Chattanooga, TN 37405 (MLS # 1537097)

Price $395,000
Status Active
Beds 3
Baths 2 Baths
Home size 1,320 sqft
Lot Size 13,068 sqft
Days on Market 6

Turnkey investment opportunity in a highly desirable North Chattanooga location. This well-maintained duplex at 1322 Dallas Road is fully leased with both units occupied, offering immediate income and long-term investment potential.
The property has seen numerous updates, including a new metal roof and fresh exterior paint in 2026. Both apartments feature renovated kitchens with updated cabinetry, appliances, and generous storage. Unit A offers granite countertops, while Unit B features butcher block countertops and a fully remodeled bathroom completed in 2024 with custom tile surround and updated fixtures. The bathroom in Unit A has also been renovated in recent years.
Each unit enjoys its own private deck, dedicated laundry room, separate HVAC system, keypad entry, and abundant natural light. Hardwood flooring runs throughout the living areas and bedrooms, while double-pane windows and substantial insulation contribute to energy efficiency, reduced street noise, and minimal sound transfer between units. A storage shed serves Unit B and features a roof replacement completed around 2020.
Situated on a mature lot with established landscaping, including Japanese maples, this property combines thoughtful updates, strong tenant appeal, and reliable income production in one of Chattanooga’s most sought-after areas. Whether expanding an existing portfolio or acquiring a first investment property, this duplex presents a rare opportunity for immediate cash flow with significant capital improvements already completed.

Property Type(s):
Multi Family
Last Updated 6/18/2026 Tract North Chatt Map No 1
Year Built 1930 Community Chattanooga
County Hamilton

SCHOOLS

Elementary School Rivermont Elementary
Jr. High School Red Bank Middle
High School Red Bank High School

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
AREA Chattanooga
BASEMENT Yes
HEAT Central, Electric
LOT 0.3 acre(s)
LOT DESCRIPTION City Lot, Level, Sloped Down
LOT DIMENSIONS 80X164.6
PARKING Off Street, Paved
SEWER Public Sewer
STYLE Duplex
SUBDIVISION North Chatt Map No 1
TAXES 3175.56
UTILITIES Electricity Connected, Sewer Connected, Water Connected
WATER Public

 

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This site was last updated on 6/23/26 11:48 PM PDT

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