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Four-Unit Duplex Property
For Sale
$460,000

10 Fountain Circle, Chattanooga, TN 37412

Two-bedroom units with private utility metering, updated HVAC systems, generous yard space, and substantial off-street parking.

Property SizeContact for details
Days on Market236

Property Features for 10 Fountain Circle

General Information

Standard status Active
Property subtype Duplex

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Amenities

Central Air
Central
Refrigerator
Microwave
Electric Water Heater
Electric Range
Electricity Connected, Sewer Connected, Water Connected, Shingle

Building Details

Year Built 1950
Buildings 2
Listing Agency: Chattanooga - Downtown
Listed By: Bri Goodrich · License #TN
Source: Kw
Added: Jan 9 Changed: Sep 2 Last Checked: Sep 1 at 12:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chattanooga - Downtown

Investment Insights

Based on property information with market context.

This multifamily property consists of two duplex buildings with four total units. Each residence includes 2 bedrooms and 1 bathroom, creating a consistent unit mix across Units A, B, C, and D. Several units have newer HVAC systems, and interior equipment includes central air, a refrigerator, microwave, electric range, and electric water heater. Electricity, sewer, and water are connected to the property. Units are separately metered except for Units C and D, which share a common water line; water for those units remains in the landlord’s name and is billed back to tenants for reimbursement.

The property includes generous yard area and a large parking area for off-street parking. It was built in 1950 and is located approximately 10 minutes from downtown Chattanooga and Hamilton Place Mall, with Chattanooga Airport approximately 15 minutes away. Buyers may also have the option to acquire a larger six-unit package that includes this property and 3711 Fountain Avenue.

Key Highlights

  • Four total units arranged as two duplex buildings
  • Each unit offers 2 bedrooms and 1 bathroom
  • Several units feature newer HVAC systems

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Electrical Service Gym & Fitness Center (Bike/Boat/Book/etc) Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

287
Businesses Nearby

Demographics for 37412, TN

21,881
Population
10,305
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
86%
High-School Grad
8.7 sq mi
ZIP Area
2,515
Density / Sq Mi
$56,600
Median Household Income
$37,858
Median Earnings
$1,120
Median Rent
$182,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units with private utility metering, updated HVAC systems, generous yard space, and substantial off-street parking.
Where is this duplex located?
The property is located at 10 Fountain Circle Chattanooga, TN.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Four total units arranged as two duplex buildings; Each unit offers 2 bedrooms and 1 bathroom; Several units feature newer HVAC systems
More about this property
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