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4061 Teakwood Drive, Chattanooga, TN 37416

Local realty services provided by:CENTURY 21 BELLORA
4061 Teakwood Drive,Chattanooga, TN 37416
$322,000
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  • - Beds
  • - Baths
  • 1,920 sq. ft.
  • Multi-family
  • Pending
Listed by: drew carey, shayla hood
Office: exp realty, llc.
MLS#:1525188
Source:TN_CAR

Price summary

  • Price:$322,000
  • Price per sq. ft.:$167.71

About this home

PRICE DROP - MOTIVATED SELLER - STRONG RENT UPSIDE Fantastic opportunity to acquire a solid all-brick, one-level duplex now offered at a recently reduced price. The seller is highly motivated, making this an excellent time to secure a property with immediate income and room to increase returns. Each unit features 2 bedrooms and 1 bathroom. One side is currently occupied by long-term tenants on a month-to-month lease, providing instant cash flow, while the other unit is vacant and ready to rent or occupy. Current rents are below market, offering clear potential for higher rental income with minimal effort—ideal for investors looking to maximize returns or owner-occupants planning to live in one unit while renting the other at market rates. The occupied unit has already been updated, adding value and reducing near-term capital expenses. Outside, enjoy a large, flat, and private backyard, offering flexibility for tenant enjoyment or future improvements. Located in an area

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Home facts

  • Year built:1969
  • Listing ID #:1525188
  • Added:56 day(s) ago
  • Updated:February 10, 2026 at 08:36 AM

Rooms and interior

  • Living area:1,920 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric, Forced Air, Heating

Structure and exterior

  • Year built:1969
  • Building area:1,920 sq. ft.
  • Lot area:0.25 Acres

Utilities

  • Water:Public, Water Available, Water Connected
  • Sewer:Public Sewer, Sewer Available, Sewer Connected

Finances and disclosures

  • Price:$322,000
  • Price per sq. ft.:$167.71
  • Tax amount:$2,423

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