Description
Income-producing duplex in Chattanooga offering a strong mix of stability and upside potential. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that continue to perform well in the local rental market. Unit A is leased at $816/month with a lease secured through April 20, 2027, providing long-term income stability. Unit B is currently leased at $1,224/month on a month-to-month basis, allowing flexibility for an investor to adjust rents to market or reposition the unit as needed. The spread in rents highlights an opportunity for future revenue growth while maintaining solid in-place cash flow. Ideal for investors seeking a low-maintenance asset with a balance of dependable income and value-add potential. Conveniently located with access to major roadways, employment centers, and everyday amenities, supporting continued tenant demand.
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4BEDS
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0.4ACRES
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0BATHS
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01/2 BATHS
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1,728SQFT
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$149$/SQFT
School Information
Description
Income-producing duplex in Chattanooga offering a strong mix of stability and upside potential. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that continue to perform well in the local rental market. Unit A is leased at $816/month with a lease secured through April 20, 2027, providing long-term income stability. Unit B is currently leased at $1,224/month on a month-to-month basis, allowing flexibility for an investor to adjust rents to market or reposition the unit as needed. The spread in rents highlights an opportunity for future revenue growth while maintaining solid in-place cash flow. Ideal for investors seeking a low-maintenance asset with a balance of dependable income and value-add potential. Conveniently located with access to major roadways, employment centers, and everyday amenities, supporting continued tenant demand.
7614 Noah Reid Road Chattanooga, TN 37416
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials BrickOther Exterior Features [] Fencing [] Foundation Details Slab Garage YN No Lot Features Sloped Other Structures [] Parking Features Off Street Patio And Porch Features [] Pool Features [] Roof Shingle Roof Shingle Yes Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances [] Basement [] Basement YN No Building Area Total 1728 Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating Central Heating YN Yes Interior Features [] Laundry Features [] Levels Two Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features None Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 2423.14 Utilities [] Water Source Public

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