$1,250,000

911 Lullwater Rd Chattanooga, TN 37405

Estimated payment $6,733/month

Total Views 3,256
-- Bed
-- Bath
1,248 Sq Ft
$1,002 Price per Sq Ft

Highlights

  • 3.35 Acre Lot
  • Covered Patio or Porch
  • Bathtub with Shower
  • No HOA
  • Cooling Available
  • Living Room

About This Home

Prime Investment & Development Opportunity! 911-923 Lullwater Road is a rare 5 duplex package in a prime Chattanooga location, offering 10 total units across over 3 acres. Each 1 bedroom/1 bathroom unit is currently leased and well-maintained, with updates throughout & available upon request. Located mere minutes from downtown Chattanooga, the riverfront and major employers, this 3 acre site combines convenience, growth and opportunity. This package is ideal for buy-and-hold investors, value-add strategists or developers. (Buyer to verify zoning and use.) 911-923 Lullwater Rd is the best of both worlds- steady returns today and a blank canvas for tomorrow.

Listing Agent

Ashlee Lawrence

REAL Broker License #349617 Listed on: 10/31/2025

REAL Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1981

Lot Details

  • 3.35 Acre Lot
  • Private Entrance
  • Additional Parcels

Parking

  • Driveway

Home Design

  • Duplex
  • Block Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Bathtub with Shower
  • 1,248 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Stove
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Red Bank Elementary School
  • Red Bank Middle School
  • Red Bank High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 117k B 011.01

