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3626 Tanaka Trail, Chattanooga, TN 37404

$209,900
  • 3626 Tanaka Trail, Chattanooga, TN 37404 Main Photo

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Active
BEDS4 BATHS SQUARE FEET1,560 MLS#1529438
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCherokee Hills NEIGHBORHOODChattanooga

Property Description

Duplex opportunity on a wooded 1-acre lot with rental income, near-term flexibility, and upside for an investor or owner-occupant.Each side offers 2 bedrooms and 1 bath. One unit is leased at $1,050/month through 5/31/26. The second unit is vacant and was most recently rented for $1,064/month, but it will need improvements before it is rent ready.With the current lease ending soon, this property may offer a cleaner path for an investor to evaluate both units, make improvements, adjust rents, or explore an owner-occupant strategy after closing.A nearby fully renovated duplex on Tanaka Trail recently rented for $1,175 per side, offering a helpful benchmark for potential rental upside after improvements. Based on a similar sale on the same street, the after-repair value could be around $280,000+.Recent exterior updates include paint, handrails, and lighting in 2023, plus a new roof in 2025.Right unit:Renovated in 2019 with central HVAC and ductwork, updated kitchen and bath, refinished hardwood floors, and newer finishes. Currently leased through 5/31/26 at $1,050/month. Tenant pays water, sewer, and electric. Water heater is located in the rear attached shed.Left unit:Vacant and not currently rent ready. Features electric wall heaters, tenant-supplied window AC, washer/dryer hookups, and water heater located in the kitchen. Needs some door replacements and additional improvements before occupancy.Showings are currently for the vacant left unit only. The occupied right unit may be viewed after an accepted offer, subject to tenant coordination, with broader access expected after lease expiration.Please see plat page/map to verify property/state line.

3626 Tanaka Trail | MLS# 1529438

This multi-family property located at 3626 Tanaka Trail, Chattanooga, TN 37404 is currently listed for sale with an asking price of $209,900. Search Chattanooga real estate on online.fusion2b.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air, Window Unit(s), Wall Unit(s)
Heating: Baseboard, Central
Lot Size: 1.00 Acres
Taxes: $2,067
Year Built: 1950

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1064.00
Square Footage: 780
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $1050.00
Square Footage: 780

Feature Descriptions

Appliances: Free-Standing Electric Range, Refrigerator, Water Heater
Common Amenities: None
Days on Site: 80
Exterior: Other
Flooring: Other, Vinyl, Wood
Interior Amenities: Open Floorplan
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Cul-De-Sac, Sloped
Lot Dimensions: 147.72X315
Parcel #: 168n J 001
Parking: Off Street
Tenant Pays: All Utilities
Utilities: Sewer Connected

Local Schools

High School: East Ridge High
Middle School: East Ridge Middle
Elementary School: East Ridge Elementary

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Pryor Realty
Agency Phone: 423-894-6762

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

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Estimated Payment

$ 700.62 per month $467.15 Principal & Interest $172.25 Property Tax $61.22 Homeowner's Insurance

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