Multiple Offers. Highest and Best, Deadline for offers is Sunday, October 20th at 6pm with Seller response by Monday, October 21st at 2pm. Looking for a solid investment property located in the East Brainerd area of Chattanooga? This terrific duplex could just be the one! One side has 3 bedrooms & 2 baths & a fenced rear yard while the 2nd unit has 2 bedrooms & 1.5 baths. Both units have basement garages with stair access into the unit from inside as well as off-street paved parking spaces out front. Laundry is located in the basement. Washer & Dryer remains with the 2 bedroom unit. (Tenant owns washer/dryer for the 3 bedroom unit.) The units both have long term tenants (12+ years) that are paying below market rent rate and are on month to month terms at this time. The 3 bed/2 bath is currently rented for $650 & the 2 bed/1.5 bath unit rents for $450. Both tenants are non-smoking. Both units are all electric with heat pump/central air & tenants pay all utilities. Seller currently provides lawn service.
The median home value in Chattanooga, TN is $273,300. This is lower than the county median home value of $285,200. The national median home value is $338,100. The average price of homes sold in Chattanooga, TN is $273,300. Approximately 46.21% of Chattanooga homes are owned, compared to 43.33% rented, while 10.47% are vacant. Chattanooga real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chattanooga real estate agent to arrange a tour today!
Chattanooga, Tennessee 37421 has a population of 180,353. Chattanooga 37421 is less family-centric than the surrounding county with 21.32% of the households containing married families with children. The county average for households married with children is 27.75%.
The median household income in Chattanooga, Tennessee 37421 is $50,437. The median household income for the surrounding county is $61,050 compared to the national median of $69,021. The median age of people living in Chattanooga 37421 is 36.7 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 51.1 inches per year, with 1.5 inches of snow per year.