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Property profile & analytics
OFF-MARKET
Commercial real estate

1845 Dana Ln Chattanooga, TN 37343

4,260 SF Built 1969
Property ID
US80-0991386
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1969
Total area 4,260 SF
UPID US80-0991386
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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