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Chattanooga Duplex: Investment Opportunity

1102 N Hawthorne Street Chattanooga, TN 37406

1102 N Hawthorne Street, Chattanooga, TN, 37406
$200,000
For Sale
Claim this Listing
$200,000

MULTI_FAMILY - Chattanooga, TN

Property Size1,572 SF
Lot Size0.14 Acres
Price / SF$127.23
AddedJan 15
Days on Market181
Last RefreshJul 15 at 2:06 pm

Property Features for 1102 N Hawthorne Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 1
Parking features
Off Street
Appliances
Refrigerator, Oven, Electric Range
Standard status
Active
APN
136n F 026
Size
1,572 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Description
LT 206 GRIFFITHS ADDN TO WALNUT PAR K PB 2 PG 14 ER2153
Tax Annual Amount
991

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1960
Floors in Building
1
Number of units
2
Flooring type
Vinyl
Building materials
Brick
Roof type
Shingle

Listing agent Jessica Sholl License #321970

Listing office EXP Realty LLC 3401 Mallory Lane 100, Nashville, TN

Listing date Jan 15, 2026

MLS# 1526735 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 occupied duplex in Chattanooga, Tennessee, presents an excellent investment opportunity. Each of the two units features 2 bedrooms and 1 full bath. Washer and dryer hookups are in place within each unit. The property is well maintained and offers immediate cash flow, making it suitable for investors seeking to expand their rental portfolio with an income-producing asset. The property size is 1572 square feet, situated on a 0.14-acre lot.

Key Highlights

  • Fully occupied duplex with 2 units, each with 2 bedrooms and 1 full bath
  • Washer and dryer hookups in place in each unit
  • Brick construction with central heating and central air

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 $23.6k $15.00
− Vacancy −$1.5k −$0.98
EGI $22.0k $14.03
− OpEx −$6.6k −$4.21
NOI $15.4k $9.82
1,572 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$220.5K
$192.9K – $257.2K (±1% cap)
NOI $15,433 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$197.8K
$173.1K – $230.8K (±1% cap)
NOI $13,849 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$347.2K
$303.8K – $405.1K (±1% cap)
NOI $24,303 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Spa & Massage Center Parking Lot & Garage Hair Salon Electrical Service Building Supply Skin Care Clinic HVAC Service Law Firm Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully occupied duplex in Chattanooga, TN, ideal for investors.
Where is this duplex located?
The property is located at 1102 N Hawthorne Street Chattanooga, TN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Fully occupied duplex with 2 units, each with 2 bedrooms and 1 full bath; Washer and dryer hookups in place in each unit; Brick construction with central heating and central air
Contact an agent
More about this property
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