3335 Elder Mountain Rd

4,526 Sq. Ft.
$122 / Sq. Ft.
4,526
Sq. Ft.
$122
per Sq. Ft.

Description

Location, Location, Location: Nestled in a prime location, this 4-Plex is strategically situated to captivate both residents and investors alike. Located on Elder Mountain Road, the property enjoys the perfect balance of serene surroundings and easy assess to urban amenities. Embrace the scenic beauty of the mountains while being minutes from downtown Chattanooga. This location is appealing to both young professionals and families alike. This low maintenance all brick 4 - Plex in desirable Lookout...Location, Location, Location: Nestled in a prime location, this 4-Plex is strategically situated to captivate both residents and investors alike. Located on Elder Mountain Road, the property enjoys the perfect balance of serene surroundings and easy assess to urban amenities. Embrace the scenic beauty of the mountains while being minutes from downtown Chattanooga. This location is appealing to both young professionals and families alike. This low maintenance all brick 4 - Plex in desirable Lookout Valley, has ample parking and great yard space for tenants. Each unit has 2 bedrooms and 1 and a half baths. Three of the units have been updated. Laundry hookups in each unit. Washer / dryers belong to tenants. Current rental rates are $3125/month which is well below the potential rates for the area. Three units are month to month and one expires in November 2023. Separately metered for all utilities. This investment property is perfect for a first time or seasoned investor.
  1. Listed by Lisa Brown • Keller Williams Realty
  2. Listed by Diane Patty • Keller Williams Realty

Property Details for 3335 Elder Mountain Road

Waterfront
No
LISTING UPDATED: 08/28/2024 02:30 AM

Property Details for 3335 Elder Mountain Road

StatusClosed
MLS #1376850
Days on Market5
Taxes$4,523 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1973
Lot Size0.49 AC / 21,344 SF
CountyHamilton County

Location

Listing Courtesy of Keller Williams Realty, Lisa Brown (423.432.2100); Keller Williams Realty, Diane Patty (423.504.5006)

Sold By RE/MAX Properties, David Shipley (423.544.2262)

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Building Information for 3335 Elder Mountain Road

Stories2Residences4Year Built1973Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

$3,058 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,681

Property Taxes

$377

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3335 Elder Mountain Road

Summary
Location and General Information
  • City: Chattanooga
  • County Or Parish: Hamilton
  • Directions: From downtown Chattanooga, take 1-24 W to Browns Ferry Rd exit 175, turn right. Turn left on Elder Mountain Rd, home is on the right.
  • Latitude: 35.042128
  • Longitude: -85.361176
  • Postal Code: 37419
  • State Or Province: TN
  • Subdivision Name: Kimberley Acres
Taxes and HOA
  • Tax Book Number: 9618
  • Tax Legal Description: 3304 04E 01 LOTS 1&2 KIMBERLY ACRE S PB27 PG89
  • Association Fee Frequency: Not Applicable
  • Parcel Number: 144f C 010
  • Association Fee: $0
  • Association: Yes
  • Tax Annual Amount: $4,523
  • Location Tax Legal Info : Deed Page: 935
School Information
  • Middle Or Junior School: Lookout Valley Middle
  • High School: Lookout Valley High
  • Elementary School: Lookout Valley Elementary
Parking
  • Garage: No
  • Attached Garage: No
  • Parking : Main Level: Yes
  • Parking : Off Street Parking: Yes
Property
Lot Information
  • Lot Features: Scenic View, Level
  • Lot Size Dimensions: 150X133.4
  • Lot Size Acres: 0.49
  • Lot Size Square Feet: 21344.4
  • Building Area Total: 4526.0
  • Lot Size Units: Acres
  • Living Area: 4526.0
  • Living Area Units: Square Feet
Property and Assessments
  • Location Tax Legal Info : Multi-Use: No
  • Property Details : 55 Community: No
  • Property Type Label: MultiFamily
  • Property Attached: Yes
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1973
  • Property Type: MultiFamily
  • Property Sub Type: Quadruplex
Utilities
  • WaterSewer : On Sewer: Yes
  • WaterSewer : Public Water: Yes
  • Water Source: On Sewer, Public
  • Utilities: Electricity Available, Water Available
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Brick
  • Pool Private: No
  • Community Features: None
  • Parking Features: Kitchen Level, Off Street
  • Roof: Shingle
  • Property Details : Special Needs: 0
  • Roofing : Shingle: Yes
Interior Features
  • Fireplace: No
  • Electric: Yes
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 1
  • Bathrooms Total Decimal: 0.5
  • Bathrooms Total Notational: 0.1
  • Cooling: Yes
  • Heating: Yes
  • Basement: Crawl Space
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Levels: 2 Level
  • Interior Features: Eat-in Kitchen
  • Stories: 2
  • Green Features : Central Air: Yes
  • Description : 2 Level: Yes
  • Cooling : Central: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Unit 1
  • Unit 1 : Unit #: 3335
  • Unit 1 : Bedrooms: 1
  • Unit 1 : Full Baths: 1
  • Unit 1 : Half Baths: 1
  • Unit 1 Features : Half Bath: Yes
  • Unit 1 Features : 1 Bath: Yes
  • Unit 1 Features : 2 Bedrooms: Yes
  • Unit 1 Features : Eat-In Kitchen: Yes
  • Unit 1 Features : Kitchen: Yes
  • Unit 1 Features : Laundry Hookup: Yes
  • Unit 1 Features : Living Room: Yes
  • Unit 1 Features : Oven/Range: Yes
  • Unit 1 Features : Refrigerator: Yes
Unit 2
  • Unit 2 : Unit #: 3337
  • Unit 2 : Bedrooms: 2
  • Unit 2 : Full Baths: 1
  • Unit 2 : Half Baths: 1
  • Unit 2 Features : Kitchen: Yes
  • Unit 2 Features : Half Bath: Yes
  • Unit 2 Features : 2 Bedrooms: Yes
  • Unit 2 Features : Laundry Hookup: Yes
  • Unit 2 Features : Living Room: Yes
  • Unit 2 Features : Oven/Range: Yes
  • Unit 2 Features : Refrigerator: Yes
Unit 3
  • Unit 3 : Unit #: 3339
  • Unit 3 : Bedrooms: 2
  • Unit 3 : Full Baths: 1
  • Unit 3 Features : Kitchen: Yes
  • Unit 3 Features : Half Bath: Yes
  • Unit 3 Features : 1 Bath: Yes
  • Unit 3 Features : 2 Bedrooms: Yes
  • Unit 3 Features : Eat-in Kitchen: Yes
  • Unit 3 Features : Laundry Hookup: Yes
  • Unit 3 Features : Living Room: Yes
  • Unit 3 Features : Oven/Range: Yes
  • Unit 3 Features : Refrigerator: Yes
Unit 4
  • Unit 4 : Unit #: 3339
  • Unit 4 : Bedrooms: 2
  • Unit 4 : Full Baths: 1
  • Unit 4 : Half Baths: 1
  • Unit 4 Features : Kitchen: Yes
  • Unit 4 Features : Half Bath: Yes
  • Unit 4 Features : 1 Bath: Yes
  • Unit 4 Features : 2 Bedrooms: Yes
  • Unit 4 Features : Eat-in Kitchen: Yes
  • Unit 4 Features : Laundry Hookup: Yes
  • Unit 4 Features : Living Room: Yes
  • Unit 4 Features : Oven/Range: Yes
  • Unit 4 Features : Refrigerator: Yes
Rental
Rental Information
  • Tenant Pays: All Utilities
  • Property Details : Gross Monthly Rent: $3,125.00

