40534055 Teakwood Dr Chattanooga, TN 37416
Murray Hills NeighborhoodEstimated payment $1,651/month
Highlights
- No HOA
- Central Heating and Cooling System
- Property has 3 Levels
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,423
Year Built
- Built in 1971
Parking
- Driveway
Home Design
- Duplex
- Brick Exterior Construction
Interior Spaces
- 1,680 Sq Ft Home
- Property has 3 Levels
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Harrison Elementary School
- Brown Middle School
- Central High School
Additional Features
- Lot Dimensions are 180x121.4
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 120O H 015
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 |
|---|---|---|---|---|
| 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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $275,000 | -- | $164 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First Title | |
| Warranty Deed | $93,000 | First Title |
Source: Realtracs
MLS Number: 3045737
APN: 120O-H-015
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