Duplex with Street and Alley
328 Beck Avenue Chattanooga, TN 37405
328 Beck Avenue, Chattanooga, TN, 37405
$634,998
For Sale
$634,998
MULTI_FAMILY - Chattanooga, TN
Property Size2,254 SF
Lot Size0.25 Acres
Price / SF$281.72
Days on Market47
Property Features for 328 Beck Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 6
- Parking features
- Off Street
- Fireplace
- 1
- Standard status
- Active
- APN
- 136h A 015
- Size
- 2,254 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- Lt 3 Pt 4 Blk 2 Normal Park Correct Ed Pb4 Pg41
- Tax Annual Amount
- 4401
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1896
- Number of units
- 2
Listing Agency
Keller Williams Realty
(423) 664-1600
7158 Lee Hwy, Chattanooga, TN
Listed by
Jim T Lea · License #TN296129
(423) 779-2354
Added: Jun 3 Checked: Jul 19 at 4:06 am
MLS# 1536031
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 duplex offers two separate 3-bedroom, 1-bath residences. The upper unit features three bedrooms and one full bathroom with natural light from large windows and charming architectural details throughout. The lower unit also provides three bedrooms and one full bathroom and has been updated with a newer HVAC system and windows, making it well suited for tenants or owner-occupants looking for a move-in-ready option.
The property includes both street frontage and alley access, providing flexibility for how you manage entries and parking. It is located in Chattanooga, with convenience to the area around Frazier Avenue and Northshore, and it is walkable to downtown Chattanooga via the Walnut Street Bridge.
For investors, this configuration supports renting both units, while owner-occupants can potentially live in one unit and lease the other to help offset ownership costs. The oversized lot adds outdoor space for everyday living and offers room for yard use. With street and alley access in place, the property may also appeal to buyers interested in exploring future layout or site improvements within the existing duplex framework.
The property includes both street frontage and alley access, providing flexibility for how you manage entries and parking. It is located in Chattanooga, with convenience to the area around Frazier Avenue and Northshore, and it is walkable to downtown Chattanooga via the Walnut Street Bridge.
For investors, this configuration supports renting both units, while owner-occupants can potentially live in one unit and lease the other to help offset ownership costs. The oversized lot adds outdoor space for everyday living and offers room for yard use. With street and alley access in place, the property may also appeal to buyers interested in exploring future layout or site improvements within the existing duplex framework.
Key Highlights
- Duplex with 2 units: upper unit has 3 bedrooms and 1 full bathroom; lower unit has 3 bedrooms and 1 full bathroom
- Lower unit updates include newer HVAC system and updated windows
- Year built 1896 with central air and a fireplace (FireplaceYN: true)
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 | $33.8k | $15.00 |
| − Vacancy | −$2.2k | −$0.98 |
| EGI | $31.6k | $14.03 |
| − OpEx | −$9.5k | −$4.21 |
| NOI | $22.1k | $9.82 |
2,254 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.1K
$276.6K – $368.8K
NOI $22,129 @ 7.0% cap · market cap 3.48%
Second Best
Apartment 5plus
$283.7K
$248.2K – $331.0K
NOI $19,857 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$497.8K
$435.6K – $580.8K
NOI $34,846 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two 3-bedroom, 1-bath units with updates including newer HVAC and windows, plus street frontage and alley access.
Where is this duplex located?
The property is located at 328 Beck Avenue Chattanooga, TN.
What is the asking price?
The asking price for this property is $634,998.
What are key features of this property?
This property features: Duplex with 2 units: upper unit has 3 bedrooms and 1 full bathroom; lower unit has 3 bedrooms and 1 full bathroom; Lower unit updates include newer HVAC system and updated windows; Year built 1896 with central air and a fireplace (FireplaceYN: true)
