4061 Teakwood Dr

Chattanooga TN 37416

1920 sq. ft.

Duplex

Last sold for $295,000

Daniel Carey, last sold this property on 01 May 2026 after -5 days on market.

Overview

PRICE DROP - MOTIVATED SELLER - STRONG RENT UPSIDE Fantastic opportunity to acquire a solid all-brick, one-level duplex now offered at a recently reduced price. The seller is highly motivated, making this an excellent time to secure a property with immediate income and room to increase returns. Each unit features 2 bedrooms and 1 bathroom. One side is currently occupied by long-term tenants on a month-to-month lease, providing instant cash flow, while the other unit is vacant and ready to rent or occupy. Current rents are below market, offering clear potential for higher rental income with minimal effort—ideal for investors looking to maximize returns or owner-occupants planning to live in one unit while renting the other at market rates. The occupied unit has already been updated, adding value and reducing near-term capital expenses. Outside, enjoy a large, flat, and private backyard, offering flexibility for tenant enjoyment or future improvements. Located in an area with strong rental demand, this duplex checks all the boxes for a smart investment: brick construction, single-level layout, flexible leasing options, and income growth potential. Seller is ready to make a deal—don't miss this opportunity to add a high-upside property to your portfolio.

Features

1920 sq. ft. floor area

Duplex

Estimated Value

Based on this property and similar duplexes sold in Chattanooga over the last 12 months, the estimated median property value of 4061 Teakwood Dr is $295k.

Median value

$295k

Estimated value range

$151.05k - $455k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chattanooga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4061 Teakwood Dr

2026

Sold

$295,000

01 May 2026 by Daniel Carey, of EXP Realty LLC

2023

Sold

$260,000

19 Jan 2023 by Marie King, of Keller Williams Realty Greater Downtown

2019

Sold

$90,000

20 Nov 2019

Happy sellers in Chattanooga

We have insufficient information to provide an overview of customer satisfaction for Chattanooga. Viewing the agent profiles, reviews and sales for Chattanooga can provide insights for this location.