This property presents a rare opportunity for investors or owner‑occupants seeking both space and income potential. The main building offers 4,607 square feet divided into two expansive units, each with three bedrooms and one bath, private entrances, and a central shared entry that includes an office space in the rear—perfect for management, leasing, or conversion into additional rentable square footage. Complementing the apartments is a spacious double‑wide home, built in 2009 on a permanent foundation, which adds another attractive living option for rental income or personal use. With multiple units, built‑in office space, and modern construction, this property is ideally positioned to generate strong cash flow while offering long‑term appreciation and adaptability. Whether you choose to maximize rental income or create a large personal residence, the possibilities here make it a compelling investment.
For sale
$389,000
2601 W Valley Rd, Dunlap, TN 37327
9beds
6,227sqft
Est.:
Triplex
Built in 1955
-- sqft lot
$369,900 Zestimate®
$62/sqft
$-- HOA
What's special
Private entrancesCentral shared entryTwo expansive units
- 21 days |
- 789 |
- 23 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 07:14am
Listed by:
Jerry Kriss McGowan 423-481-6985,
Heartland Realty & Auction, In 423-949-3642
Source: Greater Chattanooga Realtors,MLS#: 1525179
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: Laundry Room
Features
- Plumbed, Eat-in Kitchen, Pantry
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,227
- Total interior livable area: 6,227 sqft
- Finished area above ground: 6,227
Property
Parking
- Parking features: Asphalt, Parking Lot, Kitchen Level
Features
- Levels: One
- Patio & porch: Covered, Deck
- Pool features: None
Lot
- Size: 1 Acres
- Dimensions: 237 x 231 x 178 x 126
- Features: Level
Details
- Additional structures: Mobile Home
- Parcel number: 063 053.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Aluminum Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Water Available, Water Connected
Community & HOA
Community
- Features: None
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Dunlap
Financial & listing details
- Price per square foot: $62/sqft
- Tax assessed value: $279,100
- Annual tax amount: $2,050
- Date on market: 12/12/2025
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
$369,900
$351,000 - $388,000
$1,337/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $389,000+14.4%$62/sqft |
Source: Greater Chattanooga Realtors #1525179 Report a problem | ||
| 2/15/2024 | Sold | $340,000-11.2%$55/sqft |
Source: Greater Chattanooga Realtors #1378988 Report a problem | ||
| 11/28/2023 | Contingent | $383,000$62/sqft |
Source: Greater Chattanooga Realtors #1378988 Report a problem | ||
| 8/31/2023 | Listed for sale | $383,000+2.1%$62/sqft |
Source: Greater Chattanooga Realtors #1378988 Report a problem | ||
| 4/20/2023 | Listing removed | -- |
Source: Greater Chattanooga Realtors #1353592 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,050 | $111,640 |
| 2023 | $2,050 +6% | $111,640 +41% |
| 2022 | $1,934 | $79,200 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,177/mo
Principal & interest
$1895
Property taxes
$146
Home insurance
$136
Climate risks
Neighborhood: 37327
Nearby schools
GreatSchools rating
- 5/10Sequatchie Co Middle SchoolGrades: 5-8Distance: 3.4 mi
- 5/10Sequatchie Co High SchoolGrades: 9-12Distance: 13.6 mi
- 5/10Griffith Elementary SchoolGrades: PK-4Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Griffith Elementary School
- Middle: Sequatchie Middle
- High: Sequatchie High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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