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.
Listed By
Agency Name: RealSmart
Agency Phone: 619-746-8378
Shown By
Agent Name: John Loveless
Agent Phone: (423) 506-8614
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 851.11 per month $573.97 Principal & Interest $201.92 Property Tax $75.22 Homeowner's Insurance
7614 Noah Reid Road | MLS# 1532816
This multi-family property located at 7614 Noah Reid Road, Chattanooga, TN 37416 is currently listed for sale with an asking price of $257,900. Search Chattanooga real estate on www.johnloveless.com today.