Contemporary Duplex
5758 Taggart Drive Hixson, TN 37343
For Sale
$360,000
Pending
MULTI_FAMILY - Contemporary - Hixson, TN
Property Size2,872 SF
Lot Size0.29 Acres
Days on Market72
Property Features for 5758 Taggart Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
18
Rooms
Bathroom 17, Bathroom 18, Bedroom 6, Bathroom 1, Bathroom 15, Basement, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 12, Bathroom 6, Bathroom 13, Bathroom 10, Bathroom 7, Bathroom 4, Bathroom 5, Bathroom 11, Bathroom 16, Bathroom 2, Bedroom 3, Bathroom 14, Bathroom 3, Bathroom 9, Bathroom 8, Bedroom 5
Parking features
Driveway
Spa
1
Window features
Vinyl Frames
Exterior features
Rain Gutters
Basement
Finished
Appliances
Water Heater, Free-Standing Refrigerator, Free-Standing Range, Electric Water Heater, Electric Range
Standard status
Pending
APN
099d D 007
Size
2,872 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Description
1760B 05C 07 LOT 38 LAKE FOREST SEC 3 PB 23 PG 114
Tax Annual Amount
3176
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1970
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile, Vinyl
Building materials
Wood Siding
Roof type
Shingle
Architectural style
Contemporary
Listing Agency:
The Source Real Estate Group
(423) 654-7055
Listed By:
Alicia Morris · License #346484
(970) 390-6303
Added: May 20
Changed: Jul 20
Last Checked: Jul 30 at 12:06AM
MLS# 1535224
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 contemporary duplex at 5758 Taggart Drive offers an income-producing two-unit configuration and is being sold “AS IS.” The property has recently received new exterior paint. The roof is under five years old, and both HVAC units are under seven years old and were just serviced.
Located just off Hwy 153, the home provides convenient commute access into Hixson, Chattanooga, Soddy, Red Bank, or Sale Creek. The surrounding area is described as a well-established neighborhood.
Additional details such as interior layout, operating history, or unit-by-unit features are not provided in the available information, so prospective buyers are encouraged to review the property in person and confirm all conditions prior to purchase.
Located just off Hwy 153, the home provides convenient commute access into Hixson, Chattanooga, Soddy, Red Bank, or Sale Creek. The surrounding area is described as a well-established neighborhood.
Additional details such as interior layout, operating history, or unit-by-unit features are not provided in the available information, so prospective buyers are encouraged to review the property in person and confirm all conditions prior to purchase.
Key Highlights
- Sold as‑is; investor‑friendly property with room to complete needed repairs or upgrades
- New exterior paint; roof is shingle and under 5 years old
- Both HVAC units are under 7 years old and were just serviced; central heating and central air
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 | $38.9k | $13.56 |
| − Vacancy | −$4.5k | −$1.56 |
| EGI | $34.5k | $12.00 |
| − OpEx | −$10.3k | −$3.60 |
| NOI | $24.1k | $8.40 |
2,872 SF · lease $13.56/SF/yr · vacancy 11.49% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$344.7K
$301.6K – $402.2K
NOI $24,129 @ 7.0% cap · market cap 6.70%
Second Best
Apartment 5plus
$316.6K
$277.0K – $369.3K
NOI $22,160 @ 7.0% cap · market cap 6.16%
Theoretical Best
Healthcare Medical
$476.9K
$417.3K – $556.4K
NOI $33,385 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with new exterior paint, a roof under five years old, and two HVAC systems under seven years old.
Where is this duplex located?
The property is located at 5758 Taggart Drive Hixson, TN.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Sold as‑is; investor‑friendly property with room to complete needed repairs or upgrades; New exterior paint; roof is shingle and under 5 years old; Both HVAC units are under 7 years old and were just serviced; central heating and central air
