1845 Dana Ln Chattanooga, TN 37343
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.