$157,500
SOLD MAR 20, 2026
-- Bed
-- Bath
1,040 Sq Ft
6,625 Sq Ft Lot Lot

Sale Details

Date Sold: March 20, 2026

$151 Per Sq Ft

2% Below List Price

2 Days on Market

Highlights

  • No HOA
  • Living Room
  • 1-Story Property
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of March 2026

Income-producing duplex priced for strong cash flow. Each unit offers 1 bedroom and 1 bathroom, serving steady workforce rental demand in the Chattanooga market. Unit 2016 is occupied by a long-term tenant through CHA's Housing Choice Voucher Program at $1,015/month -- government-backed income with low vacancy risk. Unit 2018 has been made rent-ready and is available for immediate lease-up. Projected gross income approaches ~$24,000 annually at full occupancy, offering attractive yield potential at this price point. Affordable small multifamily opportunities under $160K in Chattanooga are increasingly limited. Ideal for buy-and-hold investors, first-time landlords, or portfolio expansion. Contact me for additional financial details and to schedule a showing.

Last Agent to Sell the Property

Allyson Mildenberger

Mountain View Property Management, LLC License #356872 Listed on: 02/24/2026

Last Buyer's Agent

Alex Young

Keller Williams Realty License #346154

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,077

Year Built

  • Built in 1930

Lot Details

  • 6,625 Sq Ft Lot
  • Lot Dimensions are 50x132.5

Parking

  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Electric Range
  • Stove

Schools

  • Orchard Knob Elementary School
  • Orchard Knob Middle School
  • Brainerd High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units
  • Missionary Hgts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146c E 014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,077

Year Built

Built in 1930

Lot Details

6,625 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Lot Size: 50X132.5
  • Subdivision Name: Missionary Hgts
  • Above Grade Finished Sq Ft: 1040.0
  • Carport Y N: No
  • Garage Yn: No
  • Living Area: 1040.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1930
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 146c E 014
  • Location Tax and Legal Elementary School: Orchard Knob Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 1076.95
  • General Property Information Above Grade Finished Area: 1040.0
  • 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: 0.1521
  • General Property Information Lot Size Square Feet2: 6625.0
  • General Property Information Lot Size Dimensions: 50X132.5
  • 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 Spa YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Income-producing duplex priced for strong cash flow. Each unit offers 1 bedroom and 1 bathroom, serving steady workforce rental demand in the Chattanooga market. Unit 2016 is occupied by a long-term tenant through CHA's Housing Choice Voucher Program at $1,015/month -- government-backed income with low vacancy risk. Unit 2018 has been made rent-ready and is available for immediate lease-up. Projected gross income approaches ~$24,000 annually at full occupancy, offering attractive yield potential at this price point. Affordable small multifamily opportunities under $160K in Chattanooga are increasingly limited. Ideal for buy-and-hold investors, first-time landlords, or portfolio expansion. Contact me for additional financial details and to schedule a showing.
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Middle or Junior School: Orchard Knob Middle
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Cooling:Window Unit(s): Yes
  • General Property Information Green Features YN2: No
  • 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: No
  • Unit 2 Living Room4: Yes
  • Unit 2 Washer Dryer Hookups2: No
  • Unit 2 Efficiency2: No
  • Unit 2 Furnished4: Unfurnished
  • Unit 2 Den4: No
  • Unit 2 Separate Dining2: No
  • Unit 2 Microwave7: No
  • Cooling Wall Unit(s): Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Refrigerator, Electric Water Heater, Electric Range
  • Basement YN: No
  • Fireplace: No
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

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

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Orchard Knob Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 6625.0
  • Parcel #: 146c E 014

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1076.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2026
Closed on
Mar 17, 2026
Sold by
Alloggi Llc
Bought by
Farlett Stephen and Farlett James R
Seller's Agent
Allyson Mildenberger
Mountain View Property Management, LLC
Buyer's Agent
Alex Young
Keller Williams Realty
List Price
$159,900
Sold Price
$157,500
Premium/Discount to List
-$2,400
-1.5%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.31%
Original Mortgage
$118,125
Outstanding Balance
$118,010
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$38,939

Purchase Details

Closed on
Sep 9, 2021
Sold by
Washington Jerry
Bought by
Alloggi Llc

Purchase Details

Closed on
Sep 22, 2017
Sold by
Shelton Justin
Bought by
Washtington Jerry

Purchase Details

Closed on
Jan 23, 2012
Sold by
Williams Sonjia D
Bought by
Shelton Justin J

Purchase Details

Closed on
Nov 4, 2002
Sold by
Dave Irene G
Bought by
Williams Sonjia D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $157,500 Bridge City Title
Warranty Deed $55,000 Reli Settlement Sln Llc
Warranty Deed $40,000 Title Services Of Tennessee
Warranty Deed $9,000 None Available
Quit Claim Deed -- Pioneer Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $118,125 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 Sold $157,500 -1.5% $151 / Sq Ft
02/26/2026 02/26/26 Pending -- -- --
02/24/2026 02/24/26 For Sale $159,900 -- $154 / Sq Ft
Source: Greater Chattanooga REALTORS®

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 $728 $48,000 $0 $0
2024 $537 $24,000 $0 $0
2023 $537 $24,000 $0 $0
2022 $537 $24,000 $0 $0
2021 $537 $24,000 $0 $0
2020 $246 $8,880 $0 $0
2019 $246 $8,880 $0 $0
2018 $329 $8,880 $0 $0
2017 $246 $8,880 $0 $0
2016 $299 $0 $0 $0
2015 $663 $10,800 $0 $0
2014 $663 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1529163

Greater Chattanooga REALTORS®

APN: 146C-E-014

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