The 1800s at Park Central in Chattanooga sits on South Holtzclaw Avenue, directly across from Sculpture Fields at Montague Park. That is a specific place. It is not the same as every street that

Chattanooga Real Estate and Investment Guide
The 1800’s at Park Central: New Chattanooga Townhomes with a Distinct STVR Investment Opportunity
By Dixon Homes Realty | Chattanooga New Construction, Relocation and Investment Property
The 1800’s at Park Central is a planned 30-townhome community on South Holtzclaw Avenue near downtown Chattanooga, the Southside, UTC, Erlanger and Sculpture Fields at Montague Park. The community includes modern three-bedroom townhomes, garage parking and seven units that have been permitted for short-term vacation rental use.
Chattanooga continues to grow, but not every real estate opportunity should be evaluated the same way.
Some properties appeal primarily to homeowners. Others may work best as long-term rentals. A smaller number combine new construction, flexible living space, an accessible urban location and a specific short-term rental opportunity.
The 1800’s at Park Central townhome community brings those elements together in one Chattanooga development.
Located along South Holtzclaw Avenue, the community is positioned directly across from Sculpture Fields at Montague Park and within convenient reach of downtown Chattanooga, the Southside, the University of Tennessee at Chattanooga, Erlanger, Main Street and several major employment and entertainment destinations.
The townhomes offer modern layouts, three bedrooms, three full bathrooms in current plans, garage parking, higher ceilings, designer finishes, full-unit water filtration and energy-conscious construction features.
There is also an important investment component:
Seven units within the community have been permitted for short-term vacation rental use.
That creates a distinctive opportunity for an individual investor, a 1031 exchange buyer, an investment partnership or a group seeking multiple new-construction STVR properties within one coordinated Chattanooga community.
It is an exciting opportunity, but it still requires careful financial, legal, association and regulatory analysis.
At Dixon Homes Realty , we believe buyers and investors deserve to understand both sides of that conversation.
What Is The 1800’s at Park Central?
The 1800’s at Park Central is a new townhome community located at 1800 South Holtzclaw Avenue in Chattanooga, Tennessee.
The development is planned to include 30 modern three-bedroom residences. It is being developed by MiKen Development and built by Modus Build .
The community is designed to provide an alternative between traditional detached homes and larger apartment or condominium buildings.
This type of development is often described as missing-middle housing.
Missing-middle housing can include townhomes, duplexes, cottages and courtyard homes. It creates more residential density than a conventional subdivision while retaining individual entrances, residential-scale architecture and more privacy than many large multifamily properties.
In Chattanooga, this type of housing may appeal to buyers who want to live near downtown without purchasing a high-rise condominium or assuming the maintenance requirements of an older urban home.
Why Park Central Chattanooga Is Getting Attention
Park Central is part of an evolving district along South Holtzclaw Avenue near downtown Chattanooga.
The area has an industrial and institutional history, but former manufacturing properties are being adapted for residences, offices, artist studios, nonprofit organizations and community uses.
One former yarn-dyeing facility has been transformed into space used by organizations including ClearStory Arts, the Public Education Foundation and the Austin Hatcher Foundation.
Learn more about the area’s history and redevelopment through HK Architects’ Park Central adaptive-reuse overview .
That adaptive-reuse story gives Park Central a character that is different from a newly developed suburban community.
The neighborhood combines:
- New residential development
- Creative and artistic spaces
- Community and nonprofit organizations
- Offices and workplaces
- Outdoor recreation
- Convenient access to downtown and Southside destinations
The 1800’s is positioned directly across from Sculpture Fields at Montague Park, one of Chattanooga’s most distinctive public spaces.
The park provides open space, large-scale sculpture installations, trails and an outdoor setting that can be difficult to recreate within a new urban development.
What Is Near The 1800’s at Park Central?
The community provides convenient access to:
- Downtown Chattanooga
- Chattanooga’s Southside
- Main Street restaurants and businesses
- The University of Tennessee at Chattanooga
- Erlanger’s downtown medical campus
- Sculpture Fields at Montague Park
- Chattanooga National Cemetery
- Interstate and major roadway connections
- Restaurants, recreation and entertainment
Chattanooga remains largely car oriented, so not every downtown destination should be described as comfortably walkable from the townhomes.
A more accurate description is that The 1800’s offers short driving connections to many of the city’s most important employment, medical, educational and entertainment areas.
Buyers researching the wider market can also explore Chattanooga homes and real estate information from Dixon Homes Realty .
What Makes These Chattanooga Townhomes Different?
