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1422 Stratton Place Drive, Chattanooga, TN 37421

$449,900
  • 1422 Stratton Place Drive, Chattanooga, TN 37421 Main Photo

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New to the Market Active
BEDS5 BATHS SQUARE FEET2,700 MLS#1533558
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONStratton Place NEIGHBORHOODChattanooga

Property Description

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 bathroomsUnit B: 2 bedroom / 1.5 bathroomsThe 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.

1422 Stratton Place Drive | MLS# 1533558

This multi-family property located at 1422 Stratton Place Drive, Chattanooga, TN 37421 is currently listed for sale with an asking price of $449,900. Search Chattanooga real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air, Ceiling Fan(s), Electric, Multi Units
Fuel Type: Electric
Heating: Central, Electric, Heat Pump, Separate Meters
Lot Size: 0.34 Acres
Taxes: $4,961
Year Built: 1980

Units

Unit Type 1:
Bedrooms: 3
Bathroom(s): 2.1
Rent: $1995.00
Square Footage: 1365
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1471.00
Square Footage: 1345

Feature Descriptions

Common Amenities: None
Days on Site: 6
Exterior: Block, Brick, Other, Stone
Exterior Amenities: Private Yard, Storage
Flooring: Carpet, Luxury Vinyl
Interior Amenities: Tub/shower Combo, En Suite, Breakfast Room, Separate Dining Room, Plumbed, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Open Floorplan, Storage
Laundry: Laundry Closet, Electric Dryer Hookup, Laundry Room, Main Level, In Unit, Washer Hookup
Lot: Back Yard, Front Yard, Level
Lot Dimensions: 78x199 IR
Parcel #: 158l H 015
Parking: Driveway, Off Street, Kitchen Level
Patio/Porch: Awning(s), Covered, Deck, Patio, Porch, Rear Porch, Porch - Covered
Tenant Pays: All Utilities, Cable TV, Electricity, Sewer, Water
Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Windows: Blinds, Window Treatments

Local Schools

High School: East Hamilton
Middle School: East Hamilton
Elementary School: East Brainerd Elementary

Listed By / Shown By

Listed By

Agency Name: Real Estate Partners Chattanooga LLC
Agency Phone: 423-265-0088

Shown By

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

IDX logo

Source: CARMLS

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Estimated Payment

$ 1,545.92 per month $1,001.28 Principal & Interest $413.42 Property Tax $131.22 Homeowner's Insurance

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