4061 Teakwood Drive Chattanooga, TN $ 337,000
4061 Teakwood Drive
$ 337,000
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4061 Teakwood Drive

Chattanooga, TN, 37416
$ 337,000
Baths0.0 Sq 1,920

Monthly Estimate*

$ 2,102

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $337,000. This 1,920 square foot home was built on a lot size of 0.25.

Fantastic Investment Opportunity! Discover this solid-brick, one-level duplex featuring two spacious bedrooms, 1 bathroom units. One side is currently occupied by long-term tenants on a month-to-month lease, offering immediate rental income, while the other side is vacant and ready for its next occupant. This flexible setup is perfect for owner-occupants looking to live on one side and rent out the other, or for investors seeking to rent both units. The occupied unit has been updated, adding extra appeal and value. Enjoy the large, flat, and private backyard, ideal for outdoor living or future enhancements. Located in an area with strong rental demand, this property offers excellent potential for steady cash flow and long-term appreciation. Don't miss your chance to own a versatile, income-producing all-brick duplex!

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Multi-Family Coming Soon

Price

$ 337,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,423

Style

Ranch

Lot Size

0.25

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1525188

Features
Interior
Interior Amenities Laminate Counters Open Floorplan Primary Downstairs Tub/shower Combo
Flooring Carpet Luxury Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Vinyl Frames
Fireplace Y/N N
Above Grade Finished Area 1920.0
Laundry Features In Unit Main Level
Total Baths 0
Heating-Forced Air True
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General
Sewer Public Sewer
Heating Central Electric Forced Air
Cooling Central Air Electric
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Phone Available Sewer Available Sewer Connected Water Available Water Connected
Possession Close Of Escrow
Appliances Washer/Dryer Refrigerator Oven Microwave Free-Standing Range Free-Standing Electric Range Electric Oven Dishwasher
Patio/Porch Features Patio
Architectural Style Ranch
Construction Materials Brick None
Year Built 1969
Stories Count 1
Levels One
Property Subtype Duplex
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Harbor Place
Garage Y/N N
Status Coming Soon
Directions From the Chattanooga Airport take 153N to Exit 5A then turn left onto Webb Road and follow to make a right onto Webb Road then turn left on Teakwood and the duplex will be on your right.
High School Central High School
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 10890.0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Harrison Elementary
Land Lease Y/N N
Tax Annual Amount 2423.14
Home Warranty Y/N N
Middle/Junior High School Brown Middle
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Coming Soon
Legal Description Lt 6 Harbor Place Unit 2 Pb 25 Pg 9 9
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Exterior
Exterior Amenities Private Yard Rain Gutters
Parking Features Driveway Off Street
Lot Features Back Yard Level Private Rectangular Lot
Water Source Public
Inclusions N/A
Lot Size Area 0.25
Foundation Details Slab
Spa Y
Building Area Total 1920.0
Lot Size Acres 0.25
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4061
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* Excluded Features
List By
Exp Realty, Llc

Broker

drew@choicehomes.co

Email

Affordability Calculator

$2,304
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,102
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
1547876 Elementary School
1547369 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
12/12/2025$337,000 Listed Price

Map


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4061 Teakwood Drive, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $337,000 with 1,920 sqft and a lot size of 0.25. 4061 Teakwood Drive is a studio with 0.0 baths. The property's zip code is 37416 which is in Chattanooga, TN