Perfect for Investors Updated Duplex Property in Chattanooga

Asking $ 280,000
  • Centrally located and turnkey, this duplex off South Terrace Rd. offers a solid, hassle-free investment in the heart of Chattanooga, providing an ideal combination of location and income potential. 
  • Perfect for investors or owner-occupants looking to offset monthly payments, this recently updated and very well-maintained property sits on a convenient corner lot with quick access to I-24.
  • With ample dining, entertainment, and business opportunities nearby, while still maintaining privacy and a welcoming neighborhood feel.
  •  It features 2,048 total square feet with mirrored floor plans for each respective unit. 
  • Upon entry, each unit welcomes you into a foyer with a staircase to the side, then down a short hall where you will find storage closets and a convenient half bathroom before opening into a bright.
  • Inviting living and dining area adjacent to the kitchen, which features freshly painted cabinetry, charming hardware, and a window right over the sink. 
  • Upstairs, each unit includes two comfortable bedrooms with closet space, an extra closet conveniently located at the top of the stairs, and a newly remodeled shared full hall bath with a shower/tub combo. dditional updates and features throughout include fresh paint, engineered hardwood floors, in-unit washer and dryer, private back patios for outdoor enjoyment, and ample-sized parking pads on each side. 
  • The combination of stylish, well-maintained interiors, functional layouts, and a prime, accessible location makes this duplex an exceptional investment property that blends comfort, modern finishes, and strong income potential.

    • Updated On:
    • January 14, 2026
    • 4 Bedrooms
    • 3 Bathrooms
    • 2,048.00 ft2
    • Year Built:1970
    Property Id: 72480
    Price: Asking $ 280,000
    Property Size: 2,048.00 ft2
    Property Lot Size: 6,996.00 ft2
    Rooms: 9
    Bedrooms: 4
    Bathrooms: 3
    Year Built: 1970
    Roofing: Asphalt Shingle
    Rent (mo): 2600
    ROI (ann): 28.6%
    Cashflow (mo): 697
    Property Taxes (mo): 164
    Insurance (mo): 130
    Repairs (mo): 150
    Management Fee (mo): 200
    Leasing Fee (ann): 625
    Vacancy Rate (ann): 48
    Other Features
    back yard
    fenced yard

    $1,677.34
    per month
    • Principal and Interest
    • Property Tax
    • HOA fee
    • Private Mortgage Insurance
    $ 1,327.34

    yelp logo

    Similar Listings

    5
    Look at the Cash Flow on this Deal! [Code: 223]

    Look at the Cash Flow on this Deal! [Code: 2...

    $ 289,000
    This beautifully maintained 3-bedroom, 2.5-bath home, just 15 years old, is perfect for th ...
    42.5 Attached 1,769.00 ft2
    6
    Two Solid Brick Duplexes – Prime Investment Opportunity

    Two Solid Brick Duplexes – Prime Inves...

    Asking $ 250,000
    Each unit offers 2 beds, 1.5 baths, and a full-sized kitchen.Three units were remodeled in ...
    43 2,250.00 ft2
    9
    Great Investment Opportunity 3 Townhouses One Great Price

    Great Investment Opportunity 3 Townhouses On...

    $ 630,000
    Each Townhouse features 3 Bedrooms, 2.5 baths, ceramic tile floors in kitchen and bathroom ...
    94.5 3,915.00 ft2
    5
    12-Month Builder Leaseback = Stress-Free $800/mo. Cash Flow! [Code: 4023]

    12-Month Builder Leaseback = Stress-Free $80...

    Asking $ 579,990
    Greenwood Model Home - Leaseback from Ryan Homes, one of the nation's biggest homebuilders ...
    43.5 Attached 2,860.00 ft2

    Property Reviews

    No reviews found.
    You need to login in order to post a review
    Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

    Compare Listings

    Title Price Status Type Area Purpose Bedrooms Bathrooms

    Compare Listings

    Simply Do It