$250,000
$257,900
3.1%For more information regarding the value of a property, please contact us for a free consultation.
7614 Noah Reid RD Chattanooga, TN 37416
4 Beds
5 Baths
1,728 SqFt
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,728 sqft
Price per Sqft $144
Subdivision Austin Farms
MLS Listing ID 1532816
Sold Date 05/27/26
Bedrooms 4
Year Built 1986
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 90X194M
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Income-producing duplex in Chattanooga offering a strong mix of stability and upside potential. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that continue to perform well in the local rental market.
Unit A is leased at $816/month with a lease secured through April 20, 2027, providing long-term income stability. Unit B is currently leased at $1,224/month on a month-to-month basis, allowing flexibility for an investor to adjust rents to market or reposition the unit as needed.
The spread in rents highlights an opportunity for future revenue growth while maintaining solid in-place cash flow. Ideal for investors seeking a low-maintenance asset with a balance of dependable income and value-add potential. Conveniently located with access to major roadways, employment centers, and everyday amenities, supporting continued tenant demand.
Location
State TN
County Hamilton
Area 0.4
Interior
Heating Central
Cooling Central Air
Fireplace No
Heat Source Central
Exterior
Parking Features Off Street
Garage Description Off Street
Community Features None
Roof Type Shingle
Garage No
Building
Lot Description Sloped
Faces Via I-75 and Hickory Valley Rd Take exit 3 for East Brainerd Road Turn right onto Hickory Valley Rd Turn left onto Bonny Oaks Dr Turn left onto Noah Reid Rd
Story Two
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Bess T. Shepherd Elementary
Middle Schools Tyner Middle Academy
High Schools Tyner Academy
Others
Senior Community No
Tax ID 129n G 023
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Investor
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