Brick Duplex with Off-Street
7157 Holland Lane, Chattanooga, TN 37421
For Sale
$428,900
Residential Income, Chattanooga, TN
Property Size3,368 SF
Lot Size0.52 Acres
Price / SF$127.35
Days on Market54
Property Features for 7157 Holland Lane
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Window features
Patio and Porch features
Interior features
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Keller Williams Realty
(423) 664-1600
Listed By:
Ed Hanlon · License TN #373536
(949) 233-4112
Added: Sep 17
Changed: Nov 5
Last Checked: Nov 9 at 7:06PM
MLS# 1542998
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 3,368-square-foot duplex, built in 1971, contains two separate residential units with private entrances and off-street parking. The property sits on 0.52 acres and features brick construction, contemporary styling, vinyl and carpet flooring, central heating, and central air. Interior features include eat-in kitchens, en suite bathrooms, tub/shower combinations, refrigerators, electric ranges, and dishwashers.
Outdoor improvements include decks and porches, while public water and public sewer serve the property. The address is 7157 Holland Lane in Chattanooga, Tennessee, within ZIP Code 37421. A shingle roof and driveway parking complete the existing site and building improvements.
Outdoor improvements include decks and porches, while public water and public sewer serve the property. The address is 7157 Holland Lane in Chattanooga, Tennessee, within ZIP Code 37421. A shingle roof and driveway parking complete the existing site and building improvements.
Key Highlights
- Two‑unit duplex totaling 3,368 square feet
- 0.52‑acre lot at 7157 Holland Lane
- Private entrances and off‑street parking for the units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,065
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,300
$661.3K
Cap Rate 7%
$472,357
$472.4K
Cap Rate 9%
$367,389
$367.4K
Market Conditions
NOI Build-Up for 3,368 SF
Gross rent
$50.5K $15.00/SF
− Vacancy
−$3.3K −$0.98/SF
EGI
$47.2K $14.03/SF
− OpEx
−$14.2K −$4.21/SF
NOI
$33.1K $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%
$661,300
Cap Rate 7%
$472,357
Cap Rate 9%
$367,389
Alternative Uses
Best Use
Multifamily LT 5
$472.4K
$413.3K – $551.1K
NOI $33,065 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$423.9K
$370.9K – $494.5K
NOI $29,671 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$743.8K
$650.9K – $867.8K
NOI $52,069 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
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Business Placement
Demographics for 37421, TN
51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Chattanooga, TN
Properties on Market for Duplexes in Chattanooga
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with private entrances, separate parking, and practical interior amenities.
Where is this duplex located?
The property is located at 7157 Holland Lane Chattanooga, TN.
What is the asking price?
The asking price for this property is $428,900.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,368 square feet; 0.52‑acre lot at 7157 Holland Lane; Private entrances and off‑street parking for the units
