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Sold for $550,000
  • $550,000

    3335 Elder Mountain Rd, Chattanooga, TN 37419

    15beds
    4,526sqft
    Quadruplex
    Built in 1973
    -- sqft lot
    $728,700 Zestimate®
    $122/sqft
    $1,341 Estimated rent

    Home value

    $728,700

    $656,000 - $816,000

    $1,341/mo

    Zestimate® history
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    $1,341/mo

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    $3,133/mo

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    $3,133/mo

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    What's special

    Location, Location, Location: Nestled in a prime location, this 4-Plex is strategically situated to captivate both residents and investors alike. Located on Elder Mountain Road, the property enjoys the perfect balance of serene surroundings and easy assess to urban amenities. Embrace the scenic beauty of the mountains while being minutes from downtown Chattanooga. This location is appealing to both young professionals and families alike. This low maintenance all brick 4 - Plex in desirable Lookout Valley, has ample parking and great yard space for tenants. Each unit has 2 bedrooms and 1 and a half baths. Three of the units have been updated. Laundry hookups in each unit. Washer / dryers belong to tenants. Current rental rates are $3125/month which is well below the potential rates for the area. Three units are month to month and one expires in November 2023. Separately metered for all utilities. This investment property is perfect for a first time or seasoned investor.

    Zillow last checked: 7 hours ago

    Listing updated: September 08, 2024 at 07:57am

    Listed by:

    Lisa A Brown 423-432-2100,

    Keller Williams Realty,

    Diane Patty 423-504-5006,

    Keller Williams Realty

    Bought with:

    David W Shipley, 284775

    RE/MAX Properties

    Source: Greater Chattanooga Realtors,MLS#: 1376850

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 8
    • Full bathrooms: 4
    • 1/2 bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Features
    • Eat-in Kitchen
    • Basement: Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 4,526
    • Total interior livable area: 4,526 sqft

    Property

    Parking
    • Parking features: Off Street, Kitchen Level
    • Has garage: Yes
    Features
    • Levels: Two
    • Has view: Yes
    • View description: Other
    Lot
    • Size: 0.49 Acres
    • Dimensions: 150 x 133.4
    • Features: Level
    Details
    • Parcel number: 144f C 010
    • Special conditions: Investor

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Community
    • Community features: None
    Location
    • Region: Chattanooga
    • Subdivision: Kimberley Acres

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/17/2023Sold$550,000$122/sqft
    Source: Greater Chattanooga Realtors #1376850 Report a problem
    7/24/2023Pending sale$550,000$122/sqft
    Source: Greater Chattanooga Realtors #1376850 Report a problem
    7/19/2023Listed for sale$550,000$122/sqft
    Source: Greater Chattanooga Realtors #1376850 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37419

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lookout Valley Elementary
    • Middle: Lookout Valley Middle
    • High: Lookout Valley High

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $728,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $728,700