Description
FOR SALE AS IS- VALUE-ADD INVESTMENT OPPORTUNITY: Rare opportunity to acquire a value-add investment property with built-in income potential. This 4-bedroom, 3 bath home with approximately 2259 sq ft is already seperately metered for two units andoffers the potential to be reconfigured into a 5-bedroom residence OR a 3-unit rental, making it an ideal project for investors seeking strong returns. The main level features 2 bedrooms, 2 baths, 2 separate living areas, a formal dining room and a den, allowing flexible reconfiguration and additional bedroom or unit potential. The attached upper-level suite includes two bedrooms, one bathroom, a living room and laundry hookups, making it well suited for a long-term rental, short-term rental or a mother in law suite. Additional highlights include a crawl space foundation, onsite covered parking and a charming covered front porch with stone accents-adding curb appeal that enhances resale or rental value. While the property requires renovation, it represents a true value-add opportunity with multiple exit strategies; renovate and resell, hold as a multi-unit rental, or convert into a 3-unit income producing asset. Buyer to verify all information.
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4BEDS
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0.25ACRES
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3BATHS
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01/2 BATHS
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2,256SQFT
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$88$/SQFT
School Information
Description
FOR SALE AS IS- VALUE-ADD INVESTMENT OPPORTUNITY: Rare opportunity to acquire a value-add investment property with built-in income potential. This 4-bedroom, 3 bath home with approximately 2259 sq ft is already seperately metered for two units andoffers the potential to be reconfigured into a 5-bedroom residence OR a 3-unit rental, making it an ideal project for investors seeking strong returns. The main level features 2 bedrooms, 2 baths, 2 separate living areas, a formal dining room and a den, allowing flexible reconfiguration and additional bedroom or unit potential. The attached upper-level suite includes two bedrooms, one bathroom, a living room and laundry hookups, making it well suited for a long-term rental, short-term rental or a mother in law suite. Additional highlights include a crawl space foundation, onsite covered parking and a charming covered front porch with stone accents-adding curb appeal that enhances resale or rental value. While the property requires renovation, it represents a true value-add opportunity with multiple exit strategies; renovate and resell, hold as a multi-unit rental, or convert into a 3-unit income producing asset. Buyer to verify all information.
1400 Dodson Avenue Chattanooga, TN 37404
Property Description
Architectural Style A-Frame Attached Garage YN No Carport Spaces 1 Carport YN Yes Construction Materials StoneWood Siding Exterior Features Private YardRain Gutters Fencing [] Foundation Details Block Garage YN No Lot Features [] Other Structures [] Parking Features Driveway Patio And Porch Features Porch - Covered Pool Features None Pool Features None Yes Roof Shingle Roof Shingle Yes Structure Type [] View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Water HeaterRefrigeratorOvenElectric Range Basement [] Basement YN No Building Area Total 2256 Cooling Window Unit(s) Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating Wall Furnace Heating YN Yes Interior Features BookcasesIn-Law Floorplan Laundry Features Inside Levels [] Window Features []
Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Grazing Permits BLMYN No Grazing Permits Private YN No Green Energy Efficient [] Green Energy Generation [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventional New Construction YN No Other Equipment [] Property Sub Type Single Family Residence Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 763.96 Utilities Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: 423-664-1600.
