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207 Laws Ave, Chattanooga, TN, 37411

3beds
3baths
1,620sqft
$285,000
$176price/sqft
$2,135/moest. monthly cost
$85,400/yrincome needed

About This Home

Located on a quiet street surrounded by single-family homes, this well-maintained triplex offers solid rental potential in a convenient city location. Each unit features its own washer and dryer hookup for stackable units, plus a refrigerator and stove--making it move-in ready for tenants. The level lot provides ample off-street parking and easy access for residents. With its central location near major employers, shopping, and schools, this property is perfectly positioned for steady rental demand. Whether you're an investor expanding your portfolio or an owner-occupant seeking additional income, this triplex is a smart and practical choice in today's market.

Getting Around

52
WalkingSomewhat Walkable
27
TransitSome Transit
51
BikeBikeable

Schools

3/10
Barger AcademyGrades K-50.5 mi
4/10
Dalewood Middle SchoolGrades 6-81.6 mi
3/10
Brainerd High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1947

Materials

  • Roof: Metal

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s),Wall Unit(s)

Interior Area

  • Total structure area: 1,620
  • Total interior livable area: 1,620 sqft

Property

Details

  • Parcel number: 157g H 005
  • Special condition: Investor

Lot

  • Lot size: 0.43 Acres
  • Features: Level
  • Lot size dimensions: 100 x 186.64

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

  • Inland Flooding
    Inland FloodingVery High
  • Tornado
    TornadoVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Lightning
Strong Wind
Winter Weather
Cold Wave
Earthquake
Ice Storm

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 $1,441$17,292
Home Insurance $173$2,076
Property Taxes $346$4,152
Electricity $175$2,103
Total$2,135$25,620

Income You'd Need if You Spent...

35% on housing$73,200/yr
40% on housing$64,050/yr
45% on housing$56,933/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

$176This listing

vs Other Active Listings

Avg $/sqft

ZIP 37411$112
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
2026-03-30Price change$299,950
2026-03-03Price change$310,000
2026-01-29Price change$320,000
2025-12-09Price change$325,000
2025-10-06Listed for sale$330,000
2025-08-21Listing removed$350,000
2025-05-20Listed for sale$350,000
2022-03-30Sold$286,000
2022-02-07Contingent$280,795
2022-02-03Listed for sale$280,795
2019-04-04Sold$77,000
2019-03-01Pending sale$75,000
2019-02-22Listed for sale$75,000

For Sale by Agent

AgentCarmen Klapper
BrokerageCompass Tennessee

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