Brick Duplex with Updated
For Sale
$295,000
5024 Brogden Trl, Chattanooga, TN 37405
Fully leased two-unit property with durable masonry construction and recent HVAC and water-heater replacements.
Property Size1,435 SF
Price / SF$205.57
Days on Market57
Property Features for 5024 Brogden Trl
General Information
Standard status
Active
Size
1,435 SF
Property subtype
Residential Income
Occupancy
100%
Site & Location
Neighborhood
Washington Hills Neighborhood Association
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Additional Details
Average Monthly Rent
$1,260
Taxes and HOA fees
Annual Taxes
$3,704
Building Details
Buildings
1
Construction
brick
Listing Agency:
Keller Williams Realty
(423) 664-1600
Listed By:
Anita Askew Brogden · License #TN369320
(404) 429-7340
Source:
Exprealty
Added: Sep 4
Changed: Oct 25
Last Checked: Oct 28 at 9:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
This two-unit duplex at 5024 Brogden Trl in Chattanooga offers a 2-bedroom, 1.5-bath layout on each side, with both residences currently occupied under leases extending through July 2027. The four-sides-brick construction provides a durable exterior, while HVAC systems were replaced in October 2024 and water heaters were replaced in July 2025. The property measures 1,435 square feet.
The property provides access to Hwy 153, Hixson, Northgate, Hamilton Place and Gunbarrel, and downtown Chattanooga. Major employment destinations identified nearby include Volkswagen Chattanooga, Amazon Fulfillment Center and McKee Foods, with stated drive times of approximately 10–15 minutes. Chickamauga Dam and the Tennessee Riverwalk are also within the surrounding area.
The property provides access to Hwy 153, Hixson, Northgate, Hamilton Place and Gunbarrel, and downtown Chattanooga. Major employment destinations identified nearby include Volkswagen Chattanooga, Amazon Fulfillment Center and McKee Foods, with stated drive times of approximately 10–15 minutes. Chickamauga Dam and the Tennessee Riverwalk are also within the surrounding area.
Key Highlights
- Two‑unit duplex with both residences occupied and leased through July 2027
- Each unit includes 2 bedrooms and 1.5 baths
- Four‑sides‑brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,088
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$281,760
$281.8K
Cap Rate 7%
$201,257
$201.3K
Cap Rate 9%
$156,533
$156.5K
Market Conditions
NOI Build-Up for 1,435 SF
Gross rent
$21.5K $15.00/SF
− Vacancy
−$1.4K −$0.98/SF
EGI
$20.1K $14.03/SF
− OpEx
−$6.0K −$4.21/SF
NOI
$14.1K $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%
$281,760
Cap Rate 7%
$201,257
Cap Rate 9%
$156,533
Alternative Uses
Best Use
Multifamily LT 5
$201.3K
$176.1K – $234.8K
NOI $14,088 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$180.6K
$158.0K – $210.7K
NOI $12,642 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$316.9K
$277.3K – $369.8K
NOI $22,185 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
Demographics for 37405, TN
18,231
Population
9,959
Households
1.8
Avg Household Size
36
Median Age
53%
College-Educated
92%
High-School Grad
54.3 sq mi
ZIP Area
336
Density / Sq Mi
$77,850
Median Household Income
$51,748
Median Earnings
$1,276
Median Rent
$416,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-unit property with durable masonry construction and recent HVAC and water-heater replacements.
Where is this duplex located?
The property is located at 5024 Brogden Trl Chattanooga, TN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences occupied and leased through July 2027; Each unit includes 2 bedrooms and 1.5 baths; Four‑sides‑brick construction
