2712 N Orchard Knob Avenue, Chattanooga, TN 37406

$237,000
6
BD
2
BA
1,647
SqFt

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List Price
$237,000
Price Change
▼ $10,000 1790808217
MLS#
1542951
Status
ACTIVE
Type
Multifamily
City
Chattanooga
County
Hamilton
Bedrooms
6
Bathrooms
2
Living Area
1,647
Lot Size
21,780
Year Built
1998

Property Description

Opportunity knocks with this fully occupied 3-bedroom, 1-bath duplex just minutes from the heart of downtown Chattanooga. Positioned to benefit from the city's continued expansion, this is a turnkey investment in one of the Southeast's fastest growing markets, where demand for well located rentals keeps climbing. Both units are currently leased and generating income from day one. Unit A rents for $1,075/month through March 2027, and Unit B rents for $1,095/month through June 2027, giving a new owner built in flexibility to bring rents to market as leases roll over. With Chattanooga's downtown momentum showing no signs of slowing, the long term appreciation potential here is hard to overstate. The property has been thoughtfully maintained and updated. Unit A recently received a fresh remodel featuring new paint, new flooring and subflooring, and a new vanity. Unit B's water heater was replaced in 2019, and the roof is only 10 years old. Behind the scenes, a newer sump pump, French drain, and newer sewer line deliver real peace of mind and protect your investment for years to come. Whether you are expanding a rental portfolio or buying your first income property, this duplex offers immediate cash flow, low maintenance updates, and a location tied directly to Chattanooga's growth story. Property is fully occupied. Please do not disturb the tenants.

Additional Information

Acres
0.50
Appliances
Electric Range, Refrigerator
Basement
Crawl Space
Cooling
Central Air
Living Area
1,647
Subdivision
Andersons
Year Built
1998

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Agent: Charles Jabaley | cjjabaley@gmail.com

Office: Keller Williams Realty | 423-664-1600