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Remodeled Duplex with Private Entrances

541 Cedar Glen Circle Chattanooga, TN 37412

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541 Cedar Glen Circle, Chattanooga, TN, 37412
$380,000
For Sale
Claim this Listing
$380,000

MULTI_FAMILY - Ranch - Chattanooga, TN

Property Size2,372 SF
Lot Size0.31 Acres
Price / SF$160.20
AddedJul 14
Days on Market2
Last RefreshJul 15 at 10:06 am

Property Features for 541 Cedar Glen Circle

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 2, Bedroom 5
Parking features
Off Street
Patio and Porch features
Deck, Patio
Interior features
Eat-in Kitchen, Granite Counters, Storage
Exterior features
Private Entrance
Basement
Crawl Space
Appliances
Water Heater, Refrigerator, Electric Water Heater, Electric Range, Dishwasher
Standard status
Active
APN
170b A 058
Size
2,372 SF
Lot size
0.31 Acres

Taxes and HOA fees

Tax Description
LOT 1 CEDAR GLEN ESTATES UNIT 2 30- 380 OUT OF 170B-A-2 FOR 1981
Tax Annual Amount
2831

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1977
Floors in Building
1
Number of units
2
Flooring type
Tile, Vinyl
Building materials
Stone
Roof type
Shingle
Architectural style
Ranch
Additional Structures
Storage

Listing agent Kidist Asay License #TN358452

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

Listing date Jul 14, 2026

MLS# 1538728 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 fully occupied duplex offers two separate units with private entrances and their own porch. Unit 1 is a 3-bedroom, 2-bath home that was fully remodeled about three years ago, with tile flooring, granite countertops, and an HVAC system installed less than one year ago. Unit 2 is a 2-bedroom, 2-bath unit with updates including new flooring throughout, an updated master bath, and a new water heater; its HVAC is approximately 2–3 years old. The property also shares a roof that was installed about two years ago.

The duplex is located at 541 Cedar Glen Circle in Chattanooga, TN 37412 (Hamilton County).

With two independently accessed units and recent major components, the property is positioned for steady rental performance.

Key Highlights

  • Cash‑flowing duplex with 2,468 SF total and both units fully occupied
  • Unit 1: 3BR/2BA fully remodeled about 3 years ago; granite counters, tile flooring, and HVAC less than 1 year old
  • Unit 2: 2BR/2BA updated with new flooring, updated master bath, and new water heater; HVAC 2–3 years old

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 $35.6k $15.00
− Vacancy −$2.3k −$0.98
EGI $33.3k $14.03
− OpEx −$10.0k −$4.21
NOI $23.3k $9.82
2,372 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$332.7K
$291.1K – $388.1K (±1% cap)
NOI $23,287 @ 7.0% cap · market cap 6.13%
Second Best
Apartment 5plus
$298.5K
$261.2K – $348.3K (±1% cap)
NOI $20,897 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$523.9K
$458.4K – $611.2K (±1% cap)
NOI $36,671 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office HVAC Service Electrical Service Plumbing Service Auto Parts Store Pharmacy Building Supply Locksmith

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

FAQs

What type of property is this?
Duplex - Fully occupied duplex with private entrances, individual porches, updated interiors, and a roof installed about two years ago.
Where is this duplex located?
The property is located at 541 Cedar Glen Circle Chattanooga, TN.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Cash‑flowing duplex with 2,468 SF total and both units fully occupied; Unit 1: 3BR/2BA fully remodeled about 3 years ago; granite counters, tile flooring, and HVAC less than 1 year old; Unit 2: 2BR/2BA updated with new flooring, updated master bath, and new water heater; HVAC 2–3 years old
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