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Very attractive Quadplex on Brainerd side of Missionary Ridge with gorgeous views and Ideal location to attract Downtown workers and UTC students. 2 bedroom/1.5 bath townhomes above with two 1 bedroom units below Owner has invested significant resources to make long term ownership profitable for new owner including; New HVAC in both townhome units, New architectural roof, New insulated windows and renovated two units in 2023. Electrical was updated about 10 years ago. left side is vacant and is ready for new tenant. Right side has long-term tenants who pay $950, one bedrooms pay $675 and $650. The savvy investor or property manager will know market rates in this location will be $1250-$1300 for the two bedroom townhome units for a potential Gross rent of $3850-$3950. please do not disturb tenants. Buyers should verify any information deemed important. sale will be a 1031 exchange. owner/Agent
Property Type(s):
Multi Family
Last Updated | 10/5/2025 | Tract | None |
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Year Built | 1976 | Community | Chattanooga |
County | Hamilton |
SCHOOLS
Elementary School | East Ridge Elementary |
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Jr. High School | Dalewood Middle |
High School | Brainerd High |
Additional Details
AIR | Central Air, Electric, Varies by Unit, Wall Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Refrigerator, Range Hood, Refrigerator |
AREA | Chattanooga |
CONSTRUCTION | Brick Veneer |
EXTERIOR | Balcony, Rain Gutters |
HEAT | Baseboard, Central, Electric, Separate Meters |
INTERIOR | Laminate Counters |
LOT | 6970 sq ft |
LOT DESCRIPTION | City Lot, Gentle Sloping, Rectangular Lot, Sloped Down, Views |
LOT DIMENSIONS | 50X135 |
PARKING | Concrete, Driveway, Off Street, On Street |
SEWER | Public Sewer |
STORIES | 3+ |
STYLE | Other |
SUBDIVISION | None |
TAXES | 2261.6 |
UTILITIES | Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Mountain(s) |
WATER | Public |
Location
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