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.
Active
$395,000
1322 Dallas Rd, Chattanooga, TN 37405
3beds
2baths
1,320sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$299/sqft
$-- HOA
What's special
Storage shedJapanese maplesPrivate deckCustom tile surroundNew metal roofFresh exterior paintSeparate hvac system
- 82 days
- 2,035
- 148
Zillow last checked:
Listing updated:
Listed by:
Natalie Henson 423-664-1900,
Greater Downtown Realty dba Keller Williams Realty 423-664-1900
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3245409
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Flooring: Wood, Tile
Interior area
- Total structure area: 1,320
- Total interior livable area: 1,320 sqft
Property
Parking
- Parking features: Detached, Paved
Lot
- Size: 0.3 Acres
- Dimensions: 80 x 164.6
Details
- Parcel number: 126L G 011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: North Chatt Map No 1
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $299/sqft
- Tax assessed value: $230,400
- Annual tax amount: $3,176
- Date on market: 6/18/2026
- Total actual rent: 2575
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $395,000+86.3%$299/sqft |
Source: | ||
| 10/23/2025 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/12/2025 | Price change | $1,350-3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2025 | Price change | $1,400-3.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/19/2025 | Listed for rent | $1,450$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/3/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/24/2024 | Listed for rent | $1,450+3.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/15/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/10/2023 | Listed for rent | $1,400-85.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/18/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/17/2022 | Listed for rent | $9,500+763.6%$7/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/5/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/27/2020 | Price change | $1,100-4.3%$1/sqft |
Source: Owner Report a problem | ||
| 12/15/2020 | Listed for rent | $1,150$1/sqft |
Source: Owner Report a problem | ||
| 12/13/2017 | Sold | $212,000-3.6%$161/sqft |
Source: Greater Chattanooga Realtors #1255322 Report a problem | ||
| 8/24/2017 | Listed for sale | $219,900$167/sqft |
Source: Chattanooga - Downtown #1255322 Report a problem | ||
| 8/3/2017 | Pending sale | $219,900$167/sqft |
Source: Chattanooga - Downtown #1255322 Report a problem | ||
| 6/28/2017 | Listed for sale | $219,900$167/sqft |
Source: Chattanooga - Downtown #1255322 Report a problem | ||
| 6/9/2017 | Pending sale | $219,900$167/sqft |
Source: Chattanooga - Downtown #1255322 Report a problem | ||
| 11/12/2016 | Listed for sale | $219,900$167/sqft |
Source: Keller Williams - Chattanooga - Downtown #1255322 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,397 -21.2% | $92,160 +16.4% |
| 2024 | $1,772 | $79,200 |
| 2023 | $1,772 | $79,200 |
| 2022 | $1,772 | $79,200 |
| 2021 | $1,772 +22.8% | $79,200 +51.7% |
| 2020 | $1,443 | $52,200 |
| 2019 | $1,443 | $52,200 |
| 2018 | $1,443 -47.7% | $52,200 |
| 2017 | $2,759 +100.8% | $52,200 |
| 2016 | $1,374 | -- |
| 2015 | $1,374 | $24,800 |
| 2014 | $1,374 +25.2% | -- |
| 2013 | $1,097 | $24,800 -37.5% |
| 2012 | $1,097 | $39,680 |
| 2011 | $1,097 | $39,680 |
| 2010 | $1,097 | $39,680 |
| 2009 | $1,097 | $39,680 +102.2% |
| 2008 | -- | $19,625 |
| 2007 | -- | $19,625 |
| 2006 | -- | $19,625 |
| 2005 | -- | $19,625 +34.9% |
| 2004 | -- | $14,550 |
| 2003 | -- | $14,550 |
| 2002 | -- | $14,550 |
| 2001 | -- | $14,550 +39.9% |
| 2000 | -- | $10,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Chattanooga
Nearby schools
Schools provided by the listing agent
- Elementary: Rivermont Elementary School
- Middle: Red Bank Middle School
- High: Red Bank High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






