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Residential Income

Chattanooga, TN 37405
Mark as Favorite
Bed 3

Bed

Bath 2

Bath

SqFt1,320

Sqft

Acres0.30

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $395,000

AD Id : 85488753

MLS Id : 1537097

Beds : 3

Lot Size : 0.30 Acre

Living Area Size : 1,320

Year Built : 1930

County : Hamilton

Subdivision: North Chatt Map No 1

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes
  • Flooring Information

    Hardwood, Tile
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Laundry Features: In Basement, In Unit, Lower Level
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1930 Building Area Total: 1320 Patio And Porch Features: Awning(s), Deck, Front Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 80X164.6 Main Square Feet: 0.3 Acres Lot Size Acres: 0.3 Lot Size Square Feet: 13068 Lot Description: City Lot, Level, Sloped Down

    Property Information

    Subdivision: North Chatt Map No 1 Source Property Type: Residential Income Property SubType: Duplex Property Age: 96

  • Listing Price Information

    Listing Price: $395000 Cash, Conventional

  • Tax Information

    Annual Tax: $3175.56 Tax Legal Desc: LOT 11 BLK 38 MAP NO 1 NORTH CHATT PB3 PG31

  • Parking Information

    Off Street, Paved

  • School Information

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

    Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: From North Shore north on North Market then turns into Dallas Rd. house on right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
409 Colville Street, Chattanooga, TN, 37405 $550,000 4 3 2,083 2,083 SqFt
716 Forest Avenue, Chattanooga, TN, 37405 $975,000 4 5 3,360 3,360 SqFt
407 Colville Street, Chattanooga, TN, 37405 $574,000 5 3 2,218 2,218 SqFt
15 Sawyer Street, Chattanooga, TN, 37405 $600,000 4 5 2,520 2,520 SqFt
715 Ladd Avenue, Chattanooga, TN, 37405 $649,000 6 6 2,824 2,824 SqFt

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 06/19/2026 @ 05:15

MLS: 1537097 LISTED BY: Natalie Henson, Keller Williams Realty 423-664-1900 SOURCE: Greater Chattanooga REALTORS

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