Property History for 3335 Elder Mountain Road

DateEvent & SourcePriceAppreciation
Aug 17, 2023

Closed

REALTRACS #2550374

$550,000—
Aug 17, 2023

Closed

Greater Chattanooga Association of REALTORS #1376850

$550,000—
Aug 17, 2023

Closed

Greater Chattanooga Association of REALTORS #1376850

$550,000—
Jul 24, 2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1376850

—
Jul 24, 2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1376850

—
Jul 24, 2023

Contract - Not Showing

REALTRACS #2550374

—
Jul 19, 2023

Listed (Active)

REALTRACS #2550374

$550,000—
Jul 19, 2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1376850

$550,000—
Jul 19, 2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1376850

$550,000—
Mar 27, 2012

Closed (Public Record)

Public Record #328225672

$195,900—
DateEvent & SourcePrice
08/17/2023

Closed

REALTRACS #2550374

$550,000
08/17/2023

Closed

Greater Chattanooga Association of REALTORS #1376850

$550,000
08/17/2023

Closed

Greater Chattanooga Association of REALTORS #1376850

$550,000
07/24/2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1376850

—
07/24/2023

Contract - Not Showing

Greater Chattanooga Association of REALTORS #1376850

—
07/24/2023

Contract - Not Showing

REALTRACS #2550374

—
07/19/2023

Listed (Active)

REALTRACS #2550374

$550,000
07/19/2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1376850

$550,000
07/19/2023

Listed (Active)

Greater Chattanooga Association of REALTORS #1376850

$550,000
03/27/2012

Closed (Public Record)

Public Record #328225672

$195,900

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

Public Records for 3335 Elder Mountain Road

Taxable ValueLand-Additions-Total-
Tax Record2025$2,226 ($186 / month)
Home Facts
Total Finished SqFt4,526 SqFtAbove Grade Finished SqFt4,526 SqFtStories2Lot Size20,010 SqFtStyleQuadraplexYear Built1973ZoningR1CountyHAMILTONAPN144F C 010

Schools near 3335 Elder Mountain Road

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

Lookout Valley Middle / High School
Public6 to 12

Howard Connect Academy
Public6 to 8

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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Listing Courtesy of Keller Williams Realty, Lisa Brown (423.432.2100); Keller Williams Realty, Diane Patty (423.504.5006)

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: 08/28/2024 02:30 AM