1754 Ocoee Street, Chattanooga, TN 37406
MULTI_FAMILY - Chattanooga, TN
- Added:
- Jul 3, 2026
- Days on Market:
- 1
- Last Refresh:
- Jul 3 at 2:06 pm
Property Features for 1754 Ocoee Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 4, Basement, Bedroom 6, Bathroom 3, Bedroom 5
- Parking features
- Off Street
- Window features
- Insulated Windows
- Patio and Porch features
- Patio, Deck
- Interior features
- Eat-in Kitchen, Open Floorplan
- Exterior features
- Storage
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 136k D 015
- Size
- 2,100 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- LOT 141 PEYERS ADDN AMENDED PB 4 PG 24
- Tax Annual Amount
- 2977
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2003
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Aluminum Siding
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Corey Ballew License #332263 (423) 529-0696
Listing office REAL Broker 7121 Regal Ln Ste 215, Knoxville, TN (844) 591-7325
Listing date Jul 3, 2026
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.
HighLights
- Updated duplex built in 2003 with two spacious 3‑bedroom units
- Each unit offers 3 bedrooms, 1.5 bathrooms, and over 1,000 sq ft of living space
- Major renovation completed in late 2022
- Separate electric meters plus central heating and central air conditioning for each unit
- Open floorplan with eat‑in kitchen; storage and off‑street parking
- Patio and deck, with public water and public sewer
Overview
The property is located at 1754 Ocoee Street in Chattanooga, TN 37406 (Hamilton County). The lot size is listed at 0.17 acres, with a total property size of 2,100 square feet. Both units are currently vacant, which may simplify showings and allow an owner to move forward without waiting for tenancy in place.
As a for-sale residential income property, this configuration can fit multiple buyer strategies, including an investor seeking rental-ready space on both sides or an owner-occupant looking to house-hack by living in one unit while renting the other. With central heating and air per unit and separate electric meters, the setup is built for independent utility management between tenants.
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 | $31.5k | $15.00 |
| − Vacancy | −$2.0k | −$0.98 |
| EGI | $29.5k | $14.03 |
| − OpEx | −$8.8k | −$4.21 |
| NOI | $20.6k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.265584
- Latitude
- 35.057709
