123 Yother LN Chattanooga, TN 37415
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,576 sqft
Price per Sqft $522
Subdivision Yother Estates
MLS Listing ID 1543177
Bedrooms 24
Year Built 1988
Lot Size 2.020 Acres
Acres 2.02
Lot Dimensions 66.55X149.99
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Nine of the 10 units are currently month-to-month, giving a new owner flexibility to gradually increase rents and make updates as units turn over. Utilities are separately metered and paid by tenants, and the properties have been well maintained, with many featuring brick construction.
The two vacant lots are located alongside the existing duplexes and are currently zoned RN-2, offering potential for additional residential development subject to buyer verification. Conveniently located near Downtown Chattanooga, Hixson shopping and dining, and major roadways, this portfolio combines immediate income with opportunities for rental growth and future expansion. Seller prefers to sell the five duplexes together but may consider selling the vacant lots separately.
**No showings until acceptable offer as there are current tenants living in the units.** Unit 113/115- Roof 2023
Unit 115 - new dishwasher & fridge 2025
Unit 119 - remodel 2/26
Unit 121 - HVAC 10/25, Dishwasher 12/24, stove and microwave vent hood 1/23
Unit 123 - Stove and dishwasher 10/22
Unit 130 - Garage Door 2/26, Roof 2023 for whole building, new appliances 1/23
Unit 132 - Garage door 2/26
Location
State TN
County Hamilton
Area 2.02
Interior
Heating Central
Cooling Central Air
Fireplace No
Heat Source Central
Laundry In Unit
Exterior
Exterior Feature Rain Gutters
Parking Features Concrete, Driveway, Garage
Garage Description Concrete, Driveway, Garage
Community Features Street Lights
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available, Underground Utilities
Roof Type Shingle
Porch Deck
Garage No
Building
Lot Description Gentle Sloping, Level
Faces From downtown Chattanooga, take US-27 North; take the Dayton Blvd exit; continue on Dayton Blvd, then turn right onto Yother Lane; the lots and duplexes will be on the left and straight ahead at the end of the cul-de-sac.
Story Two
Sewer Public Sewer
Water Public
Structure Type Brick,Other
Schools
Elementary Schools Hixson Elementary
Middle Schools Red Bank Middle
High Schools Red Bank High School
Others
Senior Community No
Tax ID 099c C 035.01
Security Features Smoke Detector(s)
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Investor
NEARBY SCHOOL & BUSINESS
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