4061 Teakwood Drive, Chattanooga, TN 37416

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
4061 Teakwood Drive,Chattanooga, TN 37416
$322,000
Virtual Tour
  • - Beds
  • - Baths
  • 1,920 sq. ft.
  • Multi-family
  • Pending
Listed by: drew carey, shayla hood
Office: exp realty, llc.
MLS#:1525188
Source:TN_CAR

Price summary

  • Price:$322,000
  • Price per sq. ft.:$167.71

About this home

PRICE DROP - MOTIVATED SELLER - STRONG RENT UPSIDE Fantastic opportunity to acquire a solid all-brick, one-level duplex now offered at a recently reduced price. The seller is highly motivated, making this an excellent time to secure a property with immediate income and room to increase returns. Each unit features 2 bedrooms and 1 bathroom. One side is currently occupied by long-term tenants on a month-to-month lease, providing instant cash flow, while the other unit is vacant and ready to rent or occupy. Current rents are below market, offering clear potential for higher rental income with minimal effort—ideal for investors looking to maximize returns or owner-occupants planning to live in one unit while renting the other at market rates. The occupied unit has already been updated, adding value and reducing near-term capital expenses. Outside, enjoy a large, flat, and private backyard, offering flexibility for tenant enjoyment or future improvements. Located in an area...

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Home facts

  • Year built:1969
  • Listing ID #:1525188
  • Added:98 day(s) ago
  • Updated:March 26, 2026 at 02:04 AM

Rooms and interior

  • Flooring:Carpet, Luxury Vinyl
  • Bathrooms Description:Tub/shower Combo
  • Bedroom Description:Primary Downstairs
  • Living area:1,920 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1969
  • Building area:1,920 sq. ft.
  • Lot area:0.25 Acres
  • Architectural Style:Ranch
  • Construction Materials:Brick
  • Exterior Features:Private Yard, Rain Gutters
  • Foundation Description:Slab
  • Levels:One

Utilities

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

Finances and disclosures

  • Price:$322,000
  • Price per sq. ft.:$167.71
  • Tax amount:$2,423

Features and amenities

  • Amenities:Laminate Counters, Open Floorplan

Parking

  • Parking description:Driveway, Off Street

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