1400 Duncan Ave Chattanooga, TN 37404
Sponsored
Description
- Added:
- Dec 11, 2024
- Days on Market:
- 398
Property Features for 1400 Duncan Ave
General Information
- Property type
- Multifamily properties
- Square Feet
- 12,872 SF
Building Details
- Year Built/Renovated
- 1935/18
- Buildings
- 1
- Stories
- 2
- Units
- 7
HighLights
- Seven‑unit multifamily portfolio in desirable Highland Park, Chattanooga, TN.
- 100% occupancy (as of October 11, 2024), strong NOI of $72,540, and 6.00% cap rate.
- 12,872 total square feet, 4,550 square feet net rentable space, priced at $240/SF; individual unit price: $171,429.
- Two‑story building (1935 construction, renovated 2006) on a 14,343.75 SF lot with three parking spaces; commercial zoning.
- Located near UTC, Chattanooga Zoo, and other attractions; $130 monthly maintenance fee (includes building insurance); APN 146J J 008 C001.
- Owner‑user opportunity, no ground lease.
Property Profile
Location Intelligence
Current Use by Public Records
Residential income homes
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.282079427586
- Latitude
- 35.037363482493
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - 7-Unit Chattanooga Multifamily Investment
Where is this multifamily property located?
The property is located at 1400 Duncan Ave Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Seven-unit multifamily portfolio in desirable Highland Park, Chattanooga, TN.; 100% occupancy (as of October 11, 2024), strong NOI of $72,540, and 6.00% cap rate.; 12,872 total square feet, 4,550 square feet net rentable space, priced at $240/SF; individual unit price: $171,429.
