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    1640 Thrasher Pike Hixson, TN 37343

    For Sale
    $320,000

    MULTI_FAMILY - Hixson, TN

    Property size:
    2,208 SF
    Days on Market:
    199
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 1640 Thrasher Pike

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    083h B 043.03
    Parking features
    Off Street
    Patio and Porch features
    Deck, Patio
    Interior features
    Eat-in Kitchen
    Appliances
    Electric Oven, Refrigerator
    Size
    2,208 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1984
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Berkshire Hathaway J Douglas (423) 498-5800

    Listing agent Grace Edrington (423) 280-2865 License #291147

    Listing date May 23, 2025

    Copyright © 2025 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hixson Duplex: Investor Opportunity

    This well-maintained duplex presents an investor opportunity in a prime Hixson location. Situated directly across from Middle Valley Elementary and within walking distance of Walmart and other shopping amenities in the heart of Hixson, the property offers strong rental potential in a desirable and convenient location. Each unit is currently occupied with month-to-month tenants, providing flexibility for future plans, including the option to increase rents, renovate, or occupy one side while renting the other. Recent upgrades include a new roof and gutters installed 2.5 years ago, new stoves in both units installed 1 year ago, a hot water heater in Unit 2 that is 3 years old, a hot water heater in Unit 1 that is 5 years old, and an HVAC system in Unit 2 that is just 2 years old. The property is 2208 square feet and sits on a 0-acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hixson
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.190831
    Latitude
    35.189637

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    • $229,900
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      Updated Townhome in Hixson, TN

      Updated 2-bedroom townhome in Hixson, move-in ready and full of charm.
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    • Contact for pricing
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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Hixson, TN with strong rental potential.
    Where is this duplex located?
    The property is located at 1640 Thrasher Pike Hixson, TN.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Prime Hixson location, across from Middle Valley Elementary and walking distance to Walmart and shopping.; - Strong rental potential with both units currently occupied, providing immediate income.; - New roof and gutters (2.5 years old).
    (423) 280-2865
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1640 Thrasher Pike Hixson, TN 37343
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