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.
For sale
Price cut: $10K (7/15)
$439,900
1422 Stratton Place Dr, Chattanooga, TN 37421
5beds
2,700sqft
Duplex
Built in 1980
-- sqft lot
$432,000 Zestimate®
$163/sqft
$-- HOA
What's special
Main level half bathroomWelcoming covered front porchNeatly kept lawnClassic well maintained facadeOutdoor storage roomsNice natural lightAmple off-street parking
- 160 days
- 263
- 36
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
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: $163/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
$432,000
$410,000 - $454,000
$1,683/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $439,900-2.2%$163/sqft |
Source: Greater Chattanooga Realtors #1533558 Report a problem | ||
| 6/22/2026 | Listed for sale | $449,900$167/sqft |
Source: Greater Chattanooga Realtors #1533558 Report a problem | ||
| 5/26/2026 | Contingent | $449,900$167/sqft |
Source: Greater Chattanooga Realtors #1533558 Report a problem | ||
| 4/29/2026 | Listed for sale | $449,900+28.5%$167/sqft |
Source: Greater Chattanooga Realtors #1533558 Report a problem | ||
| 6/30/2023 | Sold | $350,000$130/sqft |
Source: Greater Chattanooga Realtors #1373394 Report a problem | ||
| 5/12/2023 | Contingent | $350,000+175.6%$130/sqft |
Source: Greater Chattanooga Realtors #1373394 Report a problem | ||
| 2/3/2021 | Sold | $127,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 37421
Nearby schools
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.






