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Three-Unit Triplex with Deck
For Sale
$369,000

2601 W Valley Road, Dunlap, TN 37327

MULTI_FAMILY - Dunlap, TN

Property Size6,227 SF
Lot Size1.00 Acre
Price / SF$59.26
Days on Market233

Property Features for 2601 W Valley Road

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 9
Bathrooms 5
Full bathrooms 6
Rooms Bedroom 6, Bedroom 2, Bathroom 5, Bathroom 6, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 8, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 9, Bedroom 4
Parking features Parking Lot
Patio and Porch features Deck
Interior features Eat-in Kitchen, Pantry, Plumbed
Lot features Level
Elementary school Griffith Elementary School
Middle school Sequatchie Middle
High school Sequatchie High
Directions From Dunlap take Highway 28 south 1.91 miles. Turn Right onto Daus Community Center Road. then turn right onto W. Valley Road. Property is on the Left. Sign on Property
Standard status Active
APN 063 053.00
Size 6,227 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Description Map/Parcel 063 053.00
Tax Annual Amount 2050
Legal Description Map/Parcel 063 053.00

Utilities

Utilities Water Available
Sewer type Septic Tank
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Well

Building Details

Year built 1955
Floors in Building 1
Number of units 3
Building materials Aluminum Siding
Roof type Shingle
Additional Structures Mobile Home
Listing Agency: Heartland Realty & Auction, In
Listed By: Jerry Kriss McGowan · License #TN360744
Added: Dec 12, 2025 Changed: Aug 1 Last Checked: Aug 2 at 12:06PM
MLS# 1525179

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 three-unit triplex offers oversized three-bedroom, one-bath homes, with three units totaling 6,227 SF. The property sits on a paved 1-acre lot. One unit is currently leased, and two units are vacant and ready for lease-up.

Built in 1955, the property features aluminum siding and a shingle roof. Heating is central electric, with central air cooling powered by electric. The triplex includes a deck and a parking lot. Water service is provided via a well, and the sewer system is a septic tank.

Interiors include an eat-in kitchen, pantry, and plumbed features. With three separate units and substantial bedroom layouts, the property can support an investor’s rental strategy for both stabilized occupancy and near-term leasing.

Key Highlights

  • Three‑unit triplex totaling 6,227 SF
  • Paved 1‑acre lot
  • One unit leased; two units vacant for immediate lease‑up

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Plumbing Service Garden Center Furniture & Home Goods Big Box & Wholesale Store Kitchen & Bath Showroom Auto Repair Shop

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 37327, TN

12,412
Population
5,319
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
81%
High-School Grad
191.4 sq mi
ZIP Area
65
Density / Sq Mi
$51,862
Median Household Income
$28,990
Median Earnings
$843
Median Rent
$217,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Three-unit triplex on a paved 1-acre lot with central electric HVAC, well water, septic service, and a deck.
Where is this triplex located?
The property is located at 2601 W Valley Road Dunlap, TN.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Three‑unit triplex totaling 6,227 SF; Paved 1‑acre lot; One unit leased; two units vacant for immediate lease‑up
More about this property
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