$395,000

Estimated payment $2,394/month

Total Views 207
3 Beds
2 Baths
1,320 Sq Ft
$299 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Front Porch
  • Wood Flooring
  • Formal Dining Room
  • Living Room

About This Home

Turnkey investment opportunity in a highly desirable North Chattanooga location. This well-maintained duplex at 1322 Dallas Road is fully leased with both units occupied, offering immediate income and long-term investment potential.
The property has seen numerous updates, including a new metal roof and fresh exterior paint in 2026. Both apartments feature renovated kitchens with updated cabinetry, appliances, and generous storage. Unit A offers granite countertops, while Unit B features butcher block countertops and a fully remodeled bathroom completed in 2024 with custom tile surround and updated fixtures. The bathroom in Unit A has also been renovated in recent years.
Each unit enjoys its own private deck, dedicated laundry room, separate HVAC system, keypad entry, and abundant natural light. Hardwood flooring runs throughout the living areas and bedrooms, while double-pane windows and substantial insulation contribute to energy efficiency, reduced street noise, and minimal sound transfer between units. A storage shed serves Unit B and features a roof replacement completed around 2020.
Situated on a mature lot with established landscaping, including Japanese maples, this property combines thoughtful updates, strong tenant appeal, and reliable income production in one of Chattanooga's most sought-after areas. Whether expanding an existing portfolio or acquiring a first investment property, this duplex presents a rare opportunity for immediate cash flow with significant capital improvements already completed.

Listing Agent

Natalie Henson

Keller Williams Realty License #329006 Listed on: 06/18/2026

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1930

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 80x164.6
  • Level Lot

Home Design

  • Duplex
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Basement
  • Laundry in Basement
  • Washer and Dryer Hookup

Kitchen

  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Shed
  • Front Porch
  • Awning

Schools

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

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • North Chatt Map No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 126l G 011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,176

Year Built

Built in 1930

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 80X164.6
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: North Chatt Map No 1
  • Directions: From North Shore north on North Market then turns into Dallas Rd. house on right.
  • Living Area: 1320.0
  • New Construction: No
  • Structure Type: Duplex
  • Year Built: 1930
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 126l G 011
  • Location Tax and Legal Elementary School: Rivermont Elementary
  • Location Tax and Legal High School: Red Bank High School
  • Location Tax and Legal:Tax Annual Amount: 3175.56
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information Lot Size Dimensions: 80X164.6
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Turnkey investment opportunity in a highly desirable North Chattanooga location. This well-maintained duplex at 1322 Dallas Road is fully leased with both units occupied, offering immediate income and long-term investment potential. The property has seen numerous updates, including a new metal roof and fresh exterior paint in 2026. Both apartments feature renovated kitchens with updated cabinetry, appliances, and generous storage. Unit A offers granite countertops, while Unit B features butcher block countertops and a fully remodeled bathroom completed in 2024 with custom tile surround and updated fixtures. The bathroom in Unit A has also been renovated in recent years. Each unit enjoys its own private deck, dedicated laundry room, separate HVAC system, keypad entry, and abundant natural light. Hardwood flooring runs throughout the living areas and bedrooms, while double-pane windows and substantial insulation contribute to energy efficiency, reduced street noise, and minimal sound transfer between units. A storage shed serves Unit B and features a roof replacement completed around 2020. Situated on a mature lot with established landscaping, including Japanese maples, this property combines thoughtful updates, strong tenant appeal, and reliable income production in one of Chattanooga's most sought-after areas. Whether expanding an existing portfolio or acquiring a first investment property, this duplex presents a rare opportunity for immediate cash flow with significant capital improvements already completed.
  • Other Structures:Storage3: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Location Tax and Legal Middle or Junior School: Red Bank Middle
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Other Structures:Shed(s): Yes
  • Laundry Features In Basement: Yes
  • Laundry Features:Lower Level: 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: Yes
  • 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: Yes
  • Unit 2 Microwave7: Yes
  • Structure Type Duplex: Yes
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Tile
  • Laundry Features:In Unit: Yes

Exterior Features

  • Lot Features: City Lot, Level, Sloped Down
  • View: No
  • Waterfront: No
  • Other Structures: Shed(s), Storage
  • Patio And Porch Features: Awning(s), Deck, Front Porch
  • Roof: Metal
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes
  • Lot Features:Sloped Down: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:City Lot: Yes
  • Patio And Porch Features:Awning(s)2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Paved
  • Parking Features:Off Street: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Laundry Features: In Basement, In Unit, Lower Level
  • 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: Rivermont Elementary
  • High School: Red Bank High School
  • Middle Or Junior School: Red Bank Middle

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 126l G 011

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2
  • Total Actual Rent: 2575.0

Tax Info

  • Tax Annual Amount: 3175.56
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,397 $92,160 $0 $0
2024 $1,772 $79,200 $0 $0
2023 $1,772 $79,200 $0 $0
2022 $1,772 $79,200 $0 $0
2021 $1,772 $79,200 $0 $0
2020 $1,443 $52,200 $0 $0
2019 $1,443 $52,200 $0 $0
2018 $1,315 $52,200 $0 $0
2017 $1,443 $52,200 $0 $0
2016 $686 $0 $0 $0
2015 $1,374 $24,800 $0 $0
2014 $1,374 $0 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2026 06/18/26 For Sale $395,000 +86.3% $299 / Sq Ft
12/13/2017 12/13/17 Sold $212,000 -3.6% $161 / Sq Ft View Prior Sale
11/06/2017 11/06/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $219,900 -- $167 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Title Guaranty & Trust Co
Legal Action Court Order $212,000 None Available
Interfamily Deed Transfer -- Elite Title Co Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $431,907 Future Advance Clause Open End Mortgage
Closed $159,000 New Conventional
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1537097

Greater Chattanooga REALTORS®

APN: 126L-G-011

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