Well-maintained duplex located in the desirable Hixson submarket, offering a strong combination of in-place income and future upside. Each side features a 2-bedroom, 1-bath layout with functional floor plans that appeal to long-term tenants. The right side unit was just extensively updated and was completed September 2026. The rest of the property was updated approximately 8 years ago, providing a solid foundation for continued performance with the opportunity for additional value-add improvements over time. Roof is approximately 4 years old. Newer HVAC on both units.Unit 1 is currently vacant and ready to view. Unit 2 is leased at $1,072/month, lease expiring end of April 2027. The vacant unit provides flexibility for an investor to rents at market levels or occupy one side if desired. Situated in a stable residential area with convenient access to Hixson amenities, retail, and major thoroughfares, this property is well-positioned for both tenant retention and rental growth. Ideal for investors seeking a straightforward, income-producing asset with upside potential in a proven rental market.
Listed By
Agency Name: RealSmart
Agency Phone: 619-746-8378
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,008.99 per month $611.81 Principal & Interest $317.00 Property Tax $80.18 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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5217 Hickory Woods Lane | MLS# 1542635
This multi-family property located at 5217 Hickory Woods Lane, Hixson, TN 37343 is currently listed for sale with an asking price of $274,900. Search Chattanooga real estate on www.clhomes.com today.