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4061 Teakwood Drive

Chattanooga, TN 37416
  • $322,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 1525188
Price Reduced
UPDATED: 13 min ago
$322,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,920
    SQFT
  • $168
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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 with strong rental demand, this duplex checks all the boxes for a smart investment: brick construction, single-level layout, flexible leasing options, and income growth potential. Seller is ready to make a deal—don't miss this opportunity to add a high-upside property to your portfolio.

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www.robinsonteam.com/homes/171317636
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4061 Teakwood Drive Chattanooga, TN 37416

  • Price: $322,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 13 min ago
  • MLS #: 1525188
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1,920
SQFT
$168
$/SQFT
1969
Built
Neighborhood:
Harbor Place
County:
Hamilton
Area:
Chattanooga
Elementary School:
Harrison Elementary
Middle School:
Brown Middle
High School:
Central High School
Property Description
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 with strong rental demand, this duplex checks all the boxes for a smart investment: brick construction, single-level layout, flexible leasing options, and income growth potential. Seller is ready to make a deal—don't miss this opportunity to add a high-upside property to your portfolio.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials BrickNone Exterior Features Private YardRain Gutters Fencing [] Foundation Details Slab Garage YN No Lot Features Back YardLevelPrivateRectangular Lot Other Structures [] Parking Features DrivewayOff Street Patio And Porch Features Patio Pool Features [] Roof [] Spa YN Yes Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No

Interior Features

Accessibility Features [] Appliances Washer/DryerRefrigeratorOvenMicrowaveFree-Standing RangeFree-Standing Electric RangeElectric OvenDishwasher Basement [] Basement YN No Building Area Total 1920 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetLuxury Vinyl Heating CentralElectricForced Air Heating YN Yes Interior Features Laminate CountersOpen FloorplanPrimary DownstairsTub/shower Combo Laundry Features In UnitMain Level Levels One Window Features Vinyl Frames

Property Features

Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 2423.14 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Utilities Sewer Available Yes Utilities Sewer Connected Yes Water Source Public

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Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of EXP Realty, LLC: 888-519-5113.



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1830 Washington St.
Chattanooga TN, 37408