7822 Basswood Drive
Chattanooga, TN 37416
4
Bed
2
Bath
1,868Sqft
0.31Acre(Lot)
This duplex offers a solid opportunity for an investor looking for immediate rental income with additional upside over time. Each unit features 2 bedrooms and 1 bathroom, and both units are currently occupied with leases in place. One unit is leased on a 6-month term at $1,150/month and features recently updated flooring throughout, a new bathroom vanity, a refrigerator, and washer/dryer hookups. The second unit is currently leased month-to-month at $1,000/month and also includes a refrigerator and washer/dryer hookups. Tenants pay all utilities, and each unit is individually metered. Current gross monthly rent is $2,150, producing $25,800 in gross annual rental income. With two separately metered 2BR/1BA units, established tenants, and tenant-paid utilities, the property provides in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Basement: None -
Flooring Information
Vinyl -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Appliances: Refrigerator, Range Hood, Oven, Gas Water Heater, Free-Standing Refrigerator, Dishwasher Laundry Features: Electric Dryer Hookup, In Hall, Inside, Laundry Room, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Electric, Hot Water Has Cooling: Yes Cooling: Varies by Unit
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Building Information
Year Built: 1969 Building Area Total: 1868 Construction Materials: Brick, Concrete, Vinyl Siding Stories: 1 Patio And Porch Features: Covered, Porch Pool Features: None Private Pool: No -
Exterior Features
Exterior Features: None
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Lot Information
Lot Dimensions: 75X191.7 Main Square Feet: 0.31 Acres Lot Size Acres: 0.31 Lot Size Square Feet: 13503.6 Lot Description: City Lot, Front Yard, Many Trees, SlopedProperty Information
Subdivision: None Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Duplex Levels: One Property Age: 57
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Listing Price Information
Listing Price: $249900 Cash, Conventional, VA Loan
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Tax Information
Parcel Number: 129e D 009 Annual Tax: $2315.51 Tax Legal Desc: LOT 14 CAPITAL HGTS PB 27 PG 43
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Parking Information
Concrete, DrivewayGarage Information
Pets Allowed: Yes, Cats OK, Dogs OK
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School Information
Elementary School: Harrison ElementaryJunior High School: Brown MiddleSenior High School: Central High School -
Utility Information
Cable Available, Electricity Available, Sewer Connected, Water Available -
Location Information
WaterSource: Public Security Features: Fire Alarm, Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5024 Brogden Trail, Chattanooga, TN, 37416 | $295,000 | 4 | 4 | 1,435 | 0.26 Acre |
| 4072 Arbor Place Lane, Chattanooga, TN, 37416 | $275,000 | 4 | 2 | 1,920 | 0.25 Acre |
| 3975 Arbor Place Lane, Chattanooga, TN, 37416 | $270,000 | 4 | 2 | 1,920 | -- |
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Nearby For Sale
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ByOwner last updated this listing 09/28/2026 @ 04:04
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