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1816 Dodds Avenue, Chattanooga, TN 37404

Hamilton County · Triplex
$285,000
Bedrooms
3
Living area
1,805 sqft
Acreage
0.15 acres
Year built
1930
Property type
Triplex
County
Hamilton
MLS number
1543749

About this property

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*

Property details4 groups

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heating
Electric
Cooling
Electric, Multi Units, Window Unit(s)

Construction

Construction
Stone, Vinyl Siding
Roof
Asphalt, Shingle
Flooring
Luxury Vinyl, Vinyl
Levels
Two
Basement
Crawl Space

Land and access

Parcel number
156f G 030
Annual taxes
$3,300 a year

Schools

Elementary school
East Side Elementary
Middle school
Orchard Knob Middle
High school
Howard School of Academics & Tech

Information deemed reliable but not guaranteed.