6 Beds
2 Baths
1,647 SqFt
6 Beds
2 Baths
1,647 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,647 sqft
Price per Sqft $149
Subdivision Andersons
MLS Listing ID 1542951
Bedrooms 6
Year Built 1998
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 50X180
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Both units are currently leased and generating income from day one. Unit A rents for $1,075/month through March 2027, and Unit B rents for $1,095/month through June 2027, giving a new owner built in flexibility to bring rents to market as leases roll over. With Chattanooga's downtown momentum showing no signs of slowing, the long term appreciation potential here is hard to overstate.
The property has been thoughtfully maintained and updated. Unit A recently received a fresh remodel featuring new paint, new flooring and subflooring, and a new vanity. Unit B's water heater was replaced in 2019, and the roof is only 10 years old. Behind the scenes, a newer sump pump, French drain, and newer sewer line deliver real peace of mind and protect your investment for years to come.
Whether you are expanding a rental portfolio or buying your first income property, this duplex offers immediate cash flow, low maintenance updates, and a location tied directly to Chattanooga's growth story.
Property is fully occupied. Please do not disturb the tenants.
Location
State TN
County Hamilton
Area 0.5
Rooms
Basement Crawl Space
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Refrigerator, Electric Range
Heat Source Central
Exterior
Parking Features Off Street
Garage Description Off Street
Community Features None
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Garage No
Building
Faces From 153, south on Dodson Ave, right on Bachman, left on N Orchard Knob Ave.
Story One
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Hardy Elementary
Middle Schools Orchard Knob Middle
High Schools Brainerd High
Others
Senior Community No
Tax ID 136d D 027
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
Nearby Locations
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