Storage shedJapanese maplesPrivate deckCustom tile surroundNew metal roofFresh exterior paintSeparate hvac system
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.
36 days
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1,610
|
114
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Natalie Henson423-664-1900,
Greater Downtown Realty dba Keller Williams Realty423-664-1900
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3245409
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
6/18/2026
Listed for sale
$395,000+86.3%$299/sqft
Source: RealTracs MLS as distributed by MLS GRID #3245409Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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.