1816 Dodds AVE, Chattanooga, TN 37404
1816 Dodds AVE, Chattanooga, TN 37404
1816 Dodds AVE, Chattanooga, TN 37404
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$285,000
Est. payment /mo
3 Beds
3 Baths
1,805 SqFt
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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,805 sqft

Price per Sqft $157

Subdivision Higgins

MLS Listing ID 1543749

Bedrooms 3

Year Built 1930

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 45X132

Property Sub-Type Triplex

Source Greater Chattanooga REALTORS®

Property Description

Add a fully occupied, income-producing triplex to your portfolio! All three units are currently rented, generating a combined $2,842 per month, making this a strong opportunity for investors looking for an established multifamily property in Chattanooga.

Recent improvements include a new roof, new gutters & downspout system, repaired fascia & soffit, and new window heating & cooling units added in each unit. The retaining wall at the rear of the property has also been replaced and the yard has been cleaned up and improved.

Unit A has undergone additional renovations to meet Section 8 requirements, including drywall repairs, full interior paint, new luxury vinyl plank flooring, a new refrigerator, new oven/range, and additional updates throughout.

With three occupied units, $2,842 in total monthly rent, and several major property improvements already completed, this triplex offers investors the opportunity to acquire an established rental property with income from day one. Conveniently located on Dodds Avenue with access to downtown Chattanooga and surrounding areas, this property is ready for its next owner!

*Do not disturb the tenants*

Location

State TN

County Hamilton

Area 0.15

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Tub/shower Combo

Heating Electric

Cooling Electric, Multi Units, Window Unit(s)

Flooring Luxury Vinyl, Vinyl

Fireplace No

Appliance Water Heater, Refrigerator, Electric Range

Heat Source Electric

Laundry None

Exterior

Exterior Feature Rain Gutters

Parking Features Off Street

Garage Description Off Street

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt,Shingle

Porch Front Porch, Porch, Porch - Covered

Garage No

Building

Faces From I-24 E, take exit 181A for US-41 S toward East Ridge. At the traffic circle, take the 3rd exit onto US-41 N/US-76 W/Westside Dr. Turn right onto Dodds Ave. In 0.2 miles, arrive at 1816 Dodds Avenue on the right.

Story Two

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Stone,Vinyl Siding

Schools

Elementary Schools East Side Elementary

Middle Schools Orchard Knob Middle

High Schools Howard School Of Academics & Tech

Others

Senior Community No

Tax ID 156f G 030

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by Working Moms Realty LLC

NEARBY SCHOOL & BUSINESS

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Jodi Newell

Jodi Newell

+1(423) 718-0904

Realtor License ID: GA 373648 TN 336487

Realtor License ID: GA 373648 TN 336487

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1816 Dodds AVE