Fully Remodeled Duplex
2111 Chamberlain Avenue Chattanooga, TN 37404
2111 Chamberlain Avenue, Chattanooga, TN, 37404
$375,000
For Sale
$375,000
MULTI_FAMILY - Chattanooga, TN
Property Size2,243 SF
Lot Size0.15 Acres
Price / SF$167.19
Days on Market16
Property Features for 2111 Chamberlain Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3
- Parking features
- Off Street, Driveway
- Window features
- Blinds
- Patio and Porch features
- Porch
- Exterior features
- Private Entrance
- Fireplace
- 1
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 146k T 034
- Size
- 2,243 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- LT 13 BLK 34 MONTAGUES HIGHLAND PAR K ADDN NO 2 PB1 PG35
- Tax Annual Amount
- 5458
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Ductless (Heating)
- Cooling system
- Electric, Ceiling Fan(s), Ductless, Multi Units, Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Number of units
- 2
- Flooring type
- Tile, Carpet, Vinyl
- Building materials
- Shingle Siding
- Roof type
- Shingle
Listing Agency
Zach Taylor - Chattanooga
(855) 261-2233
101 W 21st Street Suite C, Chattanooga, TN
Listed by
Grace Frank · License #305329
(423) 208-3834
Added: Jul 2 Checked: Jul 17 at 5:06 pm
MLS# 1537928
Listing URL
Copyright © 2026 Greater Chattanooga 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.
Investment Insights
Based on property information with market context.
This fully remodeled duplex at 2111 Chamberlain Avenue provides two separate residential units with distinct bedroom and bathroom configurations. The spacious main-level unit includes four bedrooms and two full bathrooms. The upper unit features a private entrance, with two bedrooms and one full bathroom. The overall property size is listed as 2,243 square feet, sitting on a 0.15-acre lot.
The property is located in Chattanooga, Tennessee, in Hamilton County, with a postal address of 37404. Public remarks describe the surrounding area as a downtown Chattanooga neighborhood, and note convenient access to McCallie School, Parkridge Medical Center, local restaurants, and Downtown Chattanooga.
Designed for owner-occupants who want to live in one unit while renting the other, this setup can also support multi-generational living or hosting guests through the separation and private entrance for the upper unit. The fully remodeled condition and clear unit mix make the property straightforward to consider for buyers seeking a ready-to-use residential income duplex.
The property is located in Chattanooga, Tennessee, in Hamilton County, with a postal address of 37404. Public remarks describe the surrounding area as a downtown Chattanooga neighborhood, and note convenient access to McCallie School, Parkridge Medical Center, local restaurants, and Downtown Chattanooga.
Designed for owner-occupants who want to live in one unit while renting the other, this setup can also support multi-generational living or hosting guests through the separation and private entrance for the upper unit. The fully remodeled condition and clear unit mix make the property straightforward to consider for buyers seeking a ready-to-use residential income duplex.
Key Highlights
- Fully remodeled Ridgedale duplex at 2111 Chamberlain Avenue with private entrance for the upper unit
- Main unit: 4 bedrooms and 2 full bathrooms on the main level
- Upper unit: 2 bedrooms and 1 full bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.6k | $15.00 |
| − Vacancy | −$2.2k | −$0.98 |
| EGI | $31.5k | $14.03 |
| − OpEx | −$9.4k | −$4.21 |
| NOI | $22.0k | $9.82 |
2,243 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$314.6K
$275.3K – $367.0K
NOI $22,021 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$282.3K
$247.0K – $329.3K
NOI $19,760 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$495.4K
$433.5K – $577.9K
NOI $34,676 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Move-in-ready duplex offers separate unit living with rental income potential for owner-occupants.
Where is this duplex located?
The property is located at 2111 Chamberlain Avenue Chattanooga, TN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Fully remodeled Ridgedale duplex at 2111 Chamberlain Avenue with private entrance for the upper unit; Main unit: 4 bedrooms and 2 full bathrooms on the main level; Upper unit: 2 bedrooms and 1 full bathroom
