2712 N Orchard Knob Avenue, Chattanooga, TN 37406
- $247,000
- 6
- BD
- 2
- BA
- 1,647
- SqFt
- List Price
- $247,000
- Status
- ACTIVE
- MLS#
- 1542951
- Subtype
- Residential Income
- Year Built
- 1998
- Bedrooms
- 6
- Bathrooms
- 2
- Living Area
- 1,647
- Lot Size
- 21,780
- Acres
- 0.50
- Subdivision
- Andersons
Property Description
Opportunity knocks with this fully occupied 3-bedroom, 1-bath duplex just minutes from the heart of downtown Chattanooga. Positioned to benefit from the city's continued expansion, this is a turnkey investment in one of the Southeast's fastest growing markets, where demand for well located rentals keeps climbing. Both units are currently leased and generating income from day one. Unit A rents for $1,075/month through March 2027, and Unit B rents for $1,095/month through June 2027, giving a new owner built in flexibility to bring rents to market as leases roll over. With Chattanooga's downtown momentum showing no signs of slowing, the long term appreciation potential here is hard to overstate. The property has been thoughtfully maintained and updated. Unit A recently received a fresh remodel featuring new paint, new flooring and subflooring, and a new vanity. Unit B's water heater was replaced in 2019, and the roof is only 10 years old. Behind the scenes, a newer sump pump, French drain, and newer sewer line deliver real peace of mind and protect your investment for years to come. Whether you are expanding a rental portfolio or buying your first income property, this duplex offers immediate cash flow, low maintenance updates, and a location tied directly to Chattanooga's growth story. Property is fully occupied. Please do not disturb the tenants.
Additional Information
- Taxes
- $3,204
- Appliances
- Electric Range, Refrigerator
- Heating
- Central
- Air Conditioning
- Central Air
- Exterior Features
- Other
- Levels
- One
- Roof
- Shingle
- Parking Features
- Off Street
- Elementary School
- Hardy Elementary
- Middle School
- Orchard Knob Middle
- High School
- Brainerd High
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Listing courtesy of Keller Williams Realty.