Estimated payment $2,495/month
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.
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
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: Greater Chattanooga REALTORS®
MLS Number: 1537097
APN: 126L-G-011
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Ask me questions while you tour the home.