Price Reduction
1123 Fernway Rd Chattanooga, TN
$ 269,000
Property Attributes
  • MLS#1335416
  • TypeMulti-Family
  • CountyHAMILTON
  • CityChattanooga
  • NeighborhoodDallas Hgts
  • Zip37405
  • StyleDuplex
  • Year Built1954
  • Taxes$ 3055
  • Price$ 269,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1674
  • Lot Size0.51 Acres
Listing Provided Courtesy Of:
Better Homes and Gardens Real Estate Signature Brokers
Data Source:
Greater Chattanooga Association of REALTORS
Property Description

Location, Location on the North Shore! Excellent investor opportunity. This duplex features 2 bedrooms, 1 bath and a 1 car garage per side with lots of storage. Recent updates have been windows, HVAC, and garage door with openers. Hardwood floors in the living room, hall and both bedrooms. One side is vacant while one side is occupied. Previous gross monthly rent for the two units was $1,650 (with lots of potential to increase the occupied side). Buyer to verify that all information is correct, accurate and for obtaining any and all restrictions for the property).

Elementary School Middle School High School
Rivermont Elementary Red Bank Middle Red Bank High School
Price History
5/5/2021 Listed $275,000
6/8/2021 3% - $269,000

General Features

Basement Unfinished
Community Features None
Cooling Central, Electric
Existing Financing None
Financing Available Cash, Conventional
Heating Central, Electric
Home Warranty No
Parking Basement Garage, Double Garage
Property SubType Duplex
Property Type B
Roof Shingle
Special Needs n
Status Active
Type Of Sale Investor
Year Built 1954

Interior Features

Total Number of Units 2.00
Unit 1 Features 1 Bath, 2 Bedrooms, Deck/Patio, Eat-In Kitchen, Kitchen, Laundry Hookup, Living Room, Oven/Range, Refrigerator, Storage
Unit 1: Bedrooms 2
Unit 1: Full Baths 1
Unit 1: Unit # A
Unit 2 Features 1 Bath, 2 Bedrooms, Deck/Patio, Eat-in Kitchen, Kitchen, Laundry Hookup, Living Room, Oven/Range, Refrigerator, Storage
Unit 2: Bedrooms 2
Unit 2: Full Baths 1
Unit 2: Unit # B

Exterior Features

Exterior Block, Siding
Lot Description Sloping
Lot Size Dimensions 95X242.9
Lot Size Sqft 22411.16
Water/Sewer On Sewer, Public Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 37405

AVG $450K
AVG $3,140
AVG 150
Year Built
AVG 1936

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