SoldMay 1, 2026

Listed by Daniel Carey

Bought with Kimberly Day from Property 41 Realty, LLC

Source: Middle Tennessee Regional MLS #3190581

4061 Teakwood Dr, Chattanooga, TN, 37416

$295,000

1920 sq. ft.

Duplex

30+ days on the market

Sold: May 1, 2026

What's around 4061 Teakwood Dr

About this property

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.

Looking for more information on 4061 Teakwood Dr?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldAug 27, 2026
$259,400
6309 Potts Road
Chattanooga TN 37416
Duplex
Listing courtesy of REMAX Properties | Chattanooga and Keller Williams Realty Greater Chattanooga
SoldJun 10, 2026
$450,000
3613 Hadley Drive
Chattanooga TN 37416
Duplex
Listing courtesy of Rogue Real Estate Company, LLC
SoldMay 8, 2026
$330,000
5010 Brogden Trail
Chattanooga TN 37416
Duplex
Listing courtesy of Keller Williams Realty Greater Chattanooga

Other properties sold by EXP Realty LLC

SoldSep 21, 2026
$305,000
6524 Lake Shadows Circle
Hixson TN 37343
4
3
2
Single-Family
Listing courtesy of Real Estate Partners Chattanooga, LLC and EXP Realty LLC
SoldSep 21, 2026
$267,000
4600 Alabama Road
Apison TN 37302
4
2
3
Other
Listing courtesy of EXP Realty LLC and Ocoee Realty & Property Management
SoldSep 21, 2026
$286,900
1837 S Prairie Cir
Hixson TN 37343
3
2
1
Other
Listing courtesy of EXP Realty LLC and EXIT Realty Stumbo & CO

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 1 May 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent