$391,000

Estimated payment $2,292/month

Total Views 631
-- Bed
-- Bath
3,120 Sq Ft
$125 Price per Sq Ft

Highlights

  • 1 Acre Lot
  • Granite Countertops
  • Side Porch
  • Wood Flooring
  • No HOA
  • Bathtub with Shower

About This Home

Unlock a high-performing, income-generating property in a prime location. This fully leased duplex brings in $3,120/month in rental income — $1,925 upstairs and $1,195 downstairs — offering immediate cash flow from day one. Recently appraised under both traditional market value and investment cash flow models, this property is strategically priced to provide a solid return.

Well-maintained and professionally managed, this investment offers the option to retain the current management team for a smooth, stress-free transition. Full tenant details, including lease terms and rent roll, will be provided during due diligence. Security deposits and prorated rents convey at closing, so you start earning without delay.

Key Highlights:
Two fully occupied units with strong rental history.
Recent appraisals confirm market and investment value.
Professional management in place for turnkey operation.
Security deposits and prorated rents transfer at closing.
Please respect tenant privacy ; no showings without a binding Purchase & Sale Agreement. Appraisals, inspections, and showings require 48 hours' notice to accommodate current residents.

This is the perfect addition to your portfolio — solid cash flow, strong location, and hands-off potential from day one.

Listing Agent

Ashley Cross

Oak and Willows Real Estate Collective PLLC License #349137 Listed on: 08/10/2025

Co-Listing Agent

Carlos Alvarez Castillo

Oak and Willows Real Estate Collective PLLC License #368264

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,936

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 65x187.5
  • Many Trees

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Bathtub with Shower
  • 3,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Woodmore Elementary School
  • Dalewood Middle School
  • Brainerd High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Green Features
  • Side Porch

Listing and Financial Details

  • Total Actual Rent $3,120
  • The owner pays for all utilities, management, taxes
  • Assessor Parcel Number 147p B 004

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Wildwood Addn Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,936

Year Built

Built in 1930 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Lot Size: 65X187.5
  • Road Frontage Type: Other
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: 17659
  • Co List Office Phone: 423-218-2212
  • Subdivision Name: Wildwood Addn
  • Directions: From Brainerd Road: turn onto Woodlawn Drive, then turn left onto Montview Drive. The house will be on the right side
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • Living Area: 3120.0
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1930
  • Appliances Refrigerators: Yes
  • Owner Pays:All Utilities: Yes
  • Location Tax and Legal Parcel Number2: 147p B 004
  • Location Tax and Legal Elementary School: Woodmore Elementary
  • Location Tax and Legal High School: Brainerd High
  • Location Tax and Legal:Tax Annual Amount: 1936.27
  • Location Tax and Legal Additional Parcels YN: No
  • 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: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Dimensions: 65X187.5
  • 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
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Interior Features Tub Shower Combo: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Dalewood Middle
  • Sewer:Public Sewer: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Foundation Details Block2: Yes
  • Security Features:Smoke Detector(s): Yes
  • Utilities:Water Available: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Stories2: 2
  • Appliances WasherDryer5: Yes
  • Flooring Luxury Vinyl: Yes
  • Levels Tri-Level: Yes
  • Utilities:Sewer Available: Yes
  • Appliances Water Heater2: Yes
  • Pets Allowed:Yes: Yes
  • General Property Information Green Features YN2: Yes
  • 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: Yes
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Pets Allowed:Size Limit: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Pets Allowed:Number Limit: Yes
  • Structure Type Duplex: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: None
  • Private Spa: No
  • Appliances: Water Heater, Washer/Dryer, Washer, Refrigerator, Electric Water Heater, Electric Range, Dryer, Disposal, Dishwasher
  • Other Equipment: None
  • Owner Pays: All Utilities, Management, Taxes, See Remarks
  • Basement YN: No
  • Fireplace: No
  • Flooring: Hardwood, Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Tub/shower Combo
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Community Features:None4: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Ceiling Fan(s)2: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Many Trees
  • Pool Features: None
  • View: No
  • Waterfront: No
  • Disclosures: None
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Exterior Features: None
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Side Porch
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Exterior Features:None8: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Many Trees: Yes
  • Patio and Porch Features:Side Porch: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No
  • Pets Allowed: Yes, Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Woodmore Elementary
  • High School: Brainerd High
  • Middle Or Junior School: Dalewood Middle

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Additional Parcels: No
  • Parcel #: 147p B 004

Rental Info

  • Tenant Pays: Electricity, Gas, Hot Water, Sewer, Trash Collection, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 2
  • Resident Manager Expense: 10.0
  • Total Actual Rent: 3120.0

Tax Info

  • Tax Annual Amount: 1936.27

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 $965 $43,150 $0 $0
2023 $965 $43,150 $0 $0
2022 $1,428 $63,840 $0 $0
2021 $1,428 $63,840 $0 $0
2020 $876 $31,680 $0 $0
2019 $876 $31,680 $0 $0
2018 $848 $31,680 $0 $0
2017 $876 $31,680 $0 $0
2016 $717 $0 $0 $0
2015 $1,430 $25,920 $0 $0
2014 $1,430 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 For Sale $391,000 +152.3% $125 / Sq Ft
08/02/2019 08/02/19 Sold $155,000 -22.1% $81 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $199,000 +784.4% $105 / Sq Ft
05/15/2012 05/15/12 Sold $22,500 -10.0% $9 / Sq Ft
04/30/2012 04/30/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $25,000 -- $10 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Title Guaranty & Trust Co
Trustee Deed $74,345 None Available
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,607 FHA
Closed $15,000 Stand Alone Second
Previous Owner $63,000 Purchase Money Mortgage
Source: Public Records

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Source: Greater Chattanooga REALTORS®

MLS Number: 1518451

Greater Chattanooga REALTORS®

APN: 147P-B-004