encourage repeat bookings. The Alora community is fully access controlled and ideally positioned 1.5 miles from Broadway’s world famous honkytonks, minutes from Germantown’s acclaimed restaurant scene, and just 1mile from Amazon and Oracle’s East Bank headquarters. Centennial Park, Midtown nightlife, and Vanderbilt University are also nearby, ensuring consistent guest demand across multiple travel segments. Phase 2 of Alora will introduce a luxury resort style pool, a modern fitness center, and additional outdoor gathering areas, further enhancing guest appeal and strengthening long term value. Collectively the portfolio sleeps up to 60 guests and may qualify for 100% bonus depreciation with proper structuring. Immediate operational capacity, proven performance, and new amenities underway make Alora an incredibly compelling asset.

1020 Jefferson St, Nashville

115 Chalet Ln, Henderson
$825,000
5,952 SqFt. ⋅ 2990470 MLS ⋅ ACTIVE Status
Secluded retreat featuring 7 charming cabins on 12.81 acres in a gated community with a private drive leading to all cabins. Currently operated as a 55+ community, 5 of the cabins are rented, offering excellent income potential. The main cabin is a spacious 2-bedroom, 3-bath home with 1,600 sq. ft. and is occupied by the owner. Five cabins are 2-bedroom, 1-bath units with 768 sq. ft. each, and one cabin, currently used as the office cabin, is a studio with 1 bedroom, 1 bath, and 512 sq. ft. Located next to Chickasaw State Park and the Chickasaw Golf Course, this property offers an unbeatable setting for investment, a family retreat, or creating your own vision, all with privacy and natural beauty. With great potential as a family compound, the property can be zoned residential or commercial due to its location, and additional cabins may also be added for even more income or expansion opportunities. This unique property benefits from multiple demand sources, creating a strong niche-market opportunity beyond traditional vacation rentals. Potential guests include hunters, families visiting the state park, golfers, wedding and event attendees, college visitors (students, parents, alumni, and faculty), travelers seeking an authentic rural Tennessee experience, small corporate retreat groups, and families gathering for reunions or special occasions. The combination of income-producing cabins, expansion potential, and diverse guest appeal makes this a versatile investment with numerous possibilities. Visit chickasawchalet.com for more information and watch the video here: https://youtu.be/u1jzQnGXwo8?si=LKMGMGWXcKq-f1he.

115 Chalet Ln, Henderson

56 Mattox Rd, Lawrenceburg
$2,750,000
16,920 SqFt. ⋅ 2987866 MLS ⋅ ACTIVE Status
SVN Accel Commercial Real Estate is pleased to present a rare investment opportunity in Lawrenceburg, TN—eight all-brick duplex portfolio (56-71 Mattox Rd) totaling 16 fully occupied units, each built in 2017 or newer. These modern 2-bed, 1-bath residences feature high-end finishes and low-maintenance construction, delivering strong in-place cash flow and minimal CapEx requirements. With consistent rental history and a prime location across 14.75-acres—including an additional 2.33-acre parcel offering potential for future development or unit expansion—this professionally developed portfolio offers immediate income with long-term growth potential. Ideal for investors seeking scale, stability, and upside in a growing Tennessee market. Located between Nashville and Huntsville, Lawrenceburg is the multifamily hub of Lawrence County and a prime destination for workforce housing investment. The city boasts a growing population, low vacancy rates, and a rental market where newer units command $1,100–$1,300 per month. Anchored by major employers like Magna International and Southern Tennessee Regional Health System, the area benefits from strong job growth and over $30M in infrastructure investment. With 40% of local housing being renter-occupied and limited new supply, Lawrenceburg offers a compelling blend of stability and upside for multifamily investors. For More Information and access to the Deal Room please visit the deal page listed below labeled "Access to Deal Room"

56 Mattox Rd, Lawrenceburg

197 Wedgewood Ln, Spring City
$425,000
4,520 SqFt. ⋅ 2931920 MLS ⋅ ACTIVE Status
Unique Investment Opportunity in the Heart of Spring City! Discover the potential of this versatile property featuring 3 separate units on 1.5 private acres, just minutes from the heart of Spring City! Whether you're looking for rental income, a multi-generational family compound, or both, this property is full of possibilities. Unit 1 offers 3,000 sq. ft. of living space, showcasing an open-concept main floor with new flooring, new shower, new staircase, new windows, and a new back door. The home is now equipped with central HVAC, adding year-round comfort. Upstairs you'll find 2 spacious bedrooms and a full bath. The downstairs level includes a bedroom, a bathroom, and two additional rooms perfect for game rooms, offices, or storage. The lower level is ready for your finishing touches — with some materials already on-site — and opens to a fenced backyard. Unit 2, an attached efficiency or mother-in-law suite with its own separate address, features a full bath with new vanity, toilet, and windows, providing a private, self-contained living space ideal for guests or additional rental income. Unit 3 is a detached home with two bedrooms, one full bath, an open-concept living room, kitchen, and dining area, plus a full walkout basement. Updates include new windows, giving it a fresh and inviting feel. Tucked away yet conveniently located, these homes offer privacy, flexibility, and potential. Perfect as income-producing rentals, a family retreat, or a combination of both — this property is truly one of a kind! Don't miss your chance to make this unique property yours. Call today to schedule your showing!

197 Wedgewood Ln, Spring City

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Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2026 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.

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