New Construction
For Sale
$449,000
142 Oakwood Drive, Soddy Daisy, TN 37379
Each residence offers three bedrooms, two bathrooms, and a full kitchen appliance package.
Property Size2,775 SF
Price / SF$161.80
Days on Market20
Property Features for 142 Oakwood Drive
General Information
Standard status
Active
Size
2,775 SF
Property subtype
Mixed Use
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$836
Amenities
stove
microwave
dishwasher
tile walls
tub shower combo
granite countertops
LVP flooring
covered porch
concrete driveway
Building Details
Building Size
2,775 SF
Year Built
2026
Buildings
1
Listing Agency:
Century 21 BELLORA
Listed By:
Jacob Bell · License #TN345993
(423) 762-7233
Source:
Robinsonteam
Added: Oct 15
Changed: Nov 2
Last Checked: Oct 31 at 2:14PM
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 Century 21 BELLORA
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Investment Insights
Based on property information with market context.
Completed in 2026 and never occupied, this 2,775-square-foot duplex contains two residences, each with three bedrooms and two bathrooms. Kitchens include a stove, microwave, dishwasher, and granite countertops. LVP flooring and tile-finished tub-and-shower combinations add to the interior specifications.
The property has a level yard, a covered porch, and a concrete driveway. Schools and shopping are nearby, with access to Hwy 27 and a 20-minute drive to downtown Chattanooga.
The property has a level yard, a covered porch, and a concrete driveway. Schools and shopping are nearby, with access to Hwy 27 and a 20-minute drive to downtown Chattanooga.
Key Highlights
- Newly built duplex, completed in 2026; never occupied
- 2,775 square feet with two 3‑bedroom, 2‑bathroom residences
- Each unit includes a stove, microwave, dishwasher, granite countertops, and LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,314
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,280
$466.3K
Cap Rate 7%
$333,057
$333.1K
Cap Rate 9%
$259,044
$259.0K
Market Conditions
NOI Build-Up for 2,775 SF
Gross rent
$37.6K $13.56/SF
− Vacancy
−$4.3K −$1.56/SF
EGI
$33.3K $12.00/SF
− OpEx
−$10.0K −$3.60/SF
NOI
$23.3K $8.40/SF
Area
Hamilton County, TN
Vacancy
11.49%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,280
Cap Rate 7%
$333,057
Cap Rate 9%
$259,044
Alternative Uses
Best Use
Multifamily LT 5
$333.1K
$291.4K – $388.6K
NOI $23,314 @ 7.0% cap · market cap 5.19%
Second Best
Apartment 5plus
$305.9K
$267.7K – $356.9K
NOI $21,412 @ 7.0% cap · market cap 4.77%
Theoretical Best
Healthcare Medical
$460.8K
$403.2K – $537.6K
NOI $32,257 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
Explore this area
Business Placement
Demographics for 37379, TN
28,552
Population
12,089
Households
2.4
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
106.4 sq mi
ZIP Area
268
Density / Sq Mi
$85,525
Median Household Income
$44,662
Median Earnings
$988
Median Rent
$277,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms, and a full kitchen appliance package.
Where is this duplex located?
The property is located at 142 Oakwood Drive Soddy Daisy, TN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Newly built duplex, completed in 2026; never occupied; 2,775 square feet with two 3‑bedroom, 2‑bathroom residences; Each unit includes a stove, microwave, dishwasher, granite countertops, and LVP flooring
