123 Yother Lane, Chattanooga, TN 37415

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
123 Yother Lane,Chattanooga, TN 37415
$1,870,000
  • 24 Beds
  • 16 Baths
  • 3,576 sq. ft.
  • Multi-family
  • Active
Listed by: sarah e brogdon
Office: real estate partners chattanooga llc.
MLS#:1543177
Source:TN_CAR

Price summary

  • Price:$1,870,000
  • Price per sq. ft.:$522.93

About this home

Investment opportunity in Red Bank featuring five well-maintained duplexes with 10 fully occupied units, plus two adjacent vacant lots offering future development potential. Listed under 123 Yother Lane, the portfolio includes multiple properties and addresses being offered together. Nine of the 10 units are currently month-to-month, giving a new owner flexibility to gradually increase rents and make updates as units turn over. Utilities are separately metered and paid by tenants, and the properties have been well maintained, with many featuring brick construction. The two vacant lots are located alongside the existing duplexes and are currently zoned RN-2, offering potential for additional residential development subject to buyer verification. Conveniently located near Downtown Chattanooga, Hixson shopping and dining, and major roadways, this portfolio combines immediate income with opportunities for rental growth and future expansion. Seller prefers to sell the five duplexes...

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Home facts

  • Year built:1988
  • Subdivision & Development:Yother Estates
  • Listing ID #:1543177
  • Added:1 day(s) ago
  • Updated:September 22, 2026 at 01:16 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:3,576 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1988
  • Building area:3,576 sq. ft.
  • Lot area:2.02 Acres
  • Construction Materials:Brick
  • Exterior Features:Rain Gutters
  • Levels:Two

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,870,000
  • Price per sq. ft.:$522.93
  • Tax amount:$3,175

Parking

  • Parking description:Concrete, Driveway, Garage

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