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Glasscock Subdivision

Building Details

  • Gross Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 3.35
  • Lot Size: Approx 352x414
  • Road Frontage Type: City Street
  • Subdivision Name: Glasscock
  • Directions: From north on Dayton Blvd, turn Left onto Hedgewood Dr. Slight Right onto Lullwater Rd. Duplexes on Left.
  • Unit Levels: Two
  • Living Area: 1248.0
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1981
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 117k B 011.01
  • Location Tax and Legal Elementary School: Red Bank Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 1968.14
  • Location Tax and Legal Additional Parcels YN: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 3.35
  • General Property Information Lot Size Square Feet2: 145926.0
  • General Property Information Lot Size Dimensions: Approx 352x414
  • 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
  • Remarks and Miscellaneous Public Remarks2: Prime Investment & Development Opportunity! 911-923 Lullwater Road is a rare 5 duplex package in a prime Chattanooga location, offering 10 total units across over 3 acres. Each 1 bedroom/1 bathroom unit is currently leased and well-maintained, with updates throughout & available upon request. Located mere minutes from downtown Chattanooga, the riverfront and major employers, this 3 acre site combines convenience, growth and opportunity. This package is ideal for buy-and-hold investors, value-add strategists or developers. (Buyer to verify zoning and use.) 911-923 Lullwater Rd is the best of both worlds- steady returns today and a blank canvas for tomorrow.
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Interior Features Tub Shower Combo: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Foundation Details Block2: Yes
  • Utilities:Water Available: Yes
  • General Property Information Stories2: 2
  • Patio And Porch Features Porch - Covered: Yes
  • General Property Information Number Of Units Total2: 10.0
  • 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: Yes
  • Unit 3 Efficiency3: No
  • Unit 3 Furnished5: Unfurnished
  • Unit 3 Den5: No
  • Unit 3 Living Room5: Yes
  • Unit 3 Separate Dining3: No
  • Unit 3 Microwave8: No
  • Unit 3 Washer Dryer Hookups3: Yes
  • Owner Pays:Water3: Yes
  • Unit 4 Washer Dryer Hookups4: Yes
  • Unit 4 Microwave9: No
  • Unit 4 Efficiency4: No
  • Unit 4 Furnished6: Unfurnished
  • Unit 4 Den6: No
  • Unit 4 Living Room6: Yes
  • Unit 4 Separate Dining4: No
  • Structure Type Duplex: Yes
  • Unit 5 Efficiency5: No
  • Unit 5 Furnished7: Unfurnished
  • Unit 5 Den7: No
  • Unit 5 Living Room7: Yes
  • Unit 5 Separate Dining5: No
  • Unit 5 Microwave10: No
  • Unit 5 Washer Dryer Hookups5: Yes
  • Unit 6 Efficiency6: No
  • Unit 6 Furnished8: Unfurnished
  • Unit 6 Den8: No
  • Unit 6 Living Room8: Yes
  • Unit 6 Separate Dining6: No
  • Unit 6 Microwave11: No
  • Unit 6 Stove6: Yes
  • Unit 6 Washer Dryer Hookups6: Yes
  • Unit 7 Efficiency7: No
  • Unit 7 Furnished9: Unfurnished
  • Unit 7 Den9: No
  • Unit 7 Living Room9: Yes
  • Unit 7 Separate Dining7: No
  • Unit 7 Microwave12: No
  • Unit 7 Stove7: Yes
  • Unit 7 Washer Dryer Hookups7: Yes
  • Unit 8 Efficiency8: No
  • Unit 8 Furnished10: Unfurnished
  • Unit 8 Den10: No
  • Unit 8 Living Room10: Yes
  • Unit 8 Separate Dining8: No
  • Unit 8 Microwave13: No
  • Unit 8 Stove8: Yes
  • Unit 8 Washer Dryer Hookups8: Yes
  • Unit 9 Efficiency9: No
  • Unit 9 Furnished11: Unfurnished
  • Unit 9 Den11: No
  • Unit 9 Living Room11: Yes
  • Unit 9 Separate Dining9: No
  • Unit 9 Microwave14: No
  • Unit 9 Stove9: Yes
  • Unit 9 Washer Dryer Hookups9: Yes
  • Unit 10 Efficiency10: No
  • Unit 10 Furnished12: Unfurnished
  • Unit 10 Den12: No
  • Unit 10 Living Room12: Yes
  • Unit 10 Separate Dining10: No
  • Unit 10 Microwave15: No
  • Unit 10 Stove10: Yes
  • Unit 10 Washer Dryer Hookups10: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Refrigerator, Free-Standing Electric Range, Dishwasher
  • Owner Pays: Water
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Tub/shower Combo
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • View: No
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Block
  • Patio And Porch Features: Porch - Covered
  • Roof: Shingle
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Laundry Features: In Unit
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Red Bank Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Lot Size Sq Ft: 145926.0
  • Additional Parcels Description: Property sold as package of 5 duplexes. Owner will not divide.
  • Additional Parcels: Yes
  • Parcel #: 117k B 011.01

Rental Info

  • Tenant Pays: Electricity, Insurance

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 96000.0

Tax Info

  • Tax Annual Amount: 1968.14

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $827 $36,960 $0 $0
2023 $1,584 $36,960 $0 $0
2022 $1,282 $36,960 $0 $0
2021 $1,666 $36,960 $0 $0
2020 $1,589 $27,920 $0 $0
2019 $1,589 $27,920 $0 $0
2018 $1,589 $27,920 $0 $0
2017 $1,531 $27,920 $0 $0
2016 $1,463 $0 $0 $0
2015 $1,454 $25,120 $0 $0
2014 $1,454 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 For Sale $1,250,000 0.0% $1,002 / Sq Ft
10/10/2025 10/10/25 Pending -- -- --
10/07/2025 10/07/25 For Sale $1,250,000 -- $1,002 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,202,500 --
Warranty Deed $1,202,500 None Listed On Document
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1521818

Greater Chattanooga REALTORS®

APN: 117K-B-011.01

Tennessee Hamilton County Chattanooga 37405

911 Lullwater Rd, Chattanooga, TN

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Chattanooga REALTORS® IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.

Ten-X does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Some or all of the listings displayed may not belong to the firm whose website is being visited

Copyright© 2025 by Chattanooga Association of REALTORS®

Nearby Homes
Listing Agent
Ashlee Lawrence
Section Image
REAL Broker
(844) 591-7325