Property profile

1770 Thrasher Pike Middle Valley, TN 37343

OFF-MARKET
Residential income homes
Property ID
US80-0956044
4,208 SF Built 2005
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Property summary

AI-generated overview

This exceptional investment opportunity features two beautifully renovated, side-by-side townhomes located in Hixson, Tennessee, at 1770 Thrasher Pike, 37343. Each unit offers three spacious bedrooms and two and a half modern bathrooms, perfect for families or long-term renters. Recently renovated in 2024, these townhomes boast stylish finishes including new flooring, fresh paint, and contemporary fixtures, minimizing maintenance and maximizing tenant appeal. The combined square footage of both units totals 4,208 square feet. Each unit provides three parking spaces. Built in 2005, these properties are situated in a thriving community with easy access to downtown Chattanooga and nearby lakes, offering residents convenient access to dining, shopping, and recreational activities. The well-designed floor plans feature open living spaces, ample storage, and private outdoor areas. Hixson's friendly atmosphere, excellent schools, and convenient amenities make it a highly desirable location. This portfolio presents a fantastic opportunity for steady cash flow and long-term appreciation, ideal for adding to an existing portfolio or beginning an investment journey. The asking price for this multifamily, Class C property is $678,000.

Property profile

Verified
Property type Residential income homes
Year built 2005
Total area 4,208 SF
UPID US80-0956044

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1770 Thrasher Pike Middle Valley, TN 37343
Middle Valley metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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