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Multigenerational living, investment opportunity, or live in one side and rent the other. After successfully renting this property for decades, the seller decided to complete several upgrades and a ''freshening'' of the interior and is now ready to pass on to a new owner. New exterior paint, roof under 5 years old, and a newer HVAC unit make this a quick money making opportunity. Rentals in that area are currently renting between $1500-$1800/mo for each side. Just off of Hwy 153 ensures an easy commute into Hixson, Chattanooga, Soddy, Red Bank or Sale Creek. Lake Forest boasts duplexes as well as single family homes in a well established neighborhood only minutes from shopping and restaurants galore! Rentals in this area go for $1500-$1800 per unit in this size range giving you instant passive income. This is the opportunity you have been looking for to take your portfolio to the next level. Come view this property today!
Property Type(s):
Multi Family
| Last Updated | 5/21/2026 | Tract | Lake Forest |
|---|---|---|---|
| Year Built | 1970 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Hixson Elementary |
|---|---|
| Jr. High School | Hixson Middle |
| High School | Hixson High |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Electric Water Heater, Free-Standing Range, Free-Standing Refrigerator, Water Heater |
| AREA | Chattanooga |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Rain Gutters |
| HEAT | Central |
| LOT | 0.29 acre(s) |
| LOT DESCRIPTION | City Lot |
| LOT DIMENSIONS | 94.6X128.8 |
| PARKING | Concrete, Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Contemporary |
| SUBDIVISION | Lake Forest |
| TAXES | 3175.56 |
| UTILITIES | Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listing Courtesy of The Source Real Estate Group
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This site was last updated on 5/25/26 4:27 PM PDT
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