Prime Investment & Development Opportunity! 911-923 Lullwater Road is a rare 5 duplex package in a prime Chattanooga location, offering 10 total units across over 3 acres. Each 1 bedroom/1 bathroom unit is currently leased and well-maintained, with updates throughout & available upon request. Located mere minutes from downtown Chattanooga, the riverfront and major employers, this 3 acre site combines convenience, growth and opportunity. This package is ideal for buy-and-hold investors, value-add strategists or developers. (Buyer to verify zoning and use.) 911-923 Lullwater Rd is the best of both worlds- steady returns today and a blank canvas for tomorrow.
Contingent
$1,250,000
911 Lullwater Rd, Chattanooga, TN 37405
10beds
1,248sqft
Est.:
Duplex
Built in 1981
-- sqft lot
$-- Zestimate®
$1,002/sqft
$-- HOA
What's special
- 92 days |
- 326 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: December 27, 2025 at 10:40am
Listed by:
Ashlee Lawrence 423-802-5270,
REAL Broker 844-591-7325
Source: Greater Chattanooga Realtors,MLS#: 1521818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 5
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Free-Standing Electric Range, Refrigerator
- Laundry: In Unit
Features
- Tub/shower Combo
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,248
- Total interior livable area: 1,248 sqft
Property
Parking
- Parking features: Driveway
Features
- Levels: Two
- Patio & porch: Porch - Covered
- Exterior features: Private Entrance
Lot
- Size: 3.35 Acres
- Dimensions: Appro x 352 x 414
Details
- Additional parcels included: Property sold as package of 5 duplexes. Owner will not divide.
- Parcel number: 117k B 011.01
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Glasscock
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $1,002/sqft
- Tax assessed value: $92,400
- Annual tax amount: $1,968
- Date on market: 10/31/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Insurance
Estimated market value
Not available
Estimated sales range
Not available
$1,470/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2025 | Contingent | $1,250,000$1,002/sqft |
Source: Greater Chattanooga Realtors #1521818 Report a problem | ||
| 10/31/2025 | Listed for sale | $1,250,000$1,002/sqft |
Source: Greater Chattanooga Realtors #1521818 Report a problem | ||
| 10/10/2025 | Contingent | $1,250,000$1,002/sqft |
Source: Greater Chattanooga Realtors #1521818 Report a problem | ||
| 10/7/2025 | Listed for sale | $1,250,000+62400%$1,002/sqft |
Source: Greater Chattanooga Realtors #1521818 Report a problem | ||
| 5/5/1981 | Sold | $2,000$2/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,968 | $36,960 |
| 2023 | $1,968 +18.1% | $36,960 |
| 2022 | $1,666 +101.5% | $36,960 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,110/mo
Principal & interest
$6099
Property taxes
$573
Home insurance
$438
Climate risks
Neighborhood: 37405
Nearby schools
GreatSchools rating
- 4/10Red Bank Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Red Bank Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Red Bank High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Red Bank Elementary
- Middle: Red Bank Middle
- High: Red Bank High School
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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