Add a fully occupied, income-producing triplex to your portfolio! All three units are currently rented, generating a combined $2,842 per month, making this a strong opportunity for investors looking for an established multifamily property in Chattanooga.
Recent improvements include a new roof, new gutters & downspout system, repaired fascia & soffit, and new window heating & cooling units added in each unit. The retaining wall at the rear of the property has also been replaced and the yard has been cleaned up and improved.
Unit A has undergone additional renovations to meet Section 8 requirements, including drywall repairs, full interior paint, new luxury vinyl plank flooring, a new refrigerator, new oven/range, and additional updates throughout.
With three occupied units, $2,842 in total monthly rent, and several major property improvements already completed, this triplex offers investors the opportunity to acquire an established rental property with income from day one. Conveniently located on Dodds Avenue with access to downtown Chattanooga and surrounding areas, this property is ready for its next owner!
*Do not disturb the tenants*
For sale
$285,000
1816 Dodds Ave, Chattanooga, TN 37404
3beds
1,805sqft
Triplex
Built in 1930
-- sqft lot
$273,800 Zestimate®
$158/sqft
$-- HOA
What's special
New roofDrywall repairsNew refrigeratorFull interior paintRepaired fascia and soffit
- 14 days
- 217
- 23
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Lisa Paller 303-931-1700,
Working Moms Realty LLC 423-826-9093
Source: Greater Chattanooga Realtors,MLS#: 1543749
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Electric, Multi Units, Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator, Water Heater
- Laundry: None
Features
- Tub/shower Combo, Ceiling Fan(s)
- Flooring: Luxury Vinyl, Vinyl
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,805
- Total interior livable area: 1,805 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Patio & porch: Front Porch, Porch, Porch - Covered
- Exterior features: Rain Gutters
Lot
- Size: 6,534 Square Feet
- Dimensions: 45 x 132
Details
- Parcel number: 156f G 030
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stone, Vinyl Siding
- Foundation: Stone
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Higgins
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $239,400
- Annual tax amount: $3,299
- Date on market: 10/1/2026
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
Estimated market value
$273,800
$260,000 - $287,000
$1,664/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $285,000+26.7%$158/sqft |
Source: Greater Chattanooga Realtors #1543749 Report a problem | ||
| 10/4/2024 | Sold | $225,000$125/sqft |
Source: Greater Chattanooga Realtors #1395554 Report a problem | ||
| 8/23/2024 | Contingent | $225,000$125/sqft |
Source: Greater Chattanooga Realtors #1395554 Report a problem | ||
| 7/12/2024 | Listed for sale | $225,000-63.6%$125/sqft |
Source: Greater Chattanooga Realtors #1395554 Report a problem | ||
| 1/14/2019 | Sold | $618,750+348.4%$343/sqft |
Source: Agent Provided Report a problem | ||
| 11/14/2018 | Pending sale | $138,000$76/sqft |
Source: ERA Blue Key Properties #1289086 Report a problem | ||
| 10/5/2018 | Listed for sale | $138,000+820%$76/sqft |
Source: ERA Blue Key Properties LLC #1289086 Report a problem | ||
| 4/17/2017 | Sold | $15,000-57.1%$8/sqft |
Source: Public Record Report a problem | ||
| 6/13/2016 | Listed for sale | $35,000-67.9%$19/sqft |
Source: Owner Report a problem | ||
| 4/2/2015 | Listing removed | $109,000$60/sqft |
Source: Owner Report a problem | ||
| 10/23/2014 | Price change | $109,000+10.1%$60/sqft |
Source: Owner Report a problem | ||
| 9/29/2014 | Price change | $99,000+11.2%$55/sqft |
Source: Owner Report a problem | ||
| 9/13/2014 | Listed for sale | $89,000+97.8%$49/sqft |
Source: Owner Report a problem | ||
| 6/24/2014 | Sold | $45,000-18.2%$25/sqft |
Source: Public Record Report a problem | ||
| 4/8/2014 | Price change | $55,000+120%$30/sqft |
Source: Owner Report a problem | ||
| 2/6/2014 | Listed for sale | $25,000+150%$14/sqft |
Source: JAS Companies, LLC Report a problem | ||
| 12/4/2009 | Sold | $9,999-71.4%$6/sqft |
Source: Public Record Report a problem | ||
| 12/30/2008 | Sold | $35,000-25.5%$19/sqft |
Source: Public Record Report a problem | ||
| 7/24/2000 | Sold | $47,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,451 +36.5% | $95,760 +101.5% |
| 2024 | $1,063 | $47,520 |
| 2023 | $1,063 | $47,520 |
| 2022 | $1,063 | $47,520 |
| 2021 | $1,063 -2.9% | $47,520 +20% |
| 2020 | $1,095 | $39,600 +83.3% |
| 2019 | $1,095 +83.3% | $21,600 |
| 2018 | $597 -50.9% | $21,600 |
| 2017 | $1,216 +0.4% | $21,600 |
| 2016 | $1,211 | -- |
| 2015 | $1,211 | $21,600 |
| 2014 | $1,211 +85.3% | -- |
| 2013 | $654 | $21,600 -8.6% |
| 2012 | $654 | $23,640 |
| 2011 | $654 | $23,640 |
| 2010 | $654 | $23,640 |
| 2009 | $654 | $23,640 +13.9% |
| 2008 | -- | $20,760 |
| 2007 | -- | $20,760 |
| 2006 | -- | $20,760 |
| 2005 | -- | $20,760 +8.6% |
| 2004 | -- | $19,120 |
| 2003 | -- | $19,120 |
| 2002 | -- | $19,120 |
| 2001 | -- | $19,120 +12.5% |
| 2000 | -- | $17,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Ridgedale
Nearby schools
Schools provided by the listing agent
- Elementary: East Side Elementary
- Middle: Orchard Knob Middle
- High: Howard School of Academics & Tech
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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