Single-Level
6270 Teletha Lane Chattanooga, TN 37415
New
6270 Teletha Lane, Chattanooga, TN, 37415
$310,000
For Sale
$310,000
MULTI_FAMILY - Ranch - Chattanooga, TN
Property Size1,680 SF
Lot Size0.27 Acres
Price / SF$184.52
Days on Market1
Property Features for 6270 Teletha Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 3, Basement, Bedroom 4, Bathroom 2, Bedroom 2
- Patio and Porch features
- Porch, Deck
- Interior features
- Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Storage, Tub/shower Combo
- Exterior features
- Fire Pit, Private Yard
- Basement
- Unfinished
- Appliances
- Microwave, Electric Range
- Standard status
- Active
- APN
- 090d A 021
- Size
- 1,680 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Description
- Lot 18 Golden Oaks Estates Pb 27 Pg 212
- Tax Annual Amount
- 1415
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Tile
- Building materials
- Frame
- Architectural style
- Ranch
- Additional Structures
- Storage
Listing agency
Keller Williams Realty
(423) 664-1600
Listed by
Lori Montieth · License #TN310349
(423) 664-1600
Added: Jul 22 Checked: Jul 22 at 10:06PM
MLS# 1539213
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 turnkey single-level duplex offers two units with refrigerator in each and no carpet throughout. One unit includes a washer and dryer, supporting immediate move-in or rental readiness. The property is set on a 0.27-acre lot and provides a spacious basement for storage, with the basement professionally encapsulated and equipped with a commercial-grade sump pump and dehumidifier.
Major mechanical updates have already been completed. HVAC has been updated on both units, including a brand-new HVAC system on the left side in 2026 and rebuilt air handlers with new ductwork on both sides in recent years. Outdoor improvements include a large deck rebuilt approximately six years ago, along with an extended parking pad, sidewalk, privacy fence, and updated porch railings.
The duplex is listed as county taxes only (no city taxes) and is described as conveniently located just minutes from shopping, restaurants, and everyday amenities. The arrangement supports owner-occupancy with rental income potential through renting the other side.
Major mechanical updates have already been completed. HVAC has been updated on both units, including a brand-new HVAC system on the left side in 2026 and rebuilt air handlers with new ductwork on both sides in recent years. Outdoor improvements include a large deck rebuilt approximately six years ago, along with an extended parking pad, sidewalk, privacy fence, and updated porch railings.
The duplex is listed as county taxes only (no city taxes) and is described as conveniently located just minutes from shopping, restaurants, and everyday amenities. The arrangement supports owner-occupancy with rental income potential through renting the other side.
Key Highlights
- Single‑level duplex on a 1/4‑acre lot with a spacious basement for storage
- No‑carpet units with laminate and tile flooring; eat‑in kitchen with breakfast bar and ceiling fans
- Mechanical updates include HVAC work on both units, including a brand‑new HVAC system on the left side in 2026
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 | $25.2k | $15.00 |
| − Vacancy | −$1.6k | −$0.98 |
| EGI | $23.6k | $14.03 |
| − OpEx | −$7.1k | −$4.21 |
| NOI | $16.5k | $9.82 |
1,680 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$235.6K
$206.2K – $274.9K
NOI $16,493 @ 7.0% cap · market cap 5.32%
Second Best
Apartment 5plus
$211.4K
$185.0K – $246.7K
NOI $14,800 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$371.0K
$324.7K – $432.9K
NOI $25,973 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey ranch-style duplex with updated HVAC, no-carpet units, and in-unit laundry in one side.
Where is this duplex located?
The property is located at 6270 Teletha Lane Chattanooga, TN.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Single‑level duplex on a 1/4‑acre lot with a spacious basement for storage; No‑carpet units with laminate and tile flooring; eat‑in kitchen with breakfast bar and ceiling fans; Mechanical updates include HVAC work on both units, including a brand‑new HVAC system on the left side in 2026
