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212 Gillespie Rd, Chattanooga, TN, 37411

4beds
4baths
1,664sqft
$250,000
$150price/sqft
$1,916/moest. monthly cost
$76,640/yrincome needed

About This Home

Great opportunity for an investor seasoned or just starting out. Seller is giving a $10,000.00 decoration allowance for side A. This property is on the transit line close to down town and shopping malls. One side is vacant and remodeled just for your new tenant which is side B the other side is occupied please give a 4 hour notice to view side A. Rents have been kept low for now but have room for an increase. Each unit has 2 bedrooms and a bath and a half. Come make this your future investment. Roof approx. 5 years old.

Getting Around

62
WalkingSomewhat Walkable
30
TransitSome Transit
20
BikeSomewhat Bikeable

Schools

5/10
4/10
Dalewood Middle SchoolGrades 6-81.6 mi
3/10
Brainerd High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 1979

Materials

  • Roof: Shingle

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 2
  • 1/2 bathrooms: 2

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,664
  • Total interior livable area: 1,664 sqft

Property

Details

  • Parcel number: 157a E 002

Lot

  • Lot size: 6,150 sqft
  • Lot size dimensions: 50 x 123

Parking

  • Parking features: Gravel,Off Street

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
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
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 $173$2,076
Property Taxes $304$3,648
Electricity $175$2,103
Total$1,916$22,992

Income You'd Need if You Spent...

35% on housing$65,691/yr
40% on housing$57,480/yr
45% on housing$51,093/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

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 37411$113
Hamilton County$197

vs Homes Sold Last Month

Median $/sqft

ZIP 37411
Hamilton County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Price change$250,000
2026-04-21Price change$269,500
2026-04-08Price change$279,500
2026-02-17Listed for sale$285,900
2002-05-14Sold$57,500

For Sale by Agent

AgentGerald Mitchell
BrokerageChattanooga Real Estate Co

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