1422 Stratton Place Dr Chattanooga, TN 37421
East Brainerd NeighborhoodEstimated payment $2,781/month
Highlights
- Open Floorplan
- Deck
- No HOA
- East Hamilton Middle School Rated A-
- Private Yard
- Den
About This Home
Welcome to 1422 Stratton Place Drive - an inviting INCOME PRODUCING duplex nestled in the highly desirable East Brainerd area! This convenient property offers easy access to major roadways, shopping centers, dining options, and everyday conveniences, making it an excellent choice for both homeowners, tenants and investors alike. Situated just off East Brainerd Road and mere minutes to Hamilton Place Mall & Gunbarrel Rd's top desinations. Unit A: 3 bedroom / 2.5 bathrooms
Unit B: 2 bedroom / 1.5 bathrooms The exterior showcases a classic, well maintained facade with ample off-street parking, welcoming covered front porch and neatly kept lawn, adding to its curb appeal. Each unit provides comfortable living spaces with nice natural light, recently updated flooring & paint, in-unit laundry, a main level half bathroom, large living rooms, private rear access to decks, outdoor storage rooms, and a functional environment for tenants or owner-occupants. Unit A: 3 upstairs bedrooms / 2 full bathrooms.
Leased for $1,995 per month. Unit B offers 2 upstairs bedrooms / 1 full hall bath. A grand renovation in 2025 with documentation records.
Leased for $1,471 per month. Roof & HVAC systems (x2) are estimated to have been replaced in 2020-2021. With its prime location and strong rental potential, this property presents a valuable opportunity to own an investment property in one of Chattanooga's most convenient & sought-after areas. Current Gross Rental Income: 3,466 / month. $41,592 annually. 48 hour advance notice & proof of funds or available financing required for all showings. Schedule your private viewing today! All information is deemed reliable but not guaranteed; buyers and agents are encouraged to independently verify all details deemed necessary.
Listing Agent
Real Estate Partners Chattanooga LLC License #334506 Listed on: 04/29/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,962
Year Built
- Built in 1980 | Remodeled
Lot Details
- 14,681 Sq Ft Lot
- Level Lot
- Private Yard
- Back and Front Yard
Home Design
- Duplex
- Brick Front
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Block And Beam Construction
- Stone
Interior Spaces
- 2,700 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Awning
- Blinds
- Living Room
- Breakfast Room
- Formal Dining Room
- Den
- Storage
- Basement
- Crawl Space
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- En-Suite Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Parking
- Garage
- Parking Accessed On Kitchen Level
- Driveway
- Off-Street Parking
Eco-Friendly Details
- Non-Toxic Pest Control
Outdoor Features
- Deck
- Covered Patio or Porch
- Outdoor Storage
Schools
- East Brainerd Elementary School
- East Hamilton Middle School
- East Hamilton High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Heat Pump System
- Separate Meters
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- The owner pays for exterior maintenance, insurance, management, pest control, taxes, trash collection
- Assessor Parcel Number 158l H 015
Community Details
Overview
- No Home Owners Association
- 2 Units
- Stratton Place Subdivision
- On-Site Maintenance
Building Details
- Gross Income $41,592
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $2,183 | $144,000 | $0 | $0 |
| 2024 | $595 | $26,600 | $0 | $0 |
| 2023 | $595 | $26,600 | $0 | $0 |
| 2022 | $595 | $26,600 | $0 | $0 |
| 2021 | $595 | $26,600 | $0 | $0 |
| 2020 | $763 | $61,400 | $0 | $0 |
| 2019 | $1,698 | $61,400 | $0 | $0 |
| 2018 | $1,525 | $61,400 | $0 | $0 |
| 2017 | $1,698 | $61,400 | $0 | $0 |
| 2016 | $1,577 | $0 | $0 | $0 |
| 2015 | $3,010 | $57,040 | $0 | $0 |
| 2014 | $3,010 | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $449,900 | +28.5% | $167 / Sq Ft | |
| 06/30/2023 06/30/23 | Sold | $350,000 | 0.0% | $130 / Sq Ft | View Prior Sale |
| 06/30/2023 06/30/23 | Rented | $350,000 | 0.0% | -- | |
| 05/12/2023 05/12/23 | For Rent | $350,000 | 0.0% | -- | |
| 05/11/2023 05/11/23 | Pending | -- | -- | -- | |
| 05/11/2023 05/11/23 | Under Contract | -- | -- | -- | |
| 05/09/2023 05/09/23 | For Sale | $350,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Northshore Title | |
| Quit Claim Deed | -- | Cumberland Ttl & Guaranty Co | |
| Warranty Deed | $127,000 | Key Title & Escrow Llc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $262,500 | New Conventional | |
| Previous Owner | $206,823 | Commercial |
Source: Greater Chattanooga REALTORS®
MLS Number: 1533558
APN: 158L-H-015
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