The location creates interest, but the townhomes themselves are a major part of the appeal.
Current designs include three bedrooms, three full bathrooms, open-concept living spaces, approximately 10-foot ceilings, contemporary kitchens and garage parking.
Townhome Features
Features associated with the community and current homes include:
- Three-bedroom floor plans
- Three full bathrooms in current plans
- Open living and dining areas
- Approximately 10-foot ceilings
- Stone or quartz-style countertops
- Stainless appliances
- Pantry storage
- Designer lighting
- Contemporary cabinetry
- Garage parking
- Full-unit water filtration
- Air-filtration features
- Energy-conscious construction
- Modern exterior design
- Outdoor living features, depending on the unit
Features, finishes, measurements and garage configurations may vary by townhome. Buyers should review the current MLS listing, floor plans, specifications, contracts, association documents and completed property before making a decision.
Flexible Three-Bedroom Floor Plans
The three-bedroom configuration gives the homes flexibility for different lifestyles and ownership strategies.
A townhome could serve as:
- A primary residence
- A home with a dedicated office
- Housing for a relocating family
- A residence for a medical professional
- Housing for UTC faculty, staff, students or parents
- A furnished corporate rental
- A traditional long-term rental
- A furnished mid-term rental
- A short-term vacation rental, where specifically permitted
- A home for empty nesters who want guest space
That flexibility can support broader market appeal.
A three-bedroom, three-bath layout may appeal to individuals, families, roommates, corporate occupants and groups traveling together.
Why Garage Parking Adds Practical Value
Garage parking may not receive the same attention as kitchen finishes or ceiling height, but it has meaningful practical value.
A garage can provide:
- Secure vehicle storage
- Protection from weather
- Additional household storage
- Space for bicycles and outdoor equipment
- Easier loading and unloading
- Greater convenience for residents and guests
Many downtown condominiums, apartments and older urban homes rely on surface or shared parking.
For an owner-occupant, a garage can improve daily life. For an investor, it may help the property stand apart from competing furnished rentals and downtown Chattanooga housing options.
Seven STVR-Permitted Units Create a Distinct Chattanooga Investment Opportunity
The most notable investment component at The 1800’s is the availability of seven units that have been permitted for short-term vacation rental use.
That is different from purchasing a property and assuming it might qualify for an STVR certificate later.
These seven units create an identifiable collection of new-construction Chattanooga investment properties within the same community.
Who Might Consider the Permitted Units?
- Individual STVR investors
- 1031 exchange buyers
- Investment partnerships
- Family investment groups
- Small hospitality operators
- Furnished-rental companies
- Corporate-housing providers
- Investors seeking multiple properties in one location
For an individual investor, one permitted townhome may offer an opportunity to own a furnished rental near downtown Chattanooga, UTC, Erlanger, the Southside and major visitor destinations.
For a 1031 exchange buyer, the available townhomes may be worth evaluating as potential replacement properties. Buyers should consult their own qualified tax and legal advisers regarding all exchange requirements and deadlines.
For an investment group, the seven units create the possibility of evaluating several properties within the same development.
Potential Advantages of Owning Multiple Units
A coordinated acquisition could create operational efficiencies such as:
- Similar floor plans and building systems
- Consistent furniture and interior design
- Centralized housekeeping coordination
- Simplified maintenance scheduling
- Shared supplies and operational systems
- Consistent guest branding
- The ability to accommodate larger groups across multiple townhomes
- More booking flexibility than a single-property operation
These are possible operating benefits. They are not guarantees of income, occupancy or investment performance.
Every investor should independently evaluate purchase price, financing, furnishing expenses, insurance, utilities, management, housekeeping, association dues, taxes, maintenance, occupancy, nightly rates, seasonality, platform expenses and regulatory compliance.
Who Might Stay in a Chattanooga Short-Term Rental?
Chattanooga attracts visitors for outdoor recreation, university activities, healthcare, business travel, conventions, weddings, sporting events, festivals and family visits.
A three-bedroom, three-bath townhome may appeal to:
- Families traveling together
- Multiple couples sharing accommodations
- Wedding guests
- Corporate and project-based travelers
- UTC parents, alumni and visitors
- Medical visitors and accompanying family members
- Outdoor recreation groups
- Guests staying for several days or weeks
- People relocating to Chattanooga
Compared with a standard hotel room, a townhome may provide separate bedrooms, multiple bathrooms, a kitchen, shared living space, laundry facilities, garage parking and additional privacy.
Those features do not guarantee bookings or occupancy. They help explain why the property design and location may appeal to short-term, mid-term and furnished-rental guests.
