Quad

duplex for sale

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Listed: 02/13/23

2211 Elmendorf Street, Boyce, Chattanooga, TN 37406, USA

12 Bed:

8 Bath:

5,400 Sq Ft Living Area:

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Price

$ 550,000

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About This Duplex

Check out this investment opportunity quadplex! Each unit is two levels with three bedrooms, two bathrooms. Two of the units are currently occupied and two are vacant. One unit rents for $762 and the other rents for $758. All units are separately metered! The current occupied units are on month to month leases. Unit D has recently been updated and is move in ready! Each unit is spacious and open, with tall ceilings and a kitchen that opens into the main living area. The master bedroom is downstairs with it's own spacious bathroom. Upstairs are the two bedrooms and the other full bathroom. The property is conveniently located only 12 minutes to downtown and near Hwy 58 & 17. Showings are only of unit D, until an accepted offer is in place. Do not disturb the tenants. Buyers to verify all information.

Property Includes

Air Conditioning
Roof Composition Shingle
Heating Central Furnace

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Duplexes for sale in Chattanooga

Chattanooga Housing & Living

Household Income

Median household income: $41,911

Number of households: 71,190

The average household income in Chattanooga, TN grew from $41,278 to $41,911 in the past year. This data is an estimate based upon 71,190 households in Chattanooga, TN.
The chart below presents how household income is distributed in Chattanooga, TN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Chattanooga, TN compared to median property taxes around the country. The prevalent amount of property taxes in Chattanooga, TN equals $800-$1,500 , which is less than the national average.