Prime Investment & Development Opportunity! 911-923 Lullwater Road is a rare 5 duplex package in a prime Chattanooga location, offering 10 total units across over 3 acres. Each 1 bedroom/1 bathroom unit is currently leased and well-maintained, with updates throughout & available upon request. Located mere minutes from downtown Chattanooga, the riverfront and major employers, this 3 acre site combines convenience, growth and opportunity. This package is ideal for buy-and-hold investors, value-add strategists or developers. (Buyer to verify zoning and use.) 911-923 Lullwater Rd is the best of both worlds- steady returns today and a blank canvas for tomorrow.
Prime Investment & Development Opportunity! 911-923 Lullwater Road is a rare 5 duplex package in a prime Chattanooga location, offering 10 total units across over 3 acres. Each 1 bedroom/1 bathroom unit is currently leased and well-maintained, with updates throughout & available upon request. Located mere minutes from downtown Chattanooga, the riverfront and major employers, this 3 acre site combines convenience, growth and opportunity. This package is ideal for buy-and-hold investors, value-add strategists or developers. (Buyer to verify zoning and use. ) 911-923 Lullwater Rd is the best of both worlds- steady returns today and a blank canvas for tomorrow.
Public Records
Nov 17, 2022
Sold
$1,202,500
$964/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,824 (+43.5%)
2024
$1,968
2023
$1,968 (+18.1%)
2022
$1,666
2021
$1,666 (+4.9%)
2020
$1,589
2019
$1,589
2018
$1,589 (+3.8%)
2017
$1,531 (+4.7%)
2016
$1,462 (+36.8%)
2014
$1,069
Tax history for 911 Lullwater Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,824 (+43.5%)
2024
$1,968
2023
$1,968 (+18.1%)
2022
$1,666
2021
$1,666 (+4.9%)
2020
$1,589
2019
$1,589
2018
$1,589 (+3.8%)
2017
$1,531 (+4.7%)
2016
$1,462 (+36.8%)
2014
$1,069
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
1
Lot width
75 ft.
Lot depth
225 ft.
Lot size
1 Acre
Year renovated
—
Sq. Ft.
1,248
Year built
1981
Style
Multi-Family (2-4 Unit)
County
Hamilton County
APN
117K B 011.01
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 20, 2026.
Property details
Parking
Parking Information
Parking Total: 0
Parking Features: Detached, Driveway
Interior
Heating & Cooling
Has Heating
Heating Information: Electric
Has Cooling
Cooling Information: Electric
Multi-Family Financial Information
Owner Pays: Water
Multi-Unit Information
# of Units (Total): 10
Unit Type 1 Information
Unit Type: 1 Bedroom
# of Bathrooms: 1
# of Bedrooms: 1
Unit Type 2 Information
Unit Type: 1 Bedroom
# of Bathrooms: 1
# of Bedrooms: 1
Unit Type 3 Information
Unit Type: 1 Bedroom
# of Bathrooms: 1
# of Bedrooms: 1
Unit Type 4 Information
Unit Type: 1 Bedroom
# of Bathrooms: 1
# of Bedrooms: 1
Exterior
Building Information
Construction Materials: Wood Siding
Roof: Other
Property Information
Property Type: Residential Income
Attached Property
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Units: Acres
Lot Size Dimensions: Approx 352x414
Financial
Tax Information
Tax Annual Amount: $1,968
Lease / Rent Details
Tenant Pays: Electricity, Other
Utilities
Utility Information
Water Source: Public
Sewer: Septic Tank
Utilities: Electricity Available, Water Available
Location
School Information
Elementary School: Red Bank Elementary School
Middle Or Junior High School: Red Bank Middle School
High School: Red Bank High School
Location Information
Directions: From north on Dayton Blvd, turn Left onto Hedgewood Dr. Slight Right onto Lullwater Rd. Duplexes on Left.
Public facts
Beds: —
Baths: —
Sq. Ft.: 1,248
Stories: 1.0
Lot Size: 1 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1981
Year Renovated: —
County: Hamilton County
APN: 117K B 011.01
Home facts updated by county records on Jul 20, 2026
Other
Home Information
Living Area: 1248
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 1248
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Structure Type: Duplex
Levels: Two
Around this home
Schools
Red Bank Elementary School
Public PreK-5 • Assigned • 0.8mi
4/10
Red Bank Middle School
Public 6-8 • Assigned • 1.4mi
5/10
Red Bank High School
Public 9-12 • Assigned • 1.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
5/10 Heat Factor
8 days above 104° expected this year, 23 days in 30 years
4/10 Wind Factor
11% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Chattanooga, TN • 37405
Average low and high temperatures (°F)
43
27
54
36
66
46
74
55
73
59
82
66
86
70
80
66
78
63
70
53
60
45
50
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4.4 hrs
JuneDecember
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