1845 Dana Ln Chattanooga, TN 37343
- Commercial real estate
- 4,260 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1845 Dana Ln
- Year built
- 1969
- Property size
- 4,260 SF
- Property type
- Commercial real estate
Description
This well-maintained, two-story quadplex in Hixson, Tennessee offers a compelling investment opportunity for both owner-occupants and investors. Built in 1969, the 4,260 square foot Class B multifamily property boasts four units, with one currently vacant, providing immediate potential for rental income generation or personal use. The property's location in Hamilton County, at 1845 Dana Ln, Chattanooga, TN 37343, offers convenient access to downtown Chattanooga, local amenities, schools, shopping, and major highways, making it highly attractive to tenants. The existing three occupied units provide a steady stream of rental income, while the vacant unit allows for immediate value-add potential. This owner/user investment presents a unique chance to combine personal living space with a profitable rental venture. The property is classified as an apartment building and is a turnkey investment for the house-hacking investor. Further details regarding tenant ledgers, current leases, and work orders are available upon request.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2660886
- Latitude
- 35.1277322
