$275,000

4053 Teakwood Dr Chattanooga, TN 37416

Murray Hills Neighborhood

Estimated payment $1,648/month

-- Bed
-- Bath
1,680 Sq Ft
$164 Price per Sq Ft

Highlights

  • 0.5 Acre Lot
  • Brick Exterior Construction
  • Living Room
  • No HOA
  • Bathtub with Shower
  • Laundry Room

About This Home

Updated Duplex with Immediate Cash Flow Potential! 4053/4055 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking. Both units are currently rented and generating a total rental income of about $2,164 per month. It is currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning. This property can be purchased individually or along with MLS #'s 1523980 and 1523981 for a total $825,00 for all 3 duplexes.

Listing Agent

Emily Berryman

Zach Taylor - Chattanooga License #348049 Listed on: 11/14/2025

Zach Taylor - Chattanooga

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 180x121.4
  • Back and Front Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Bathtub with Shower
  • 1,680 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Stove
  • Free-Standing Range
  • Dishwasher

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Accessed On Kitchen Level
  • Driveway
  • Off-Street Parking

Schools

  • Harrison Elementary School
  • Brown Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 120o H 015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,423

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 180X121.4
  • Road Frontage Type: City Street
  • Subdivision Name: None
  • Directions: HWY 58 N, turn left onto Webb Rd, Right onto Arbor Place Ln, Left onto Teakwood Dr. Duplex is on the Right.
  • Architectural Style: Ranch
  • Unit Levels: One
  • Living Area: 1680.0
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex, Multi Family
  • Year Built: 1971
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 120o H 015
  • Location Tax and Legal Elementary School: Harrison Elementary
  • Location Tax and Legal High School: Central High School
  • Location Tax and Legal:Tax Annual Amount: 2423.14
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 0.5017
  • General Property Information Lot Size Square Feet2: 21852.0
  • General Property Information Lot Size Dimensions: 180X121.4
  • 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
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: 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: Brown Middle
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • Security Features:Smoke Detector(s): Yes
  • Levels:One: Yes
  • Laundry Features Laundry Room: Yes
  • General Property Information Stories2: 1
  • Architectural Style Ranch: Yes
  • Laundry Features:Main Level: Yes
  • Structure Type Multi Family: Yes
  • Parking Features Kitchen Level2: 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: 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
  • Security Features:Carbon Monoxide Detector(s): Yes
  • Structure Type Duplex: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Vented Exhaust Fan, Refrigerator, Free-Standing Range, Electric Water Heater, Dishwasher
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Tub/shower Combo
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Appliances:Free-Standing Range: Yes

Exterior Features

  • Lot Features: Back Yard, Front Yard
  • View: No
  • Waterfront: No
  • Construction Type: Brick
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Kitchen Level, Off Street
  • Parking Features:Driveway: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Harrison Elementary
  • High School: Central High School
  • Middle Or Junior School: Brown Middle

Lot Info

  • Lot Size Sq Ft: 21852.0
  • Additional Parcels: No
  • Parcel #: 120o H 015

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 2164.0

Tax Info

  • Tax Annual Amount: 2423.14

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 $1,208 $54,000 $0 $0
2023 $1,208 $54,000 $0 $0
2022 $1,208 $54,000 $0 $0
2021 $1,208 $54,000 $0 $0
2020 $909 $32,880 $0 $0
2019 $909 $32,880 $0 $0
2018 $875 $32,880 $0 $0
2017 $909 $32,880 $0 $0
2016 $909 $0 $0 $0
2015 $1,784 $32,880 $0 $0
2014 $1,784 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $275,000 -- $164 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First Title
Warranty Deed $93,000 First Title
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1523982

Greater Chattanooga REALTORS®

APN: 120O-H-015

Tennessee Hamilton County Chattanooga 37416 Murray Hills

4053 Teakwood Dr, Chattanooga, TN

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Emily Berryman
Listing Agent
Emily Berryman
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Zach Taylor - Chattanooga
(423) 640-8604