Last Sold Price
11 beds4 baths3,900 sqft$89/sqft
1343 Highland Rd, Chattanooga, TN 37415

Description

Amazing opportunity for 2 investment properties in the Chattanooga area. Included are 2 triplex units side by side for a total of 6 units. Total price for both units is $650,000. Both buildings must be sold together. Breakdown of all units: 3bedrooms /2 baths x2 3bedrooms /1.5 x2 2bedrooms / 1.5x2 All units have been updated over the years when tenants vacate. Each unit is large with a LR, dining room combo, spacious kitchen & laundry room, plus ample storage space in all units. All renovated with...Amazing opportunity for 2 investment properties in the Chattanooga area. Included are 2 triplex units side by side for a total of 6 units. Total price for both units is $650,000. Both buildings must be sold together. Breakdown of all units: 3bedrooms /2 baths x2 3bedrooms /1.5 x2 2bedrooms / 1.5x2 All units have been updated over the years when tenants vacate. Each unit is large with a LR, dining room combo, spacious kitchen & laundry room, plus ample storage space in all units. All renovated with LVP flooring ,fresh paint and new decks, new kitchen/bath flooring, lighting, sinks, etc. All units have HVAC. All units are metered separate. Conveniently located near a Walmart shopping center. Check out the potential for this piece of real estate. All Units Annually $56,700.00 Cap Rate 6.51 Rents are below market.
LISTING CLOSED: 08/05/2022 01:00 AM

  1. Listed by Kimberly Wolf • Greater Downtown Realty dba Keller Williams Realty
    P: (423) 240-4273 C: (423) 240-4273 kwolf@realtracs.com

Property Details for 1343 Highland Road

Status
MLS #
2425136
Days on Market
5
Taxes
$4,846 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income
Year Built
1980
Lot Size
-
Subdivision Name
Highland Hills
Waterfront
No

Location

Listing Courtesy of Greater Downtown Realty dba Keller Williams Realty, Kimberly Wolf (423.240.4273)

Sold By Happy Home Realty, Karen M Rhodes

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Building Information for 1343 Highland Road

Stories1Residences3Year Built1980Building Size-Lot Size-

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$2,170 per month

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$1,766

Property Taxes

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Property Information for 1343 Highland Road

Summary
Location and General Information
  • Directions: Hixson Pike North right on Ashland Terrace right in Highland Rd buildings on Right.
  • Elementary School: DuPont Elementary School
  • High School: Hixson High School
  • Levels: Three Or More
  • Living Area Units: Square Feet
  • Middle Or Junior School: Hixson Middle School
  • Mlg Can View: Yes
Parking
  • Parking Features: Detached
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Units: Square Feet
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 109M C 021.02
  • Structure Type: Triplex
Property and Assessments
  • Construction Materials: Stone, Other, Brick
  • Documents Count: 4
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Fireplace: No
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Other
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Actual Rent: $750.00
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
Rental Information
Rental Information
  • Total Actual Rent: $750

Property History for 1343 Highland Road

DateEvent & SourcePriceAppreciation
Aug 5, 2022

Closed

REALTRACS #2425136

$347,500
Aug 4, 2022

Closed (Public Record)

Public Record #1495161480

$695,000

+15.3% / yr

Jul 18, 2022

Contract - Not Showing

REALTRACS #2425136

DateEvent & SourcePrice
08/05/2022

Closed

REALTRACS #2425136

$347,500
08/04/2022

Closed (Public Record)

Public Record #1495161480

$695,000

+15.3% / yr

07/18/2022

Contract - Not Showing

REALTRACS #2425136

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1343 Highland Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,095 ($175 / month)
Home Facts
Total Finished SqFt3,900 SqFtAbove Grade Finished SqFt3,900 SqFtStories2Lot Size30,530 SqFtStyleTriplexYear Built1980CountyHAMILTONAPN109M C 021.02

Schools near 1343 Highland Road

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Dupont Elementary School
PublicPK to 5

Red Bank Middle School
Public6 to 8

Red Bank High School
Public9 to 12

STEM School Chattanooga
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1343 Highland Road, Chattanooga, TN 37415
$347,500
11
4
3,900
$347,500
8
3,900
215,142
$117,000
8
0
$347,500
8
3,900
0
$347,500
10
4
3,900
$365,000
4
2,320
34,848

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Greater Downtown Realty dba Keller Williams Realty, Kimberly Wolf (423.240.4273)

Based on information submitted to the MLS GRID as of 12/14/2024 03:36 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.