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.

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