1422 Stratton Place Drive Chattanooga, TN $ 449,900
1422 Stratton Place Drive
$ 449,900
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1422 Stratton Place Drive

Chattanooga, TN, 37421
$ 449,900
Bedrooms5 Baths6.0 Sq 2,700

Monthly Estimate*

$ 2,770

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Multi-Family Home for sale in Chattanooga, TN

for $449,900 with 5 bedrooms and 6 full baths. This 2,700 square foot home was built on a lot size of 0.34.

Welcome to 1422 Stratton Place Drive - an inviting INCOME PRODUCING duplex nestled in the highly desirable East Brainerd area! This convenient property offers easy access to major roadways, shopping centers, dining options, and everyday conveniences, making it an excellent choice for both homeowners, tenants and investors alike. Situated just off East Brainerd Road and mere minutes to Hamilton Place Mall & Gunbarrel Rd's top desinations. Unit A: 3 bedroom / 2.5 bathrooms Unit B: 2 bedroom / 1.5 bathrooms The exterior showcases a classic, well maintained facade with ample off-street parking, welcoming covered front porch and neatly kept lawn, adding to its curb appeal. Each unit provides comfortable living spaces with nice natural light, recently updated flooring & paint, in-unit laundry, a main level half bathroom, large living rooms, private rear access to decks, outdoor storage rooms, and a functional environment for tenants or owner-occupants. Unit A: 3 upstairs bedrooms / 2 full bathrooms. Leased for $1,995 per month. Unit B offers 2 upstairs bedrooms / 1 full hall bath. A grand renovation in 2025 with documentation records. Leased for $1,471 per month. Roof & HVAC systems (x2) are estimated to have been replaced in 2020-2021. With its prime location and strong rental potential, this property presents a valuable opportunity to own an investment property in one of Chattanooga's most convenient & sought-after areas. Current Gross Rental Income: 3,466 / month. $41,592 annually. 48 hour advance notice & proof of funds or available financing required for all showings. Schedule your private viewing today! All information is deemed reliable but not guaranteed; buyers and agents are encouraged to independently verify all details deemed necessary.

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Multi-Family Active

Price

$ 449,900

Bedrooms

5

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,961

Style

Duplex

Lot Size

0.34

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1533558

Features
Interior
Interior Amenities Breakfast Room Ceiling Fan(s) Eat-in Kitchen En Suite High Speed Internet Open Floorplan Plumbed Separate Dining Room Storage Tub/shower Combo
Basement Crawl Space
Flooring Carpet Luxury Vinyl
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Blinds Window Treatments
Fireplace Y/N N
Above Grade Finished Area 2700.0
Laundry Features Electric Dryer Hookup In Unit Laundry Closet Laundry Room Main Level Washer Hookup
Total Bedrooms 5
Total Baths 6
Heating-Heat Pump True
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General
Sewer Public Sewer
Heating Central Electric Heat Pump Separate Meters
Cooling Ceiling Fan(s) Central Air Electric Multi Units
Utilities Cable Connected Electricity Connected Phone Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Asphalt Shingle
Garage Spaces 0.0
Patio/Porch Features Awning(s) Covered Deck Patio Porch Porch - Covered Rear Porch
Construction Materials Block Brick Stone Other
Year Built 1980
Tenant Pays All Utilities Cable TV Electricity Sewer Water
Stories Count 2
Levels Two
Property Subtype Duplex
Community Features None
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Stratton Place
Garage Y/N Y
Status Active
Directions E Brainerd Rd then turn right onto Stratton Pl Dr. The property will be on the left-hand side. 1422 Stratton Place Drive. Latitude : 35.01147 Longitude : -85.160053
High School East Hamilton
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 14681.03
Carport Y/N N
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School East Brainerd Elementary
Land Lease Y/N N
Tax Annual Amount 4961.81
Home Warranty Y/N N
Current Financing Conventional
Middle/Junior High School East Hamilton
Property Condition Updated/Remodeled
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 Active
Occupancy Type Tenant
Legal Description LT 5 STRATTON PLACE REV 33-344
Year Built Effective 1980
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Exterior
Exterior Amenities Private Yard Storage
Fencing None
Parking Features Driveway Kitchen Level Off Street
Lot Features Back Yard Front Yard Level
Water Source Public
Inclusions All inclusive appliances; Kitchen Refrigerators.
Lot Size Area 0.34
Foundation Details Block
Spa N
Building Area Total 2700.0
Lot Dimensions 78x199 IR
Lot Size Acres 0.34
Road Surface Type Paved
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 1422
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* Excluded Features
List By
Real Estate Partners Chattanooga Llc

Broker

brianerwinrealestate@gmail.com

Email

Affordability Calculator

$3,184
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,770
Monthly Property Taxes
$413
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1547727 Elementary School
1547648 Middle School
East Hamilton High School High School
Pricing History
DatePricePrice ChangeDescription
4/29/2026$449,900 Listed Price

Map


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1422 Stratton Place Drive, Chattanooga, TN, 37421 is a Multi-Family Home for sale at $449,900 with 2,700 sqft and a lot size of 0.34. 1422 Stratton Place Drive has 5 bedrooms and 6.0 baths. The property's zip code is 37421 which is in Chattanooga, TN