4077 Teakwood Drive

Chattanooga, TN 37416

$265,000
Last Sold Price
—
Beds
—
Baths
1,920 Sq. Ft.
$138 / Sq. Ft.
1,920
Sq. Ft.
$138
per Sq. Ft.

Description

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,...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.
  1. Listed by Emily Berryman • Zach Taylor - Chattanooga

Property Details for 4077 Teakwood Drive

Architectural Style
Ranch
Waterfront
No
LISTING UPDATED: 03/03/2025 04:40 PM

Property Details for 4077 Teakwood Drive

StatusClosed
MLS #1503637
Days on Market69
Taxes$3,030 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential Income / Duplex
Year Built1969
CountyHamilton County

Building Information for 4077 Teakwood Drive

Building/Complex4077 Teakwood DrFloor-Stories1Residences2Pet Policy-Pet Policy Details-Year Built1969Building Size-

Property Information for 4077 Teakwood Drive

Summary
Location and General Information
  • City: Chattanooga
  • County Or Parish: Hamilton
  • Directions: HWY 58 N, turn left onto Webb Rd, Right onto Arbor Place Ln, Left onto Teakwood Dr
  • Latitude: 35.094912
  • Longitude: -85.185461
  • Postal Code: 37416
  • State Or Province: TN
  • Subdivision Name: Harbor Place
Taxes and HOA
  • Tax Legal Description: LT 4 HARBOR PLACE UNIT 2 PB 25 PG 9 9 3189 02D 22
  • Additional Parcels: No
  • Parcel Number: 120o H 012
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $3,030
School Information
  • Middle Or Junior School: Brown Middle
  • High School: Central High School
  • Elementary School: Harrison Elementary
Parking
  • Garage: No
  • Attached Garage: No
  • Carport Spaces: 2.0
Property
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Level
  • Lot Size Dimensions: 109.9X121.4
  • Lot Size Acres: 0.31
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 13341.86
  • Building Area Total: 1920.0
  • Lot Size Units: Acres
  • Living Area: 1920.0
Property and Assessments
  • Property Type Label: Residential Income
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1969
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Improvements : Driveway: Yes
Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Brick, Vinyl Siding
  • Window Features: Blinds, Vinyl Frames
  • Parking Features: Concrete, Driveway, Off Street
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Roofing : Shingle: Yes
  • Roofing : Tile: Yes
Interior Features
  • Fireplace: No
  • Electric: Yes
  • Appliances: Refrigerator, Range Hood, Free-Standing Electric Range, Electric Water Heater, Dishwasher
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • Foundation Details: Slab
  • Cooling: Ceiling Fan(s), Central Air, Electric, Multi Units
  • Heating: Central, Electric, Multi Units
  • Levels: One
  • Interior Features: Bar, Ceiling Fan(s)
  • Flooring: Luxury Vinyl, Tile
  • Stories: 1
  • Green Features : Central Air: Yes
  • Cooling : Central: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Unit 1
  • Unit 1 Features : Den: No
  • Unit 1 Features : Efficiency: No
  • Unit 1 Features : Kitchen: Yes
  • Unit 1 Features : Microwave: No
  • Unit 1 Features : Refrigerator: Yes
Unit 2
  • Unit 2 Features : Den: No
  • Unit 2 Features : Efficiency: No
Unit 3
  • Unit 3 : Bedrooms: 2
  • Unit 3 Features : Living Room: Yes
  • Unit 3 Features : Separate Dining: No
Unit 4
  • Unit 4 : Bedrooms: 2
  • Unit 4 Features : Kitchen: Yes
  • Unit 4 Features : Living Room: Yes
  • Unit 4 Features : Separate Dining: No
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 4077 Teakwood Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4077 Teakwood Drive

Taxable ValueLand-Additions-Total-
Tax Record2024$1,511 ($126 / month)
Home Facts
Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories1Lot Size13,342 SqFtStyleDuplexYear Built1969Year Renovated1976ZoningR2CountyHAMILTONAPN120O H 012

Schools near 4077 Teakwood Drive

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Harrison Elementary School
PublicPK to 5

Brown Middle School
Public6 to 8

Central High School
Public9 to 12

Lakeside Academy
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Zach Taylor - Chattanooga, Emily Berryman (423.451.6654)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 MTRMLS, Inc. All Rights Reserved. Last updated: 03/03/2025 04:40 PM