4061 Teakwood Drive Chattanooga, TN 37416
MULTI_FAMILY - Ranch - Chattanooga, TN
Type:Single Family Residence
Property size:
1,920 SF- Added:
- Dec 12, 2025
- Days on Market:
- 139
- Last Refresh:
- Apr 30 at 12:06 pm
Property Features for 4061 Teakwood Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Off Street, Driveway
- Window features
- Vinyl Frames
- Patio and Porch features
- Patio
- Interior features
- Primary Downstairs, Open Floorplan, Laminate Counters
- Exterior features
- Rain Gutters
- Appliances
- Washer, Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 120o H 014
- Size
- 1,920 SF
Taxes and HOA fees
- Tax Annual Amount
- 2423
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1969
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick
- Architectural style
- Ranch
Listing agent Drew Carey License #327119 (423) 618-3739
Listing office EXP Realty, LLC 400 E Main St STE 215, Chattanooga, TN (888) 519-5113
Listing date Dec 12, 2025
MLS# 20261303
Listing URL
Copyright © 2026 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
All-Brick Duplex with Income Potential
This all-brick, one-level duplex presents an opportunity for acquisition. Each unit includes 2 bedrooms and 1 bathroom. One unit is occupied by long-term tenants on a month-to-month lease, providing immediate cash flow. The other unit is vacant and ready to rent or occupy. The current rents are below market, offering potential for higher rental income. The occupied unit has been updated. The property features a large, flat, and private backyard. Located in an area with rental demand, this duplex has brick construction, a single-level layout, and flexible leasing options. The property is 1920 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.185704
- Latitude
- 35.094437
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Solid duplex with rental upside in Chattanooga, Tennessee.
Where is this duplex located?
The property is located at 4061 Teakwood Drive Chattanooga, TN.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: Strong Rent Upside: Below‑market rents offer immediate potential to increase income.; Motivated Seller: Recent price drop indicates a willingness to negotiate.; Instant Cash Flow: One unit is already occupied by long‑term tenants, providing immediate income.
