NOT LISTED FOR SALE

1343 Highland Rd Chattanooga, TN 37415

Estimated Value: $401,000 - $751,536

-- Bed
3 Baths
3,900 Sq Ft
$132/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $347,500 $89 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,060/month

3 Days on Market

Highlights

  • 4.94 Acre Lot
  • Deck
  • Eat-In Kitchen
  • Open Floorplan
  • No HOA
  • Brick Exterior Construction

About This Home

As of August 2022

Amazing opportunity for 2 investment properties in the Chattanooga area. Included are 2 triplex units side by side for a total of 6 units.
Total price for both units is $650,000.
Both buildings must be sold together.
Breakdown of all units:
3bedrooms /2 baths x2
3bedrooms /1.5 x2
2bedrooms / 1.5x2
All units have been updated over the years when tenants vacate. Each unit is large with a LR, dining room combo, spacious kitchen & laundry room, plus ample storage space in all units. All renovated with LVP flooring ,fresh paint and new decks, new kitchen/bath flooring, lighting, sinks, etc. All units have HVAC. All units are metered separate. Conveniently located near a Walmart shopping center.
Check out the potential for this piece of real estate.
All Units Annually $56,700.00
Cap Rate 6.51
Rents are below market.

Last Agent to Sell the Property

Kimberly Wolf

Keller Williams Realty License #00285922 Listed on: 07/15/2022

Keller Williams Realty

Last Buyer's Agent

Lorraine Johnson

Education Registration

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,846

Year Built

  • Built in 1980

Lot Details

  • 4.94 Acre Lot
  • Lot Dimensions are 215.0x142.07
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Storage
  • Washer and Dryer Hookup
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Patio

Schools

  • Dupont Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 109m C 021.02

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Highland Hills Subdivision

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $28,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,846

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.94
  • Lot Size: 215.0X142.07
  • Subdivision Name: Highland Hills
  • Directions: Hixson Pike North right on Ashland Terrace right in Highland Rd buildings on Right.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Living Area: 3900.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1980
  • Cooling:Electric: Yes
  • Percent Basement Finished: Yes
  • Location Tax and Legal Parcel Number2: 109m C 021.02
  • Location Tax and Legal Elementary School: DuPont Elementary
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 4846.28
  • 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: 4.939
  • General Property Information Lot Size Square Feet2: 215142.0
  • General Property Information Lot Size Dimensions: 215.0X142.07
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • 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
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Hixson Middle
  • General Property Information Stories2: 2
  • Levels:One and One Half: Yes
  • Pets Allowed:No: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: Yes
  • Unit 3 Washer Dryer Hookups3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Has Basement: Finished, Full
  • Basement YN: Yes
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Storage
  • Full Basement: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Lot Features: Sloped
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Sloped: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Pets Allowed: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: DuPont Elementary
  • High School: Hixson High
  • Middle Or Junior School: Hixson Middle

Lot Info

  • Lot Size Sq Ft: 215142.0
  • Parcel #: 109m C 021.02
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 28140.0

Tax Info

  • Tax Annual Amount: 4846.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2011
Sold by
Grosskreutz Dean A and Grosskreutz Jennifer A Winter
Bought by
Zavala Richard T and Larson Lorraine
Current Estimated Value
$522,067

Purchase Details

Closed on
Jun 28, 2011
Sold by
Fortner Kimberly Dawn and Winter Melissa Jo
Bought by
Grosskreutz Dean A and Grosskreutz Jennifer A Winter

Purchase Details

Closed on
Jun 30, 1995
Sold by
Curran Howard T
Bought by
Grosskreutz Dean A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zavala Richard T $143,200 None Available
Grosskreutz Dean A -- Title Guaranty & Trust Co
Grosskreutz Dean A $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith L P $101,442
Previous Owner Grosskruetz Dean A $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $347,500 +6.9% $89 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $325,000 -- $83 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

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 $2,416 $108,000 $0 $0
2023 $2,416 $108,000 $0 $0
2022 $2,416 $108,000 $0 $0
2021 $2,416 $108,000 $0 $0
2020 $1,660 $60,040 $0 $0
2019 $1,660 $60,040 $0 $0
2018 $1,620 $60,040 $0 $0
2017 $1,660 $60,040 $0 $0
2016 $1,622 $0 $0 $0
2015 $3,206 $58,640 $0 $0
2014 $3,206 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Wolf

    Seller's Agent in 2022

    Kimberly Wolf

    Keller Williams Realty

    (423) 240-4273

    2 in this area

    37 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lorraine Johnson

    Education Registration

  • K

    Buyer's Agent in 2022

    Karen Rhodes

    Berkshire Hathaway HomeServices Realty Center

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1359087

Greater Chattanooga REALTORS®

APN: 109M-C-021.02

Tennessee Hamilton County Chattanooga 37415

1343 Highland Rd, Chattanooga, TN

This home is located at 1343 Highland Rd, Chattanooga, TN 37415 since 15 July 2022 and is currently estimated at $512,884, approximately $131 per square foot. This property was built in 1980. 1343 Highland Rd is a home located in Hamilton County with nearby schools including DuPont Elementary School, Red Bank Middle School, and Red Bank High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Chattanooga REALTORS® IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.

Ten-X does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited

Copyright© 2025 by Chattanooga Association of REALTORS®

Nearby Homes