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For sale
  • $449,900

    1422 Stratton Place Dr, Chattanooga, TN 37421

    5beds
    2,700sqft
    : 
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    Duplex
    Built in 1980
    -- sqft lot
    $437,700 Zestimate®
    $167/sqft
    $-- HOA

    What's special

    Main level half bathroomWelcoming covered front porchNeatly kept lawnClassic well maintained facadeOutdoor storage roomsNice natural lightAmple off-street parking
    Welcome to 1422 Stratton Place Drive - an inviting INCOME PRODUCING duplex nestled in the highly desirable East Brainerd area! This convenient property offers easy access to major roadways, shopping centers, dining options, and everyday conveniences, making it an excellent choice for both homeowners, tenants and investors alike. Situated just off East Brainerd Road and mere minutes to Hamilton Place Mall & Gunbarrel Rd's top desinations. Unit A: 3 bedroom / 2.5 bathrooms Unit B: 2 bedroom / 1.5 bathrooms The exterior showcases a classic, well maintained facade with ample off-street parking, welcoming covered front porch and neatly kept lawn, adding to its curb appeal. Each unit provides comfortable living spaces with nice natural light, recently updated flooring & paint, in-unit laundry, a main level half bathroom, large living rooms, private rear access to decks, outdoor storage rooms, and a functional environment for tenants or owner-occupants. Unit A: 3 upstairs bedrooms / 2 full bathrooms. Leased for $1,995 per month. Unit B offers 2 upstairs bedrooms / 1 full hall bath. A grand renovation in 2025 with documentation records. Leased for $1,471 per month. Roof & HVAC systems (x2) are estimated to have been replaced in 2020-2021. With its prime location and strong rental potential, this property presents a valuable opportunity to own an investment property in one of Chattanooga's most convenient & sought-after areas. Current Gross Rental Income: 3,466 / month. $41,592 annually. 48 hour advance notice & proof of funds or available financing required for all showings. Schedule your private viewing today! All information is deemed reliable but not guaranteed; buyers and agents are encouraged to independently verify all details deemed necessary.
    62 days
    |
    208
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Erwin 423-718-7667,

    Real Estate Partners Chattanooga LLC 423-265-0088

    Source: Greater Chattanooga Realtors,MLS#: 1533558

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Central, Electric, Heat Pump, Separate Meters
      Cooling
      • Central Air, Ceiling Fan(s), Electric, Multi Units
      Appliances
      • Laundry: Laundry Closet, Electric Dryer Hookup, Laundry Room, Main Level, In Unit, Washer Hookup
      Features
      • Tub/shower Combo, En Suite, Breakfast Room, Separate Dining Room, Plumbed, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Open Floorplan, Storage
      • Flooring: Carpet, Luxury Vinyl
      • Windows: Blinds, Window Treatments
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 2,700
      • Total interior livable area: 2,700 sqft
      • Finished area above ground: 2,700

      Property

      Parking
      • Parking features: Driveway, Off Street, Kitchen Level
      • Has garage: Yes
      Features
      • Levels: Two
      • Patio & porch: Awning(s), Covered, Deck, Patio, Porch, Rear Porch, Porch - Covered
      • Exterior features: Private Yard, Storage
      • Fencing: None
      Lot
      • Size: 0.34 Acres
      • Dimensions: 78 x 199 IR
      • Features: Back Yard, Front Yard, Level
      Details
      • Parcel number: 158l H 015
      • Special conditions: Investor

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Block, Brick, Other, Stone
      • Foundation: Block
      • Roof: Asphalt,Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: None
      • Subdivision: Stratton Place
      HOA
      • Has HOA: No
      Location
      • Region: Chattanooga

      Financial & listing details

      • Price per square foot: $167/sqft
      • Tax assessed value: $360,000
      • Annual tax amount: $4,961
      • Date on market: 6/22/2026
      • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: All inclusive appliances; Kitchen Refrigerators.
      • Tenant pays: All Utilities, Cable TV, Electricity, Sewer, Water
      • Road surface type: Paved

        Estimated market value

        $437,700

        $416,000 - $460,000

        $1,539/mo

        Price history

        DateEventPrice
        6/22/2026Listed for sale$449,900$167/sqft
        Source: Greater Chattanooga Realtors #1533558 Report a problem
        5/26/2026Contingent$449,900$167/sqft
        Source: Greater Chattanooga Realtors #1533558 Report a problem
        4/29/2026Listed for sale$449,900+28.5%$167/sqft
        Source: Greater Chattanooga Realtors #1533558 Report a problem
        6/30/2023Sold$350,000+175.6%$130/sqft
        Source: Greater Chattanooga Realtors #1373394 Report a problem
        2/3/2021Sold$127,000$47/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,183 +266.8%$144,000 +441.4%
        2024$595 $26,600
        2023$595 $26,600
        2022$595 $26,600
        2021$595 -22%$26,600 -56.7%
        2020$763 -55%$61,400
        2019$1,698 $61,400
        2018$1,698 -47.3%$61,400
        2017$3,222 +7.1%$61,400
        2016$3,010 --
        2015$3,010 $57,040
        2014$3,010 +49.7%--
        2013$2,011 $57,040 -21.6%
        2012$2,011 $72,720
        2011$2,011 $72,720
        2010$2,011 $72,720
        2009$2,011 $72,720 +12.6%
        2008-- $64,600
        2007-- $64,600
        2006-- $64,600
        2005-- $64,600 +86.4%
        2004-- $34,650
        2003-- $34,650
        2002-- $34,650
        2001-- $34,650 +18.1%
        2000-- $29,350

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37421

        Getting around

        63 / 100
        Somewhat Walkable
        0 / 100
        No Nearby Transit
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: East Brainerd Elementary
        • Middle: East Hamilton
        • High: East Hamilton

        Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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