356 Tanager Circle, Chattanooga, TN 37412
MULTI_FAMILY - Chattanooga, TN
- Added:
- Feb 7, 2026
- Days on Market:
- 123
- Last Refresh:
- Jun 10 at 9:06 am
Property Features for 356 Tanager Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bathroom 4, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
- 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
- Electric, Central Air
- 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
Listing agent Nick Miles License #372538 (256) 490-9246
Listing office Keller Williams Realty 7158 Lee Hwy, Chattanooga, TN (423) 664-1600
Listing date Feb 7, 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
- Duplex built in 1993 with approx. 2,294 SF; two units, each with 2 bedrooms and 1.5 bathrooms
- Both units are vacant and ready for new occupancy, leasing, or future updates
- Roof replaced approx. 3 years ago and water heater replaced approx. 5 years ago
- Public water and public sewer
- Electric HVAC with central air; appliances include refrigerator, microwave, and free‑standing electric range
- Parking includes driveway plus on‑street parking; includes a porch
Overview
Located in East Ridge (Chattanooga), the address provides convenient access to Downtown Chattanooga and key area corridors including Brainerd Road and Shallowford Road. It also offers proximity to Hamilton Place, major employers, medical facilities, shopping, dining, and other daily conveniences. The remarks also note easy interstate access for commuting throughout the Chattanooga area.
For buyers seeking a residential income property, the vacant status of both units can support an owner’s plan to lease immediately, occupy one unit, or pursue future improvements. Notable updates include a roof replaced approximately three years ago and a water heater replaced approximately five years ago, addressing two key building systems. With a duplex structure and two mirrored living units, the property offers straightforward management and use options aligned with both investor and owner-occupant goals.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.188255
- Latitude
- 34.989329
