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1223 Mississippi Ave

Chattanooga, TN 37405

3 bd 2 ba 1,250 sqft Built 1935 Lot 7,405 sqft single_family
Most recent sale
$252,000
Aug 31, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2024 Listed $375,000 Chattanooga
Aug 31, 2023 Sold $252,000 Chattanooga
Apr 30, 1998 Sold $52,000 Public Record
Mar 23, 1993 Sold $44,436 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $61,400 $1,373
2021 $61,400 $1,373
2020 $51,350 $1,419
2019 $51,350 $1,419
2018 $46,400 $1,283
2017 $46,400 $1,283
2016 $31,800 $879
2015 $31,800 $879
2014 $31,800 $879
2013 $31,800 $879
2012 $28,275 $781
2011 $28,275 $781
2010 $28,275 $781
2009 $28,275 $782
2008 $22,700 $716
2007 $22,700 $716

Property facts

Year built
1935
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,250 sqft
Lot size
7,405 sqft
ZIP code
37405
City
Chattanooga
Street
Mississippi Ave
Coordinates
35.06632, -85.29381

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,875
Gross rental yield
8.93%
Implied cap rate
5.80%
Trend-extrapolated value

Frequently asked questions

When did 1223 Mississippi Ave last sell?
1223 Mississippi Ave most recently sold on Aug 31, 2023 for $252,000.
What is the current tax assessment for 1223 Mississippi Ave?
The most recent total assessment for 1223 Mississippi Ave (year 2022) is $61,400 with $1,373 in property tax.
How does 1223 Mississippi Ave's assessment compare to its last sale price?
The current assessment is 75.6% below the last sale price of $252,000.
When was 1223 Mississippi Ave built?
1223 Mississippi Ave was built in 1935.
How does 1223 Mississippi Ave compare to others on Mississippi Ave?
We track 8 other properties on Mississippi Ave. Browse the list under "Other properties on Mississippi Ave" to compare beds, baths, and sale history.
What are the property facts for 1223 Mississippi Ave?
1223 Mississippi Ave is a 3 bed, 2 bath, 1,250 sqft, 7,405 sqft lot single_family.
Is 1223 Mississippi Ave a flip candidate?
No — 1223 Mississippi Ave does not appear in our flips dataset.
Is 1223 Mississippi Ave a tax-appeal candidate?
No — 1223 Mississippi Ave 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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