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607 Franklin St

Chattanooga, TN 37405

3 bd 2 ba 1,628 sqft Built 1940 Lot 8,276 sqft multi_family
Most recent sale
$450,000
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 6, 2025 Sold $458,000 Chattanooga
Jul 14, 2022 Sold $450,000 Public Record
Jul 11, 2022 Sold $450,000 RealTracs
Jun 8, 2022 Listed $449,000 MLS #1356546
Aug 23, 2021 Sold $213,000 Public Record
Jun 30, 1997 Sold $39,500 Public Record
Mar 29, 1988 Sold $27,680 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $81,240 $1,818
2020 $72,760 $2,012
2019 $72,760 $2,012
2018 $72,760 $2,012
2017 $72,760 $2,012
2016 $36,840 $1,019
2015 $36,840 $1,019
2014 $36,840 $1,019
2013 $36,840 $1,019
2012 $28,080 $776
2011 $28,080 $776
2010 $28,080 $776
2009 $28,080 $776
2008 $24,960 $787

Property facts

Year built
1940
Property type
multi_family
Stories
1
Beds
3
Baths
2
Living area
1,628 sqft
Lot size
8,276 sqft
ZIP code
37405
City
Chattanooga
Street
Franklin St
Coordinates
35.06933, -85.30692

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,442
Gross rental yield
6.51%
Implied cap rate
4.23%
Trend-extrapolated value

Frequently asked questions

When did 607 Franklin St last sell?
607 Franklin St most recently sold on Jul 14, 2022 for $450,000.
What is the current tax assessment for 607 Franklin St?
The most recent total assessment for 607 Franklin St (year 2021) is $81,240 with $1,818 in property tax.
How does 607 Franklin St's assessment compare to its last sale price?
The current assessment is 81.9% below the last sale price of $450,000.
When was 607 Franklin St built?
607 Franklin St was built in 1940.
How does 607 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 607 Franklin St?
607 Franklin St is a 3 bed, 2 bath, 1,628 sqft, 8,276 sqft lot multi_family.
Is 607 Franklin St a flip candidate?
Yes — 607 Franklin St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 607 Franklin St a tax-appeal candidate?
No — 607 Franklin St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$430.5K
2026 Q4
$429.1K
ZIP 37405 — Median Price History + Forecast

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