Chattanooga STVR Permits and Regulations Still Require Verification
The permitted status of the seven units is an important part of the opportunity, but every buyer should independently verify the certificate and eligibility of the specific property being considered.
The City of Chattanooga requires short-term vacation rental certification and maintains rules concerning eligibility, permitting and ongoing compliance.
Before purchasing a townhome for STVR operation, a buyer should confirm:
- The certificate associated with the specific property
- The certificate’s current status and expiration date
- Annual renewal requirements
- What happens following a sale or change in ownership
- The property’s current zoning and eligibility
- Parking and occupancy limitations
- Safety and inspection requirements
- HOA declarations, bylaws and rental restrictions
- Business licensing and tax obligations
- Insurance requirements for the intended use
- Whether professional management is needed
Review the official City of Chattanooga short-term vacation rental certificate and compliance information .
Buyers should obtain written documentation and appropriate professional advice rather than rely on assumptions or verbal representations.
A permit can be an important part of the property’s intended use, but it does not replace financial analysis, association review, inspections or regulatory due diligence.
Why New Construction Can Appeal to Chattanooga Investors
New construction may reduce some of the immediate renovation and replacement exposure associated with older investment properties.
Older homes can offer character and value, but they may also include aging roofing, plumbing, electrical systems, HVAC equipment and deferred maintenance.
Potential advantages of new construction include:
- Modern building systems
- Current floor plans
- New appliances and finishes
- Lower immediate renovation exposure
- Builder warranty protection, subject to its terms
- Energy-conscious features
- Contemporary spaces that may meet current resident and guest expectations
- More predictable initial maintenance planning
New construction should never mean skipping an independent inspection.
Buyers should review the builder warranty, confirm plans and specifications, document incomplete items and understand the process for requesting warranty service.
Builder Spotlight: Modus Build
The builder for The 1800’s is Modus Build , a Chattanooga-based construction company.
Modus describes its approach as hands-on and collaborative, with services that include pre-construction planning, estimating, scheduling, design coordination, construction management, inspections and project closeout.
Its Chattanooga-area portfolio includes residential, multifamily, commercial and adaptive-reuse work.
Projects associated with Modus include the Lodge Cast Iron Museum, Parkside Event Hall and Chattanooga FC’s headquarters.
Professional and industry contacts can also visit the Modus Build LinkedIn company page .
A builder’s background and portfolio matter, but buyers should still evaluate the specific townhome, builder warranty, plans and purchase contract.
Developer Spotlight: MiKen Development
The developer behind The 1800’s is MiKen Development .
Founded by Michael Kenner, MiKen has completed residential, townhome, cottage, mixed-use and adaptive-reuse projects in Nashville and Chattanooga.
Its development approach emphasizes neighborhood revitalization, greenspace, walkability, missing-middle housing and adaptive reuse.
MiKen’s involvement along South Holtzclaw extends beyond one row of townhomes.
That broader vision matters because buyers are purchasing within a developing neighborhood, not an isolated structure.
The developer’s plans may influence:
- Future construction phases
- Landscaping
- Infrastructure
- Surrounding uses
- Construction activity
- Community identity
- Long-term neighborhood appeal
Professional and investment contacts can also follow MiKen Development on LinkedIn .
Is The 1800’s a Good Option for Chattanooga Relocation Buyers?
The 1800’s may appeal to relocation buyers seeking new construction near downtown Chattanooga, UTC, Erlanger and the Southside.
Potential buyers may include:
- Medical professionals
- UTC faculty and staff
- Corporate executives
- Business owners
- Remote workers
- Young professionals
- Empty nesters
- Parents purchasing near UTC
- Buyers who want to experience Chattanooga before selecting a permanent neighborhood
The three-bedroom configuration also creates space for an office, guests, children or multigenerational living.
Buyers planning a move can review the Dixon Homes Realty relocation guide for Chattanooga and surrounding markets .
Additional neighborhood and relocation insight is available in our guide, Where Is the Best Place to Move in Chattanooga?
At Dixon Homes Realty, we help relocation buyers compare more than the home itself. We consider commute patterns, neighborhood development, association documents, inspections, financing, resale considerations and how the property fits the buyer’s longer-term plans.
Long-Term, Mid-Term and Corporate Rental Possibilities
The investment story at The 1800’s is not limited to short-term rentals.
The townhomes may also appeal to long-term tenants, furnished mid-term occupants and corporate renters.
