Updated Duplex on a corner lot with Immediate Cash Flow Potential! 4077/4079 Teakwood Dr is a brick duplex, located off of Hwy 58 near Hwy 153, offers an excellent opportunity for investors or owner-occupants. Updated in 2020, each unit features 2 bedrooms and 1 bathroom plus laundry room off the kitchen. All appliances in both units convey the property. The property has off-street parking, and the left unit includes an attached carport. Both units are currently rented on a month-to-month basis, generating a total rental income of about $2,100 per month (which is under fair market rents) and are currently managed by a third-party property management company. Don't miss out on this great property at an attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.
Sold for $265,000
$265,000
4077 Teakwood Dr, Chattanooga, TN 37416
4beds
1,920sqft
Duplex
Built in 1969
-- sqft lot
$270,300 Zestimate®
$138/sqft
$1,542 Estimated rent
Home value
$270,300
$249,000 - $295,000
$1,542/mo
Zestimate® history
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$1,542/mo
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$1,564/mo
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Zillow last checked:
Listing updated:
Listed by:
Emily Berryman 423-451-6654,
Zach Taylor - Chattanooga
Bought with:
Charles Jabaley, 352704
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1503637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric, Varies by Unit
Cooling
- Central Air, Ceiling Fan(s), Electric, Multi Units
Appliances
- Included: Dishwasher, Electric Water Heater, Free-Standing Electric Range, Refrigerator, Range Hood
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Bar, Ceiling Fan(s)
- Flooring: Luxury Vinyl, Tile
- Windows: Blinds, Vinyl Frames
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
- Finished area above ground: 1,920
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Driveway, Off Street
- Carport spaces: 2
Features
- Levels: One
- Exterior features: Rain Gutters
Lot
- Size: 0.31 Acres
- Dimensions: 109.9 x 121.4
- Features: Back Yard, Corner Lot, Front Yard, Level
Details
- Parcel number: 120o H 012
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Duplex
Materials
- Brick, Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Harbor Place
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $268,800
- Annual tax amount: $3,029
- Date on market: 11/22/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: All Utilities
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2025 | Listing removed | $1,195$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/12/2025 | Listed for rent | $1,195+25.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/3/2025 | Sold | $265,000-5%$138/sqft |
Source: Greater Chattanooga Realtors #1503637 Report a problem | ||
| 2/4/2025 | Contingent | $279,000$145/sqft |
Source: Greater Chattanooga Realtors #1503637 Report a problem | ||
| 1/17/2025 | Price change | $279,000-3.5%$145/sqft |
Source: Greater Chattanooga Realtors #1503637 Report a problem | ||
| 12/14/2024 | Price change | $289,000-3.3%$151/sqft |
Source: Greater Chattanooga Realtors #1503637 Report a problem | ||
| 11/22/2024 | Listed for sale | $299,000+71.6%$156/sqft |
Source: Greater Chattanooga Realtors #1503637 Report a problem | ||
| 11/5/2020 | Sold | $174,250+255.6%$91/sqft |
Source: Public Record Report a problem | ||
| 8/17/2020 | Listing removed | $950 |
Source: First Property Management Report a problem | ||
| 7/21/2020 | Listed for rent | $950 |
Source: First Property Management Report a problem | ||
| 6/6/2017 | Sold | $49,000-24%$26/sqft |
Source: Greater Chattanooga Realtors #1263529 Report a problem | ||
| 5/9/2017 | Listed for sale | $64,500+79.2%$34/sqft |
Source: Keller Williams Realty #1263529 Report a problem | ||
| 4/20/2017 | Sold | $36,000-61.1%$19/sqft |
Source: Public Record Report a problem | ||
| 1/16/2017 | Price change | $92,500+1.6%$48/sqft |
Source: Keller Williams - Chattanooga - Downtown #1254985 Report a problem | ||
| 10/17/2016 | Listed for sale | $91,000+160%$47/sqft |
Source: Owner Report a problem | ||
| 6/29/2011 | Sold | $35,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,630 +7.9% | $107,520 +59.2% |
| 2024 | $1,511 | $67,520 |
| 2023 | $1,511 | $67,520 |
| 2022 | $1,511 | $67,520 |
| 2021 | $1,511 +58.6% | $67,520 +96.1% |
| 2020 | $952 | $34,440 |
| 2019 | $952 | $34,440 |
| 2018 | $952 -48.9% | $34,440 |
| 2017 | $1,863 +54.3% | $34,440 |
| 2016 | $1,207 | -- |
| 2015 | $1,207 | $21,525 |
| 2014 | $1,207 -17.6% | -- |
| 2013 | $1,465 | $21,525 -25.5% |
| 2012 | $1,465 +83.5% | $28,875 |
| 2011 | $798 -45.5% | $28,875 |
| 2010 | $1,465 +7.9% | $28,875 |
| 2009 | $1,358 | $28,875 +31.1% |
| 2008 | -- | $22,025 |
| 2007 | -- | $22,025 |
| 2006 | -- | $22,025 |
| 2005 | -- | $22,025 +3.3% |
| 2004 | -- | $21,325 |
| 2003 | -- | $21,325 |
| 2002 | -- | $21,325 |
| 2001 | -- | $21,325 -11.1% |
| 2000 | -- | $24,000 |
Find assessor info on the county website
Neighborhood: 37416
Nearby homes
- $334,7002 bd1 ba950 sqft4079 Teakwood Dr, Chattanooga, TN 37416Off Market
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- $295,0004 bd2 ba1.9k sqft4072 Arbor Place Ln, Chattanooga, TN 37416For Sale
- $237,600-- bd2 ba1.9k sqft4084 Teakwood Dr, Chattanooga, TN 37416Off Market
Nearby schools
GreatSchools rating
- 2/10Harrison Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 5/10Brown Middle SchoolGrades: 6-8Distance: 2.8 mi
- 3/10Central High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- Elementary: Harrison Elementary
- Middle: Brown Middle
- High: Central High School
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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Estimated market value
$270,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$270,300
- Tennessee
- Hamilton County
- Chattanooga
- 37416
- 4077 Teakwood Dr
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