2585 E  40th St, Chattanooga, TN 37407
Property image
Property image
SOLD
MAR 6, 2026

2585 E 40th St
Chattanooga, TN 37407

East Lake
  • 1 Bed
  • 1 Bath
  • 644 sqft

$110,000

Last Sold: Mar 6, 2026
10% below list $123K
$171/sqft
Est. Refi. Payment $679/mo*

$110,000

Last Sold: Mar 6, 2026
10% below list $123K
$171/sqft
Est. Refi. Payment $679/mo*
1 Bed
1 Bath
644 sqft

Local Information

  • Map ViewExplore the area around 2585 E 40th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Your hip, urban, simple life awaits! This adorable, move-in-ready, one-bedroom studio home in the heart of the city is your answer to convenience and simplicity. Fully remodeled in 2022 and refreshed with new interior paint in 2024, new side lean-to added with solor lighting in 2024. There is zero carpet in this home for a clean, modern feel. The living room, generously sized bedroom, and bathroom have newer LVP flooring. The kitchen has newer cabinetry and solid butcher-block countertops added in 2024. The house has been recently painted with a modern, colorful palette. You will love the fully fenced backyard with a fire pit for private downtime. Plus a new 8x8 storage backyard shed and lean-to in the back remain with the property to neatly store all your stuff! Newly rebuilt porch welcomes you home!
2585 E 40th St, Chattanooga, TN 37407 is a 1 bedroom, 1 bathroom, 644 sqft single-family home in East Lake, built in 1925. It last sold for $110,000 on Mar 6, 2026 (10% below the $122,900 asking price). It is currently off market. The Trulia Estimate is $110,100, with a rent estimate of $1,000/month.

Home Highlights

Parking
No Info
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$171/sqft
Listed
146 days ago

Home Details for 2585 E 40th St

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom, Family Room, Kitchen
Beds & Baths
Number of Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 644 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water ConnectedAppliances: Free-Standing Electric Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Window: Insulated Windows, Vinyl FramesFlooring: Luxury Vinyl, Tile
Levels, Entrance, & Accessibility
Levels: OneFloors: Luxury Vinyl, Tile
View
No View

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: Deck, Rear PorchFencing: FencedOther Structures: Shed(s)Exterior: None, Private Yard, Rain GuttersFoundation: Block
Parking & Garage
No CarportNo GarageParking: Gravel,Off Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 644

Property Information

Year Built
Year Built: 1925
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Contemporary
Building
Construction Materials: Vinyl SidingNot a New ConstructionNo Additional ParcelsDoes Not Include Home Warranty
Property Information
Parcel Number: 168g C 019

Price & Status

Price
List Price: $122,900Price Per Sqft: $171/sqft
Status Change & Dates
Off Market Date: Fri Feb 20 2026Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: ChattanoogaCommunity: Fairview Addn
School Information
Elementary School: Clifton Hills ElementaryJr High / Middle School: East Lake Academy of Fine ArtsHigh School: Howard School of Academics & Tech

Building

Building Area
Building Area: 644 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 3049.2 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 1528115Above Grade Unfinished Area: 644
Last check for updates: about 3 hours ago
Listed by Martin Scott, (423) 838-8040
Keller Williams Realty
Jane Scott, (423) 313-1798
Keller Williams Realty
Bought with: Yadi G Rosales, (423) 710-6046, Coldwell Banker Pryor Realty
Source: Greater Chattanooga Realtors, MLS#1528115

Price History for 2585 E 40th St

DatePriceEventSource
03/06/2026$110,000Sold
Greater Chattanooga Realtors #1528115
02/21/2026$122,900PendingGreater Chattanooga Realtors #1528115
02/12/2026$122,900Listed For SaleGreater Chattanooga Realtors #1528115
11/18/2024$120,000Sold
Greater Chattanooga Realtors #1396516
10/26/2024$129,900PendingRCAR #20243338
07/29/2024$129,900Listed For SaleRCAR #20243338
07/27/2024ListingRemovedRCAR #20240347
05/28/2024$129,900PriceChange
RCAR #20240347
04/11/2024$143,000PriceChange
RCAR #20240347
02/22/2024$154,500PriceChange
RCAR #20240347
01/27/2024$164,500Listed For SaleGreater Chattanooga Realtors #1385820
02/24/2022$75,000Sold
N/A
02/05/2022$80,000ContingentGreater Chattanooga Realtors #1349323
02/02/2022$80,000Listed For SaleGreater Chattanooga Realtors #1349323
12/17/2019$32,500Sold
N/A
11/14/2019$1,759Sold
N/A

Market trends in Chattanooga

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$324K
$10.35K
MoM
Sale-to-List Price
98.0%
0.1%
MoM
Price per sq ft
$188
$0
MoM
Available listings
1118
67
MoM
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Property Tax and Assessment

Year2025
Tax$445
Assessment$117,400
Home facts updated by county records

Comparable Sales for 2585 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$60,000
09/18/25
2
1
868
0.35
Single-Family Home
$108,000
11/07/25
2
1
720
0.57
Single-Family Home
$50,000
03/19/26
1
1
798
0.37
Single-Family Home
$100,000
05/18/26
2
1
824
0.33
Single-Family Home
$170,000
11/19/25
2
1
840
0.36
Single-Family Home
$125,000
06/23/26
2
1
1,062
0.37
Single-Family Home
$69,000
08/11/25
2
1
830
0.10
Single-Family Home
$206,000
12/10/25
3
1
1,231

Nearby homes

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about East Lake

At least 13 Trulia users voted on each feature.
  • 100 % Say yards are well-kept

  • 95 % Say parking is easy

  • 86 % Say it's dog friendly

  • 69 % Say there are sidewalks

  • 64 % Say car is needed

  • 56 % Say kids play outside

  • 54 % Say it's quiet

  • 54 % Say there's holiday spirit

  • 52 % Say streets are well-lit

  • 40 % Say neighbors are friendly

  • 38 % Say they plan to stay for at least 5 years

  • 36 % Say it's walkable to grocery stores

  • 33 % Say it's walkable to restaurants

  • 32 % Say people would walk alone at night

  • 29 % Say there's wildlife

  • 22 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Rebecca Shannon
    "Trash everywhere and people let cats and dogs roam. Thief is very high in this area. Cars park all over sides of street and will park in front of other people homes."
  • Carlette M.
    "Live there for 19 years nice neighbors,no body has ever touch anything or stole any thing.Have left door open and gone all day.Great place to live"
  • Brian H.
    "East Lake is an older neighborhood on the rebound. Middle class folks moved out thirty years ago and many of the properties became rentals. Crime went up. Then ten years ago, a few people started buying properties at unbelievable prices and investing in the neighborhood again. There are an abundance of older craftsman style houses here if you have a working and creative spirit. I love seeing all the remodeling happening all around me."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 2585 E 40th St

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Off Market Homes Near 2585 E 40th St

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IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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