Income-producing duplex in Chattanooga offering a strong mix of stability and upside potential. Each unit features a 2-bedroom, 1-bath layout with functional floor plans that continue to perform well in the local rental market. Unit A is leased at $816/month with a lease secured through April 20, 2027, providing long-term income stability. Unit B is currently leased at $1,224/month on a month-to-month basis, allowing flexibility for an investor to adjust rents to market or reposition the unit as needed. The spread in rents highlights an opportunity for future revenue growth while maintaining solid in-place cash flow. Ideal for investors seeking a low-maintenance asset with a balance of dependable income and value-add potential. Conveniently located with access to major roadways, employment centers, and everyday amenities, supporting continued tenant demand.
Multi-familyProperty Type
1986Year Built
0.4 acresLot Size
$145Price/Sq.Ft.
Listed by Ben Van Gaasbeek• RealSmart
Bought with Susan Castle• Horizon Sotheby's International Realty
Great Investment Opportunity! This is being sold as a package that includes 7612 Noah Reid Rd for $200,000. This is located just minutes to Downtown Chattanooga.
REALTRACS as Distributed by MLS Grid #2729127
Feb 9, 2018
Sold
$94,000
$54/sq ft
Great Investment Opportunity! This is being sold as a package that includes 7612 Noah Reid Rd for $200,000. This is located just minutes to Downtown Chattanooga.
Year
Property tax
Land + Additions
Assessment*
2025
$1,630 (+34.9%)
2024
$1,208
2023
$1,208
2022
$1,208
2021
$1,208 (+26.9%)
2020
$952
2019
$952
2018
$952
2017
$952 (+4.8%)
2016
$909
2014
$909
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
90 ft.
Lot depth
194 ft.
Lot size
1 Acre
Year renovated
—
Sq. Ft.
1,728
Year built
1986
Style
Multi-Family (2-4 Unit)
County
Hamilton County
APN
129N G 023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
RN-2
Residential Neighborhood Zone
The RN-2 Residential Neighborhood Zone is intended to accommodate a neighborhood environment characterized by a mixture of single-unit homes—both attached and detached—and two-unit homes and townhouse dwellings.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Bed & breakfast
Educational/school
Fire house
Police station
Park & open space
Property details
Parking
Parking/Garage Information
Parking Features: Off Street
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Half Bathrooms: 2
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Unit Type 1 Information
Furnished: Unfurnished
Actual Rent: $816
Unit Type 2 Information
Furnished: Unfurnished
Actual Rent: $816
Unit Type 3 Information
Furnished: Unfurnished
Actual Rent: $1,224
Unit Type 4 Information
Furnished: Unfurnished
Actual Rent: $1,224
Unit Type 5 Information
Furnished: Unfurnished
Actual Rent: $816
Unit Type 6 Information
Furnished: Unfurnished
Actual Rent: 1224.0
Exterior
Exterior Features
Roof: Shingle
Building Information
Structure Type: Duplex
Sq. Ft.: 1728.0
Levels: Two
Construction Materials: Brick, Other
Foundation Details: Slab
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Raw Mls Property Sub Type: Duplex
Lot Information
Lot Features: Sloped
Lot Size : 0.4
Lot Size Dimensions: 90 x 194M
Lot Size Area: 0.4
Lot Size Units: Acres
Lot Size Acres: 0.4
Financial
Tax Information
Tax Annual Amount: $2,423.14
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School: Bess T. Shepherd Elementary
Middle Or Junior School: Tyner Middle Academy
High School: Tyner Academy
Location Information
Directions: Via I-75 and Hickory Valley Rd Take exit 3 for East Brainerd Road Turn right onto Hickory Valley Rd Turn left onto Bonny Oaks Dr Turn left onto Noah Reid Rd
Subdivision Name: Austin Farms
Community Information
Community Features: None
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,728
Stories: 2.0
Lot Size: 1 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1986
Year Renovated: —
County: Hamilton County
APN: 129N G 023
Home facts updated by county records on Oct 5, 2026
Other
Listing Information
List AOR: Greater Chattanooga REALTORS®
Around this home
Schools
Bess T Shepherd Elementary School
Public PreK-5 • Assigned • 1.6mi
5/10
Tyner Middle Academy
Public 6-8 • Assigned • 1.2mi
4/10
Tyner Academy
Public 9-12 • Assigned • 1.2mi
5/10
Provided by GreatSchools
Local insights from Redfin agents
Chattanooga is known for its mountains and the Tennessee River, but its hidden gems make it special—unexpected views, tucked-away trails, beautiful homes and quiet greenways waiting to be discovered.