Beds
Baths
1,680 Sq. Ft.
$52 / Sq. Ft.
1,680
Sq. Ft.
$52
per Sq. Ft.

Description

Phenomenal income-producing property convenient to East Brainerd and zoned for superb schools. High-demand location guarantees excellent property value appreciation and abundant tenant demand with virtually no vacancies. Duplex with 2 bedroom, 1 bath units. Brick exterior and slab construction promise exceptionally low maintenance. Tastefully updated interior: tiled kitchen floors, floor-ceiling tile in bathrooms, clean carpets, fresh paint, chair rail molding, spacious countertops with wall of extensive...Phenomenal income-producing property convenient to East Brainerd and zoned for superb schools. High-demand location guarantees excellent property value appreciation and abundant tenant demand with virtually no vacancies. Duplex with 2 bedroom, 1 bath units. Brick exterior and slab construction promise exceptionally low maintenance. Tastefully updated interior: tiled kitchen floors, floor-ceiling tile in bathrooms, clean carpets, fresh paint, chair rail molding, spacious countertops with wall of extensive cabinets in kitchen. Own the most coveted units in this income-producing neighborhoodthey are every tenant's dream! Charge the same monthly rate as the lesser maintained units and capture 15.27% Return On Investment ($980 GMI). Or charge an easily justified premium and capture 19.48% ROI
  1. Listed by Jim Lea • Keller Williams Realty

Property Details for 1627 Duke Lane

Waterfront
No
LISTING CLOSED: 02/22/2008 12:00 AM

Property Details for 1627 Duke Lane

StatusClosed
MLS #1083994
Days on Market311
Pet Policy-
Taxes$508 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential Income / Duplex
Year Built1973
CountyHamilton County

Location

Listing Courtesy of Keller Williams Realty, Jim Lea (423.802.0066)

Sold By Coldwell Banker Pryor Realty, Narender Makhijani (423.894.6762)

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Building Information for 1627 Duke Lane

Building/Complex1627 Duke LnFloor-Stories1Residences2Pet Policy-Pet Policy Details-Year Built1973Building Size-

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$485 per month

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Principal and Interest

$442

Property Taxes

$42

HOA Dues

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Property Information for 1627 Duke Lane

Summary
Location and General Information
  • City: Chattanooga
  • County Or Parish: Hamilton
  • Directions: East on E. Brainerd Road. Left on Hamlet. Right Lancer. Right Duke. Property on right.
  • Latitude: 35.004264
  • Longitude: -85.114741
  • Postal Code: 37421
  • State Or Province: TN
  • Subdivision Name: Hamlet Villa
Taxes and HOA
  • Tax Legal Description: Lot 2 Hamlet Villa Pb26 Pg42 Rev 49-236 PU3837
  • Parcel Number: 159M E 031
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $508
School Information
  • Middle Or Junior School: Ooltewah Middle
  • High School: Ooltewah
  • Elementary School: Westview Elementary
Parking
  • Garage: No
  • Attached Garage: No
Property
Lot Information
  • Lot Features: Gentle Sloping
  • Lot Size Dimensions: 110X153
  • Lot Size Acres: 0.39
  • Lot Size Square Feet: 16988.4
  • Building Area Total: 1680.0
  • Lot Size Units: Acres
  • Living Area: 1680.0
Property and Assessments
  • Property Type Label: Residential Income
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1973
  • Property Type: Residential Income
  • Property Sub Type: Duplex
Utilities
  • WaterSewer : Septic Tank: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Other
  • Parking Features: Off Street
  • Roof: Shingle
  • Roofing : Shingle: Yes
Interior Features
  • Fireplace: No
  • Electric: Yes
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • Foundation Details: Slab
  • Cooling: Central Air, Electric, Multi Units
  • Heating: Central, Electric, Multi Units
  • Levels: One
  • Interior Features: Eat-in Kitchen, Storage
  • Stories: 1
  • Green Features : Central Air: Yes
  • Cooling : Central: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit 1
  • Unit 1 Features : Refrigerator: Yes
Unit 3
  • Unit 3 : Bedrooms: 2
  • Unit 3 Features : Living Room: Yes
Unit 4
  • Unit 4 : Bedrooms: 2
  • Unit 4 Features : Eat-in Kitchen: Yes
  • Unit 4 Features : Living Room: Yes
  • Unit 4 Features : Storage: Yes
Rental
Rental Information
  • Tenant Pays: Electricity, Water

Property History for 1627 Duke Lane

DateEvent & SourcePriceAppreciation
Feb 22, 2008

Closed

Greater Chattanooga Association of REALTORS #1083994

$87,000
Jul 18, 2007

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1083994

Mar 27, 2007

Listed (Active)

Greater Chattanooga Association of REALTORS #1083994

$99,700
DateEvent & SourcePrice
02/22/2008

Closed

Greater Chattanooga Association of REALTORS #1083994

$87,000
07/18/2007

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1083994

03/27/2007

Listed (Active)

Greater Chattanooga Association of REALTORS #1083994

$99,700

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

Schools near 1627 Duke Lane

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 - K to 12
Rating
School
Distance
Westview Elementary School
PublicPK to 5

East Hamilton Middle School
Public6 to 8

East Hamilton School
Public9 to 12

Hamilton County Virtual School
PublicK 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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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 Keller Williams Realty, Jim Lea (423.802.0066)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 12/14/2024 03:07 AM