Potential occupants may include:
- Medical professionals
- University employees
- Corporate personnel
- Remote workers
- Families relocating to Chattanooga
- Executives on extended assignments
- People building or renovating another home
- Residents who want to learn Chattanooga before purchasing
Depending on the specific property, permit status, association rules and owner goals, potential strategies may include:
- Traditional long-term leasing
- Furnished mid-term housing
- Corporate accommodations
- Owner occupancy
- STVR operation for a specifically permitted unit
Each strategy has different management requirements, operating expenses, tax considerations, insurance needs and income patterns.
A property-specific analysis should determine which approach may be appropriate.
Questions Investors Should Ask Before Purchasing
Before purchasing a townhome at The 1800’s, an investor should ask:
- What is the total acquisition cost?
- Which specific unit has an active STVR certificate?
- What are the certificate’s expiration and renewal requirements?
- What happens to the certificate after a transfer of ownership?
- What do the HOA declaration and rules allow?
- What are the current association dues?
- What insurance coverage is required?
- What are realistic furnishing and setup expenses?
- What are current competing rental rates?
- What occupancy assumptions are reasonable?
- What will management and housekeeping cost?
- How much should be reserved for maintenance and replacement?
- How could future construction affect operation or resale?
- What is the investor’s exit strategy?
An investor should use conservative assumptions.
The property should not depend on perfect occupancy, aggressive nightly rates or rapid appreciation to make financial sense.
Frequently Asked Questions About The 1800’s at Park Central
What is The 1800’s at Park Central?
The 1800’s is a planned 30-townhome community on South Holtzclaw Avenue near downtown Chattanooga, UTC, Erlanger, the Southside and Sculpture Fields at Montague Park.
Where is The 1800’s at Park Central located?
The community is located at 1800 South Holtzclaw Avenue in Chattanooga, Tennessee, directly across from Sculpture Fields at Montague Park.
How many bedrooms and bathrooms do the townhomes have?
Current plans include three bedrooms and three full bathrooms. Buyers should verify the exact layout, measurements and specifications of the individual property.
Do the Chattanooga townhomes include garages?
Yes. Garage parking is an important community feature. Buyers should confirm the garage capacity and configuration of the specific townhome.
How many units have been permitted for short-term vacation rental use?
Seven units within the community have been permitted for STVR use. Buyers should verify the current certificate, renewal date, property eligibility and ownership-transfer requirements for the specific unit.
Does an STVR permit guarantee rental income?
No. A permit does not guarantee bookings, nightly rates, occupancy, income, appreciation or investment returns. Investors should complete independent financial and market analyses.
Can an investment group purchase multiple townhomes?
An investment group may explore purchasing multiple available properties. Ownership structure, lending, taxation, permits, insurance and management should be reviewed with qualified professionals.
Can The 1800’s townhomes be used as long-term rentals?
Long-term leasing may be possible, subject to the HOA declaration, rules, lease restrictions and other documents governing the specific property.
Is The 1800’s suitable for relocation buyers?
The community may appeal to buyers seeking new construction near downtown Chattanooga, UTC, Erlanger and the Southside. Suitability depends on the buyer’s budget, commute, lifestyle and long-term plans.
Who is building The 1800’s?
Modus Build, a Chattanooga-based construction company, is the builder.
Who is developing The 1800’s?
MiKen Development is the developer behind The 1800’s at Park Central.
Should buyers inspect a newly built townhome?
Yes. Buyers should obtain an independent inspection and review the builder warranty, specifications, completion requirements and warranty-service process.
Final Thoughts: Is The 1800’s Worth Exploring?
The 1800’s brings together several characteristics that are difficult to find in one Chattanooga development.
It offers new construction, three-bedroom and three-bath layouts, garage parking, modern finishes, water filtration and convenient access to downtown Chattanooga, UTC, Erlanger, the Southside and Sculpture Fields.
For homeowners and relocation buyers, it offers a modern Chattanooga lifestyle close to the city.
For investors, the seven STVR-permitted units create a particularly interesting opportunity.
An individual investor may consider one townhome. A 1031 exchange buyer may evaluate available replacement-property options. An investment group may explore acquiring several properties and creating a coordinated furnished-rental operation within one community.
None of those strategies should be based on excitement alone.
Permits, financing, association rules, operating expenses, insurance, taxes, management, occupancy and exit planning still matter.
Good real estate investing requires discipline.
Discipline also means recognizing when the property, location, permitted use and direction of the surrounding neighborhood create an opportunity worth investigating.
At Dixon Homes Realty, our job is not simply to market these Chattanooga townhomes.
Our role is to help buyers and investors understand the opportunity, verify the facts, evaluate the risks and determine whether a property fits their goals.
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