311 E View Drive, Chattanooga, TN 37404
MULTI_FAMILY - Chattanooga, TN
- Added:
- Mar 5, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 14 at 1:06 pm
Property Features for 311 E View Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bedroom 1, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2
- Parking features
- Driveway, Off Street
- Window features
- Vinyl Frames
- Patio and Porch features
- Deck, Patio
- Pets allowed
- Number Limit, Dogs OK, Yes
- Interior features
- Breakfast Room, Ceiling Fan(s), Crown Molding, Double Vanity, Entrance Foyer, Granite Counters, High Speed Internet, Open Floorplan, Storage, Tub/shower Combo
- Exterior features
- Balcony, Private Entrance, Private Yard, Rain Gutters
- Appliances
- Stainless Steel Appliance(s), Refrigerator, Free-Standing Electric Range, Disposal, Dishwasher
- Standard status
- Active
- APN
- 156k J 007
- Size
- 3,216 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Description
- LOTS 91,99 PT 82,83,90,98 DUNLAP PL ACE PB I/3 PG 253
- Tax Annual Amount
- 3446
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Bamboo, Vinyl, Tile
- Building materials
- HardiPlank Type, Stone
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Melissa Hennessy License #334281 (703) 926-5108
Listing office Real Estate Partners Chattanooga LLC 525 W Main Street Suite 101, Chattanooga, TN (423) 265-0088
Listing date Mar 5, 2026
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.
HighLights
- Updated mid‑century modern duplex with tenants already in place for immediate rental income
- Each unit offers 2 bedrooms and 2 full bathrooms with a laundry closet; washer and dryer included
- Significant improvements to both units including roof, HVAC, sewage pump, and bamboo flooring throughout
- One unit features a completely renovated kitchen
- Amenities include double vanity, granite counters, crown molding, and open floorplan with high‑speed internet
- Exterior features include private entrances, private yard, balcony, deck/patio, and rain gutters; utilities include cable available
Overview
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 | $48.2k | $15.00 |
| − Vacancy | −$3.1k | −$0.98 |
| EGI | $45.1k | $14.03 |
| − OpEx | −$13.5k | −$4.21 |
| NOI | $31.6k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.267432
- Latitude
- 35.01161
