Sold
Last Sold Price
10 beds6 baths3,900 sqft$89/sqft
1345 Highland Rd, Chattanooga, TN 37415
Multi FamilyProperty Type
1980Year Built
$89/sq ftPrice per sq ft

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 $650,000.00
Buildings are sold together. Breakdown of both buildings :
3bedrooms/2baths x2
3bedrooms/1.5baths x2
2bedrooms /1.5 baths x2
All units have been updated over the years when tenants vacate. Each unit is very spacious with a living room ,dining room combo, spacious kitchen & laundry room, plus ample storage space in all units.
...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 $650,000.00
Buildings are sold together. Breakdown of both buildings :
3bedrooms/2baths x2
3bedrooms/1.5baths x2
2bedrooms /1.5 baths x2

All units have been updated over the years when tenants vacate. Each unit is very spacious with a living room ,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 mini Walmart shopping center. Check out the potential for this piece of real estate . Annual gross 56,700. Cap rate 4.6
Rents are below market.
  • Listed by: Kimberly Wolf 423.240.4273 kwolf@realtracs.com • Greater Downtown Realty dba Keller Williams Realty
Listing closed: 08/05/2022 01:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 2425138

Recent comparable sales

Median sold price

$386,000

Avg days on market

46

Sale-to-list ratio

86.6%

Chattanooga, TN

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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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Property Information for 1345 Highland Road

Property Details
  • Taxes: $4,846 / year
  • MLS Type: Residential Income
  • Subdivision Name: Highland Hills
  • Waterfront: No
Building Information
  • Stories: 3
  • Residences: 3
  • Year Built: 1980
Summary
Location and General Information
  • Directions: North on Hixson Pike right on Ashland terrace right on Highland Rd. property is the on the 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 021.01
  • Structure Type: Triplex
Property and Assessments
  • Construction Materials: Stone, Other, Brick
  • Documents Count: 4
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 3
  • Year Built Details: Existing
Utilities
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Attached Garage: No
  • Exterior Features: No Dock
  • Pool Private: No
  • Roof: Other
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Unit 1
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 4
  • Unit Type Actual Rent: $875.00
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Rental Information
Rental Information
  • Tenant Pays: Other
  • Total Actual Rent: $875

Property History for 1345 Highland Road

DateEvent & SourcePriceAppreciation
Aug 5, 2022

Closed

REALTRACS #2425138

$347,500
Jul 18, 2022

Contract - Not Showing

REALTRACS #2425138

Jul 14, 2022

Listed (Active)

REALTRACS #2425138

$325,000
DateEvent & SourcePrice
08/05/2022

Closed

REALTRACS #2425138

$347,500
07/18/2022

Contract - Not Showing

REALTRACS #2425138

07/14/2022

Listed (Active)

REALTRACS #2425138

$325,000

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

Public Records for 1345 Highland Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,095 ($175 / month)
Home Facts
Total Finished SqFt3,900 SqFtAbove Grade Finished SqFt3,900 SqFtStories2Lot Size18,176 SqFtStyleTriplexYear Built1980CountyHAMILTONAPN109M C 021.01

Schools near 1345 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: 1345 Highland Road, Chattanooga, TN 37415
$347,500
10
6
3,900
$347,500
8
3,900
0
$347,500
8
3,900
215,142
$347,500
11
6
3,900
$117,000
8
0
$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 09/11/2026 08:39 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.