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123 Yother Lane

Chattanooga, TN 37415
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Bed 24

Bed

Bath 16

Bath

SqFt3,576

Sqft

Acres2.02

Acres(Lot)

Investment opportunity in Red Bank featuring five well-maintained duplexes with 10 fully occupied units, plus two adjacent vacant lots offering future development potential. Listed under 123 Yother Lane, the portfolio includes multiple properties and addresses being offered together. Nine of the 10 units are currently month-to-month, giving a new owner flexibility to gradually increase rents and make updates as units turn over. Utilities are separately metered and paid by tenants, and the properties have been well maintained, with many featuring brick construction. The two vacant lots are located alongside the existing duplexes and are currently zoned RN-2, offering potential for additional residential development subject to buyer verification. Conveniently located near Downtown Chat tanooga, Hixson shopping and dining, and major roadways, this portfolio combines immediate income with opportunities for rental growth and future expansion. Seller prefers to sell the five duplexes together but may consider selling the vacant lots separately. Unit 113/115- Roof 2023 Unit 115 - new dishwasher & fridge 2025 Unit 119 - remodel 2/26 Unit 121 - HVAC 10/25, Dishwasher 12/24, stove and microwave vent hood 1/23 Unit 123 - Stove and dishwasher 10/22 Unit 130 - Garage Door 2/26, Roof 2023 for whole building, new appliances 1/23 Unit 132 - Garage door 2/26

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,870,000

AD Id : 91399292

MLS Id : 1543177

Beds : 24

Lot Size : 2.02 Acres

Living Area Size : 3,576 Sq. Ft

Tax Amount : $3,175.56

Year Built : 1988

County : Hamilton

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Feature Features

  • Bedroom Information

    Total beds: 24

    Bathroom Information

    Total Baths: 16 Full Baths: 14 Half Baths: 2
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Laundry Features: In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1988 Building Area Total: 3576 Construction Materials: Brick, Other Patio And Porch Features: Deck Private Pool: No
  • Exterior Features

    Exterior Features: Rain Gutters

  • Lot Information

    Lot Dimensions: 66.55X149.99 Main Square Feet: 2.02 Acres Lot Size Acres: 2.02 Lot Size Square Feet: 87991.2 Lot Description: Gentle Sloping, Level

    Property Information

    Subdivision: Yother Estates Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Duplex Levels: Two Property Age: 38

  • Listing Price Information

    Listing Price: $1870000 Cash

  • Tax Information

    Parcel Number: 099c C 035.01 Annual Tax: $3175.56 Tax Legal Desc: LOT 5 YOTHER ESTATES 40-133 OUT OF 99C-C-35 FOR 1987

  • Parking Information

    Concrete, Driveway, Garage

    Garage Information

    Has Garage: Yes

  • School Information

    Elementary School: Hixson Elementary
    Junior High School: Red Bank Middle
    Senior High School: Red Bank High School
  • Utility Information

    Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available, Underground Utilities
  • Location Information

    Direction: From downtown Chattanooga, take US-27 North; take the Dayton Blvd exit; continue on Dayton Blvd, then turn right onto Yother Lane; the lots and duplexes will be on the left and straight ahead at the end of the cul-de-sac. WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
713 Lupton Drive, Chattanooga, TN, 37415 $364,900 6 3 2,064 0.37 Acre
214 Cliftview Drive, Chattanooga, TN, 37415 $675,000 6 4 3,212 0.76 Acre
1703 White Oak Road, Chattanooga, TN, 37415 $499,900 8 4 3,120 0.36 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 09/22/2026 @ 09:28

MLS: 1543177 LISTED BY: Sarah Brogdon, Real Estate Partners Chattanooga LLC 423-265-0088 SOURCE: Greater Chattanooga REALTORS

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