$300,000

Estimated payment $1,837/month

Total Views 2,853
-- Bed
-- Bath
2,328 Sq Ft
$129 Price per Sq Ft

Highlights

  • No HOA
  • Brick Exterior Construction
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Living Room
  • 1-minute walk to Caruthers Park

About This Home

Don't miss this rare opportunity to own a fully functional duplex in the heart of Chattanooga, offering strong cash flow potential and long-term upside. Located at 1203 E34th Street, this under-rented duplex features two spacious units, each with 3 bedrooms and 2 full bathrooms—a rare and highly desirable layout for the area.

Each side offers generous square footage, open living spaces, and functional layouts that attract tenants seeking more room without sacrificing convenience. With both units currently rented below market value, there's significant room for immediate rent increases and improved cash-on-cash return. Live in one side and rent the other, or lease both for solid investment income.

Situated in a central Chattanooga location near schools, public transit, dining, and just minutes from downtown, this duplex offers easy access to all the city has to offer—while giving your tenants the space and privacy of a full home.

Whether you're a first-time investor or looking to expand your portfolio, this multi-family property checks all the boxes: location, layout, and upside potential. Don't wait—properties like this don't last long!

Both 1201 and 1203 E 34th St are available for sale. All but one tenant are on a month to month term. Eligible for Vouchers.

1203 E34th street does require flood insurance at $3517/year

No showings until contract in place. Please do not disturb tenants.

This must be sold as a package including 1201 and 1203 e34th street, two adjacent properties and duplexes.

Listing Agent

Jennifer Dixon

LPT Realty LLC License #361300 Listed on: 06/30/2025

LPT Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,420

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 126.60x100.0
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,328 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Schools

  • Calvin Donaldson Elementary School
  • East Lake Academy Of Fine Arts Middle School
  • Howard School Of Academics & Tech High School

Additional Features

  • Flood Insurance May Be Required
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 156p E 027.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • White City Ammended Subdivision

Building Details

  • Gross Income $20,928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,420

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Lot Size: 126.60X100.0
  • Subdivision Name: White City Ammended
  • Directions: Take 27 south to 34th street. Take a right on 34th. Follow it until you make it to 1201.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 2328.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2004
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 156p E 027.01
  • Location Tax and Legal Elementary School: Calvin Donaldson Elementary
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 2419.55
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Dimensions: 126.60X100.0
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: East Lake Academy of Fine Arts
  • Sewer:Public Sewer: Yes
  • Fencing Fenced: Yes
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 2.0
  • Unit 1 Furnished3: Unfurnished
  • Unit 1 Den3: No
  • Unit 1 Living Room3: Yes
  • Unit 1 Separate Dining: No
  • Unit 1 Microwave6: Yes
  • Unit 1 Washer Dryer Hookups: Yes
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Unfurnished
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: No
  • Disclosures Flood Insurance May Be Required: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Disclosures: Flood Insurance May Be Required
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Calvin Donaldson Elementary
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: East Lake Academy of Fine Arts

Lot Info

  • Lot Size Sq Ft: 8276.4
  • Parcel #: 156p E 027.01

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20928.0

Tax Info

  • Tax Annual Amount: 2419.55

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,206 $53,920 $0 $0
2023 $1,206 $53,920 $0 $0
2022 $1,206 $53,920 $0 $0
2021 $1,206 $53,920 $0 $0
2020 $1,205 $43,560 $0 $0
2019 $1,205 $43,560 $0 $0
2018 $1,118 $43,560 $0 $0
2017 $1,205 $43,560 $0 $0
2016 $1,205 $0 $0 $0
2015 $2,326 $43,560 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 For Sale $300,000 +24.0% $129 / Sq Ft
03/15/2022 03/15/22 Sold $242,000 -51.4% $104 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $498,000 +249.5% $214 / Sq Ft
08/30/2019 08/30/19 Sold $142,500 -10.9% $61 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $160,000 -- $69 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $242,000 Bridge City Abstract
Warranty Deed $142,500 First Title
Quit Claim Deed -- None Available
Special Warranty Deed $79,000 Associates Closing & Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $169,400 New Conventional
Previous Owner $106,875 New Conventional
Previous Owner $99,750 Fannie Mae Freddie Mac
Source: Public Records

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Source: Greater Chattanooga REALTORS®

MLS Number: 1515766

Greater Chattanooga REALTORS®

APN: 156P-E-027.01