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Duplex with Remodeled Unit

4729 Rogers Road, Chattanooga, TN 37411

For Sale
$254,900
Pending

Residential Income, Chattanooga, TN

Property Size1,989 SF
Lot Size0.23 Acres
Days on Market96

Property Features for 4729 Rogers Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3
Parking features Off Street, Driveway
Window features Aluminum Frames
Interior features Eat-in Kitchen, Tub/shower Combo
Exterior features Storage
Appliances Refrigerator, Exhaust Fan, Electric Range, Dishwasher
Elementary school Woodmore Elementary
Middle school Dalewood Middle
High school Brainerd High
Subdivision Chattanooga
Standard status Pending
APN 157c B 031
Size 1,989 SF
Lot size 0.23 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description Lt 10 Pt 11 Blk 8 Forest Place Pb 8 Pg 14
Tax Annual Amount 3093
Legal Description Lt 10 Pt 11 Blk 8 Forest Place Pb 8 Pg 14

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Ductless (Heating), Radiant Ceiling, Radiant, Ceiling
Cooling system Ductless, Electric, Window Unit(s)
Water source Public

Building Details

Year built 1960
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Brick
Roof type Shingle
Additional Structures Storage
Buildings 1
Listing Agency: Zach Taylor - Chattanooga
Listed By: Eddie Bodkin · License TN #331596
Added: Aug 6 Changed: Oct 30 Last Checked: Nov 9 at 10:06PM
MLS# 1540312

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.

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Investment Insights

Based on property information with market context.

This duplex at 4729 Rogers Road in Chattanooga contains 1,989 square feet on a 0.23-acre lot. Both units offer two bedrooms and one bathroom. The vacant left unit has updated cabinets, granite countertops, a dishwasher, electric range, mini-split heating and cooling, new doors and trim, LVP flooring, a vanity, and fresh paint. The right unit also has mini-split heating and cooling and is currently rented.

Built in 1960, the property features brick construction, a shingle roof, vinyl flooring, storage space, driveway and off-street parking, public water, and public sewer. Interior features include eat-in kitchens and tub/shower combinations, while listed appliances include refrigerators, exhaust fans, electric ranges, and dishwashers.

Key Highlights

  • Two‑unit duplex with both residences offering 2 bedrooms and 1 bathroom
  • 1,989 square feet on a 0.23‑acre lot
  • Left unit remodeled with granite counters, LVP flooring, updated fixtures, and mini‑split HVAC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,527
Cap Rate
7.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,540 $390.5K
Cap Rate 7%
$278,957 $279.0K
Cap Rate 9%
$216,967 $217.0K
Market Conditions
NOI Build-Up for 1,989 SF
Gross rent
$29.8K $15.00/SF
− Vacancy
−$1.9K −$0.98/SF
EGI
$27.9K $14.03/SF
− OpEx
−$8.4K −$4.21/SF
NOI
$19.5K $9.82/SF
Area
Chattanooga, TN
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,540
Cap Rate 7%
$278,957
Cap Rate 9%
$216,967

Alternative Uses

Best Use
Multifamily LT 5
$279.0K
$244.1K – $325.5K (±1% cap)
NOI $19,527 @ 7.0% cap · market cap 7.66%
Second Best
Apartment 5plus
$250.3K
$219.0K – $292.0K (±1% cap)
NOI $17,522 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$439.3K
$384.4K – $512.5K (±1% cap)
NOI $30,750 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 37411, TN

17,499
Population
8,807
Households
2
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
2,397
Density / Sq Mi
$50,180
Median Household Income
$34,045
Median Earnings
$1,031
Median Rent
$216,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Chattanooga, TN

$164 Jul
$169 Aug
$182 Sep
$172 Oct

Properties on Market for Duplexes in Chattanooga

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One unit has been remodeled and is currently vacant for showings.
Where is this duplex located?
The property is located at 4729 Rogers Road Chattanooga, TN.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Two‑unit duplex with both residences offering 2 bedrooms and 1 bathroom; 1,989 square feet on a 0.23‑acre lot; Left unit remodeled with granite counters, LVP flooring, updated fixtures, and mini‑split HVAC
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