7614 Noah Reid Road, Chattanooga, TN 37416
- $250,000
- 4
- BD
- 5
- BA
- 1,728
- SqFt
- Sold Price
- $250,000
- List Price
- $257,900
- Closing Date
- May 27, 2026
- MLS#
- 1532816
- Bedrooms
- 4
- Sq. Ft
- 1,728
- Acres
- 0.40
- Year Built
- 1986
- Subdivision
- Austin Farms
Property Description
Income-producing duplex in Chattanooga offering a strong mix of stability and upside potential. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that continue to perform well in the local rental market. Unit A is leased at $816/month with a lease secured through April 20, 2027, providing long-term income stability. Unit B is currently leased at $1,224/month on a month-to-month basis, allowing flexibility for an investor to adjust rents to market or reposition the unit as needed. The spread in rents highlights an opportunity for future revenue growth while maintaining solid in-place cash flow. Ideal for investors seeking a low-maintenance asset with a balance of dependable income and value-add potential. Conveniently located with access to major roadways, employment centers, and everyday amenities, supporting continued tenant demand.
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Additional Information
- Exterior
- Brick, Other
- Roof
- Shingle
- Foundation
- Slab
- Community Features
- None
- Lot Description
- Sloped
- Cooling
- Central Air
- Heating
- Central
- Elementary School
- Bess T. Shepherd Elementary
- Middle School
- Tyner Middle Academy
- High School
- Tyner Academy
- Financing Available
- Cash, Conventional
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Listing courtesy of RealSmart. Selling Office: .