4061 Teakwood Drive, Chattanooga, TN 37416
- Beds
- 4
- Baths
- 3
- Sqft
- 1,920
View property features, location on map, relevant school information and overview from seller's agent.
- 1
- 0
Overview
PRICE DROP - MOTIVATED SELLER - STRONG RENT UPSIDE
Fantastic opportunity to acquire a solid all-brick, one-level duplex now offered at a recently reduced price. The seller is highly motivated, making this an excellent time to secure a property with immediate income and room to increase returns.
Each unit features 2 bedrooms and 1 bathroom. One side is currently occupied by long-term tenants on a month-to-month lease, providing instant cash flow, while the other unit is vacant and ready to rent or occupy. Current rents are below market, offering clear potential for higher rental income with minimal effort—ideal for investors looking to maximize returns or owner-occupants planning to live in one unit while renting the other at market rates.
The occupied unit has already been updated, adding value and reducing near-term capital expenses. Outside, enjoy a large, flat, and private backyard, offering flexibility for tenant enjoyment or future improvements.
Located in an area with strong rental demand, this duplex checks all the boxes for a smart investment: brick construction, single-level layout, flexible leasing options, and income growth potential.
Seller is ready to make a deal—don't miss this opportunity to add a high-upside property to your portfolio.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Number of bedrooms
- 4
- Number of bathrooms
- 3
- Square feet
- 1,920
- Lot size (acres)
- 0.25
- Year built
- 1969
Utilities
- Heating
- Central, Electric, Forced air
- Cooling
- Central air, Electric
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount
- $2,423.14
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Greater Chattanooga Realtors MLS®#: 1525188 Last checked: …

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. EXP Realty, LLC does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.