Multi-Family: MLS #1537097 Chattanooga, TN $ 395,000
Multi-Family: MLS #1537097
$ 395,000
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Multi-Family: MLS #1537097

Chattanooga, TN, 37405
$ 395,000
Bedrooms3 Baths2.0 Sq 1,320

Monthly Estimate*

$ 2,494

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Multi-Family Home for sale in Chattanooga, TN

for $395,000 with 3 bedrooms and 2 full baths. This 1,320 square foot home was built on a lot size of 0.3.

Turnkey investment opportunity in a highly desirable North Chattanooga location. This well-maintained duplex at 1322 Dallas Road is fully leased with both units occupied, offering immediate income and long-term investment potential. The property has seen numerous updates, including a new metal roof and fresh exterior paint in 2026. Both apartments feature renovated kitchens with updated cabinetry, appliances, and generous storage. Unit A offers granite countertops, while Unit B features butcher block countertops and a fully remodeled bathroom completed in 2024 with custom tile surround and updated fixtures. The bathroom in Unit A has also been renovated in recent years. Each unit enjoys its own private deck, dedicated laundry room, separate HVAC system, keypad entry, and abundant natural light. Hardwood flooring runs throughout the living areas and bedrooms, while double-pane windows and substantial insulation contribute to energy efficiency, reduced street noise, and minimal sound transfer between units. A storage shed serves Unit B and features a roof replacement completed around 2020. Situated on a mature lot with established landscaping, including Japanese maples, this property combines thoughtful updates, strong tenant appeal, and reliable income production in one of Chattanooga's most sought-after areas. Whether expanding an existing portfolio or acquiring a first investment property, this duplex presents a rare opportunity for immediate cash flow with significant capital improvements already completed.

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Multi-Family Active

Price

$ 395,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 3,175

Style

Duplex

Lot Size

0.3

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1537097

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow Subject To Tenant Rights
Roof Metal
Patio/Porch Features Awning(s) Deck Front Porch
Year Built 1930
Tenant Pays All Utilities
Property Subtype Duplex
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name North Chatt Map No 1
Garage Y/N N
Other Structures Shed(s) Storage
Status Active
Directions From North Shore north on North Market then turns into Dallas Rd. house on right.
High School Red Bank 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 13068.0
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Rivermont Elementary
Land Lease Y/N N
Tax Annual Amount 3175.56
Home Warranty Y/N N
Middle/Junior High School Red Bank Middle
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex
Standard Status Active
Legal Description LOT 11 BLK 38 MAP NO 1 NORTH CHATT PB3 PG31
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Interior
Flooring Hardwood Tile
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features In Basement In Unit Lower Level
Total Bedrooms 3
Total Baths 2
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Exterior
Parking Features Off Street Paved
Lot Features City Lot Level Sloped Down
Water Source Public
Lot Size Area 0.3
Spa N
Building Area Total 1320.0
Lot Dimensions 80X164.6
Lot Size Acres 0.3
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Keller Williams Realty

Broker

natalie@chattanoogaroots.com

Email

Affordability Calculator

$2,759
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,494
Monthly Property Taxes
$265
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1547604 Elementary School
1547449 Middle School
Red Bank High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$395,000 Listed Price

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