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1445 Fagan St Unit 305, Chattanooga, TN, 37408

1beds
1baths
803sqft
$250,000
$311price/sqft
$1,874/moest. monthly cost
$74,960/yrincome needed

About This Home

ACTIVE SHORT-TERM VACATION RENTAL PERMIT — TRANSFERABLE! Live in the heart of Chattanooga's hottest neighborhood — the Southside Chattanooga — with this sleek, low-maintenance condo at Fagan Flats. This is a rare, high-upside opportunity for investors or owner-occupants seeking flexibility, convenience, and true walkable urban living — with built-in income potential from day one. Step outside and you're immediately connected to the best of the Southside lifestyle — just moments from Main Street dining, Station Street entertainment, the historic Chattanooga Choo Choo campus, Sculpture Fields, and Finley Stadium. Start your mornings at neighborhood cafés, spend afternoons exploring galleries and breweries, and bike or scoot to the Riverwalk in minutes. Few locations offer this level of access to food, fun, fitness, and culture all in one place. Secure entry, easy access, and low-maintenance construction deliver true lock-and-leave convenience for full-time living, part-time stays, or short-term rental use. The modern, streamlined design pairs urban energy with residential comfort, creating a space that feels both stylish and practical. Whether you're building your portfolio, securing a city base, or capturing a permitted short-term rental in a high-demand corridor, this property checks the boxes for location, flexibility, and income opportunity — all in one of Chattanooga's most vibrant addresses.

Getting Around

47
WalkingCar-Dependent
33
TransitSome Transit
68
BikeBikeable

Schools

3/10
4/10
The Howard SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 2022

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Fiber Cement

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Electric Water Heater,Free-Standing Electric Range,Microwave,Stainless Steel Appliance(s),Tankless Water Heater
  • Laundry features: Electric Dryer Hookup,Laundry Room,In Unit,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Breakfast Bar,Ceiling Fan(s),Eat-in Kitchen,Granite Counters,High Ceilings,Kitchen Island,Open Floorplan,Tub/shower Combo
  • Flooring: Luxury Vinyl,Tile,Vinyl
  • Finished area above ground: 803

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 803
  • Total interior livable area: 803 sqft

Property

Details

  • Parcel number: 146p F 007 C305

Features

  • Levels: One
  • Patio & porch: Deck,Patio
  • Exterior features: Balcony

Lot

  • Lot size dimensions: 0

Parking

  • Parking features: Assigned,Concrete,Off Street,Parking Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Earthquake
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,264$15,168
Home Insurance $158$1,896
Property Taxes $277$3,324
Electricity $175$2,103
Total$1,874$22,488

Income You'd Need if You Spent...

35% on housing$64,251/yr
40% on housing$56,220/yr
45% on housing$49,973/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.7%
7.7%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.1%
-1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 37408$231
Hamilton County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 37408
Hamilton County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-25Price change$270,000
2026-02-23Price change$275,000
2026-02-05Listed for sale$285,000
2025-12-01Listing removed$249,999
2025-09-16Price change$249,999
2025-06-26Price change$258,000
2025-04-16Price change$265,000
2025-03-18Listed for sale$279,500
2023-04-10Sold$264,900
2023-01-13Contingent$264,900
2022-12-29Price change$264,900
2022-11-04Price change$274,900
2022-10-13Listed for sale$279,900
2022-04-05Sold$187,500

For Sale by Agent

AgentRobert W Moss
BrokerageKeller Williams Realty

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