$320,000

1640 Thrasher Pike Hixson, TN 37343

Estimated payment $1,827/month

Total Views 1,672
-- Bed
-- Bath
2,208 Sq Ft
$145 Price per Sq Ft

Highlights

  • Deck
  • Eat-In Kitchen
  • Living Room
  • No HOA
  • Patio
  • Central Heating and Cooling System

About This Home

Investor Opportunity in Prime Hixson Location! This well-maintained duplex is a smart addition to any investment portfolio! Located directly across from Middle Valley Elementary and within walking distance to Walmart and other shopping in the heart of Hixson, this property offers strong rental potential in a desirable, convenient location. Each unit is currently occupied with month-to-month tenants, providing flexibility for future plans-whether you want to increase rents, renovate, or occupy one side and rent the other. Recent upgrades include:*New Roof & Gutters (2.5 years old)*New Stoves in both units (installed 1 year ago)*Hot Water Heaters: Unit 2 (3 years old); Unit 1 (5 years old)*HVAC in Unit 2 is just 2 years oldDon't miss this chance to own a multi-family property with built-in income and solid improvements in a high-demand area.

Listing Agent

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Properties License #291147 Listed on: 05/23/2025

Berkshire Hathaway HomeServices J Douglas Properties

Co-Listing Agent

Elizabeth Gregg

Berkshire Hathaway HomeServices J Douglas Properties License #368164

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,548

Year Built

  • Built in 1984

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 90x240
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven

Outdoor Features

  • Deck
  • Patio

Schools

  • Middle Valley Elementary School
  • Hixson Middle School
  • Hixson High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 083h B 043.03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,548

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • Lot Size: 90X240
  • Co List Office Mls Id: 17249
  • Co List Office Phone: 423-498-5800
  • Subdivision Name: None
  • Directions: Hixson Pike to left on Middle Valley Road. Left on Thrasher Pike. Property is on the left.
  • Unit Levels: Two
  • Living Area: 2208.0
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1984
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 083h B 043.03
  • Location Tax and Legal Elementary School: Middle Valley Elementary
  • Location Tax and Legal High School: Hixson High
  • Location Tax and Legal:Tax Annual Amount: 1548.31
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 0.49
  • General Property Information Lot Size Square Feet2: 21344.4
  • General Property Information Lot Size Dimensions: 90X240
  • 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
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Hixson Middle
  • Sewer:Public Sewer: 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: No
  • 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
  • Structure Type Duplex: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Oven
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 083h B 043.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1548.31

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 $1,530 $68,400 $0 $0
2023 $1,548 $68,400 $0 $0
2022 $1,548 $68,400 $0 $0
2021 $1,548 $68,400 $0 $0
2020 $1,099 $39,080 $0 $0
2019 $1,099 $39,080 $0 $0
2018 $1,099 $39,080 $0 $0
2017 $1,099 $39,080 $0 $0
2016 $1,060 $0 $0 $0
2015 $1,060 $37,680 $0 $0
2014 $1,060 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $320,000 +245.9% $145 / Sq Ft
11/15/2013 11/15/13 Sold $92,500 +3.9% $46 / Sq Ft
11/07/2013 11/07/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $89,000 -- $45 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $92,500 First Title
Warranty Deed $89,000 --
Warranty Deed $75,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $71,200 No Value Available
Previous Owner $75,450 FHA
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1512821

Greater Chattanooga REALTORS®

APN: 083H-B-043.03