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    Vacant Duplex With Two 2BR Units Title is generated by Realmo AI

    356 Tanager Circle, Chattanooga, TN 37412

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    Claim this Listing
    For Sale
    $279,300

    MULTI_FAMILY - Chattanooga, TN

    Property size:
    2,294 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $121/SF
    Added:
    Feb 7, 2026
    Days on Market:
    133
    Last Refresh:
    Jun 20 at 6:06 pm

    Property Features for 356 Tanager Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 4, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 3
    Parking features
    Driveway, On Street
    Window features
    Vinyl Frames
    Patio and Porch features
    Porch
    Appliances
    Refrigerator, Microwave, Free-Standing Electric Range
    Standard status
    Active
    APN
    170j B 025.13
    Size
    2,294 SF
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Description
    LT 45 REEVES ADDN TO MEADOW LARK HILLS S/D REV 37-295 OUT OF 170J-B-25.7 FOR 1984
    Tax Annual Amount
    2369

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1993
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Nick Miles

    Listing agent Nick Miles License #372538

    Listing office Keller Williams Realty 7158 Lee Hwy, Chattanooga, TN

    Listing date Feb 7, 2026

    MLS# 1528135 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.

    HighLights

    • Duplex built in 1993 with approximately 2,294 SF, offering 2 bedrooms and 1.5 bathrooms per unit
    • Both units are currently vacant and ready for a new owner
    • Roof replaced approximately 3 years ago; water heater replaced approximately 5 years ago
    • Public water and public sewer services
    • Electric heating with central air cooling
    • Vinyl siding exterior with shingle roof; driveway and on‑street parking; porch

    Overview

    This duplex built in 1993 contains two separate units, each offering two bedrooms and 1.5 bathrooms. With approximately 2,294 square feet total, the property is configured for comfortable everyday living with functional floorplans for each unit. Both units are currently vacant, allowing a buyer to pursue immediate occupancy, leasing, or planned improvements based on their goals.

    The property is located at 356 Tanager Circle in East Ridge, with convenient access to Downtown Chattanooga and major roadways including Brainerd Road and Shallowford Road. It also offers proximity to Hamilton Place and major employers, medical facilities, shopping, dining, and other daily conveniences. Interstate access is described as providing straightforward commuting throughout the Chattanooga area.

    For investors or owner-occupants, the ability to start from vacant units can simplify transition and reduce downtime between tenants. Documented updates include a roof replacement approximately three years ago and a water heater replacement approximately five years ago, which may support confidence in key building systems. If you are looking for a duplex with flexibility and two working layouts, this property is ready to be shown privately.

    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 $34.4k $15.00
    − Vacancy −$2.2k −$0.98
    EGI $32.2k $14.03
    − OpEx −$9.7k −$4.21
    NOI $22.5k $9.82
    2,294 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $321.7K
    $281.5K – $375.4K (±1% cap)
    NOI $22,521 @ 7.0% cap · market cap 8.06%
    Second Best
    Apartment 5plus
    $288.7K
    $252.6K – $336.8K (±1% cap)
    NOI $20,209 @ 7.0% cap · market cap 7.24%
    Theoretical Best
    Office A
    $506.6K
    $443.3K – $591.1K (±1% cap)
    NOI $35,465 @ 7.0% cap · market cap 12.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.188255
    Latitude
    34.989329

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with both units vacant, featuring two 2-bedroom layouts and updated major systems.
    Where is this duplex located?
    The property is located at 356 Tanager Circle Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $279,300.
    What are key features of this property?
    This property features: Duplex built in 1993 with approximately 2,294 SF, offering 2 bedrooms and 1.5 bathrooms per unit; Both units are currently vacant and ready for a new owner; Roof replaced approximately 3 years ago; water heater replaced approximately 5 years ago
    More about this property
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