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40534055 Teakwood Drive Chattanooga, TN $ 275,000
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$ 275,000 Get more info
40534055 Teakwood Drive
$ 275,000
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Share Save

40534055 Teakwood Drive

Chattanooga, TN, 37416
$ 275,000
Bedrooms4 Baths2.0 Sq 1,680

Monthly Estimate*

$ 1,716

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Multi-Family Home for sale in Chattanooga, TN

for $275,000 with 4 bedrooms and 2 full baths. This 1,680 square foot home was built in 1971.

Updated Duplex with Immediate Cash Flow Potential! 4053/4055 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking. Both units are currently rented and generating a total rental income of about $2,164 per month. It is currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning. This property can be purchased individually or along with MLS #'s 1523980 and 1523981 for a total $825,00 for all 3 duplexes.

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Multi-Family Contingent

Price

$ 275,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,423

Style

Duplex

Year Built

1971

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

3045737
Features
General
Living Area 1680
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Other
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Other Brick
Year Built 1971
Tenant Pays Other
Stories Count 1
Levels Three Or More
County Hamilton County TN
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name None
Status Under Contract - Showing
Buyer Financing Other Conventional FHA VA
Directions HWY 58 N turn left onto Webb Rd Right onto Arbor Place Ln Left onto Teakwood Dr. Duplex is on the Right.
High School Central High School
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Elementary School Harrison Elementary School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 2423
Middle/Junior High School Brown Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active Under Contract
Total Actual Rent 2164
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Exterior
Parking Features Detached Driveway
Water Source Public
Total Parking 0
Building Area Total 1680
Lot Dimensions 180X121.4
Waterfront Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features Electric Dryer Hookup Washer Hookup
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Internal Only
Street Number 1 40534055
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* Excluded Features
List By
Zach Taylor Chattanooga

Broker

emily@berrymanhomes.com

Email

Affordability Calculator

$1,918
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,716
Monthly Property Taxes
$202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4313825 Elementary School
3575055 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/14/2025$275,000 Listed Price

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40534055 Teakwood Drive, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $275,000 with 1,680 sqft. 40534055 Teakwood Drive has 4 bedrooms, 2.0 baths, and was built in 1971. The property's zip code is 37416 which is in Chattanooga, TN

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