Attention investors! Don't miss out on this investment opportunity in Hixson, Tennessee. This duplex currently has a gross monthly rent of $2320. Unit A was recently rented at $1175 and unit B rented at $1145. There is potential to increase gross monthly rents to $2660+ since the 2024 HUD Small Area Fair Market Rents are $1,330 for a 2 bedroom unit in 37343. The property is professionally managed by a property management firm. Showing allowed on vacant Unit A only.
The property can be a great opportunity for both investors and owner occupants. For a home buyer intending on living on one side we have options for 0-5% down with VA, FHA, or conventional financing.
Offers will need a contingency to view Unit B within the due diligence/inspection period. Please do not disturb tenants.
Sold for $302,500 on 09/19/24
$302,500
4734 Norcross Rd, Hixson, TN 37343
8beds
1,998sqft
Duplex
Built in 1969
-- sqft lot
$301,300 Zestimate®
$151/sqft
$1,474 Estimated rent
Home value
$301,300
$277,000 - $325,000
$1,474/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 16, 2025 at 11:15am
Listed by:
Corey Ballew 423-529-0696,
REAL Broker
Bought with:
Tevan Holder, 362428
United Real Estate Experts
Source: Greater Chattanooga Realtors,MLS#: 1395432
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Open Floorplan
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,998
- Total interior livable area: 1,998 sqft
Property
Parking
- Parking features: Kitchen Level
- Has garage: Yes
Features
- Levels: One
- Fencing: Fenced
Lot
- Size: 0.36 Acres
- Dimensions: 110 x 140.6
- Features: Level
Details
- Parcel number: 099m H 025
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Roof: Shingle
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Hixson
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Listing removed | $1,195$1/sqft |
Source: Zillow Rentals | ||
| 9/28/2024 | Listed for rent | $1,195$1/sqft |
Source: Zillow Rentals | ||
| 9/19/2024 | Sold | $302,500-2.1%$151/sqft |
Source: Greater Chattanooga Realtors #1395432 | ||
| 8/20/2024 | Contingent | $309,000$155/sqft |
Source: Greater Chattanooga Realtors #1395432 | ||
| 8/8/2024 | Listed for sale | $309,000$155/sqft |
Source: Greater Chattanooga Realtors #1395432 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,316 | $58,800 |
| 2023 | $1,316 +60% | $58,800 +60% |
| 2022 | $822 | $36,750 |
Find assessor info on the county website
Neighborhood: 37343
Nearby schools
GreatSchools rating
- 4/10Dupont Elementary SchoolGrades: K-5Distance: 1.7 mi
- 4/10Hixson Middle SchoolGrades: 6-8Distance: 1.8 mi
- 7/10Hixson High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: DuPont Elementary
- Middle: Hixson Middle
- High: Hixson 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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Estimated market value
$301,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$301,300