Welcome to 5727 North Morgan Lane, Chattanooga, TN—an exceptional investment opportunity offering consistent income potential. This recently renovated property comprises three 2-bedroom units and one 1-bedroom units, totaling 3112 square feet of living space. The entire building and individual units have undergone professional updates and renovations within the past year - see attached documents for details.
Each unit features a back porch, inviting tenants to unwind and enjoy the outdoors, complemented by a generous lot that enhances the property's appeal. With tenants already in place, this investment ensures a steady financial return. Detailed rent rolls and further information are available upon request to serious buyers, currently grossing almost $4k per month.. Incredible opportunity to own a well-maintained, income-generating property in a desirable location in Chattanooga, TN.
For sale
Price cut: $20K (7/17)
$635,000
5727 N Morgan Ln, Chattanooga, TN 37415
7beds
3,112sqft
Est.:
Quadruplex
Built in 1960
-- sqft lot
$-- Zestimate®
$204/sqft
$-- HOA
What's special
Back porchProfessional updatesGenerous lot
- 111 days
- on Zillow |
- 296 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 11:51am
Listed by:
Carmen Klapper 615-425-6976,
Compass Tennessee 615-475-5616
Source: Greater Chattanooga Realtors,MLS#: 1512130
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Ductless
Cooling
- Multi Units
Appliances
- Included: Refrigerator, Electric Oven, Dishwasher
- Laundry: Common Area, Lower Level
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,112
- Total interior livable area: 3,112 sqft
Property
Parking
- Parking features: Driveway, Parking Lot
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Balcony
- Pool features: None
Lot
- Size: 0.34 Acres
- Dimensions: 191.7 x 178
Details
- Additional structures: None
- Parcel number: 099c C 007
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hetzel
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $204/sqft
- Annual tax amount: $2,907
- Date on market: 5/1/2025
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Asphalt
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