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4077 Teakwood Drive

Chattanooga, TN 37416

– beds
– baths
1,920 sqft
13,341 sqft lot
$150 per sqft
1969 build
– on site

Updated Duplex on a corner lot with Immediate Cash Flow Potential! 4077/4079 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Updated in 2020, each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking, and the left unit includes an attached carport. Both units are currently rented on a month-to-month basis, generating a total rental income of about $2,100 per month (which is under fair market rents) and are currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.

Listing courtesy of CHTMLS / Zach Taylor - Chattanooga

Last checked: Checking… • Last updated Dec 14, 2024 •

MLS# 1503637 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1969
New Construction:

false
Builder Name:

None
Architectural Style:

Ranch
Structure Type:

Duplex
Construction Materials:

Brick, Vinyl Siding
Levels:

One
Stories:

1
Stories Total:

None
Roof:

Shingle
Basement:

false
Foundation Details:

Slab
Exterior Features:

Rain Gutters
Window Features:

Blinds, Vinyl Frames
Security Features:

Smoke Detector(s)
Building Area Total:

1920.0
Above Grade Finished Area:

1920.0

Interior

Interior Features:

Bar, Ceiling Fan(s)
Furnished:

None
Flooring:

Luxury Vinyl, Tile
Fireplace:

false
Laundry Features:

Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Zoning Description:

None

Room Dimensions

Living Area:

1920.0
Living Area Units:

None
Living Area Source:

Tax Records

Location

Directions:

HWY 58 N, turn left onto Webb Rd, Right onto Arbor Place Ln, Left onto Teakwood Dr
Latitude:

35.094912
Longitude:

-85.185461

The Property

Parcel Number:

120o H 012
Property Type:

Residential Income
Property Subtype:

Duplex
Property Condition:

Updated/Remodeled
Direction Faces:

None
Possible Use:

None
Lot Size Source:

None
Lot Features:

Back Yard, Corner Lot, Front Yard, Level
Lot Size Acres:

0.31
Lot Size Area:

0.31
Lot Size SqFt:

13341.86
Additional Parcels:

false
Lot Size Dimensions:

109.9X121.4
Lot Size Units:

Acres
Zoning:

None
Road Frontage Type:

City Street, Interstate Access Within 5 Miles
Road Surface Type:

Concrete
Road Responsibility:

Public Maintained Road
Topography:

None
View:

false
Pool Private:

No
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Legal Description:

LT 4 HARBOR PLACE UNIT 2 PB 25 PG 9 9 3189 02D 22
Tax Annual Amount:

3029.82

Baths

Three Quarter Baths:

None
Quarter Baths:

None
Partial Baths:

None

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Central, Electric, Multi Units
Heating:

true
Cooling:

Ceiling Fan(s), Central Air, Electric, Multi Units
Cooling:

true

Utilities

Utilities:

Cable Available, Electricity Connected, Sewer Connected, Water Connected
Water Source:

Public
Sewer:

Public Sewer
Electric:

None
Green Energy Generation:

None

Appliances

Appliances:

Refrigerator, Range Hood, Free-Standing Electric Range, Electric Water Heater, Dishwasher

Schools

Elementary School:

Harrison Elementary
Elementary School District:

None
Middle Or Junior School:

Brown Middle
Middle Or Junior School District:

None
High School:

Central High School

The Community

Subdivision Name:

Harbor Place
Association:

false
Association Fee 2:

None
Association Fee 2 Frequency:

None
Senior Community:

false
Spa:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

true
Carport Spaces:

2.0
Parking Features:

Concrete, Driveway, Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/13/24 Dec 13, 2024	Price Changed	CHTMLS	$289,000	-3.3%
11/22/24 Nov 22, 2024	Listed / Active	CHTMLS	$299,000	510.2% (68.3% / YR)
6/6/17 Jun 6, 2017		REALTRACS	$49,000

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This multifamily located in Dupont - Murray Hills, Chattanooga, TN 37416 is currently for sale for $289,000. 4077 Teakwood Drive is a 1,920 square foot multifamily with – beds and – baths that has been on Estately for 30 days. 4077 Teakwood Drive is in the Dupont - Murray Hills neighborhood of Chattanooga and has a WalkScore® of 22, making it car-dependent. This multifamily is in the attendance area of Brown Middle School, Harrison Elementary School, and Central High School.

Listing Courtesy of: CHTMLS and Zach Taylor - Chattanooga.

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. Information is deemed reliable but not guaranteed accurate by the MLS. © 2024 Chattanooga Association of REALTORS®