Sold for $243,000 on 08/21/23
$243,000
6924 Standifer Gap Rd, Chattanooga, TN 37421
8beds
1,889sqft
Duplex
Built in 1955
-- sqft lot
$324,600 Zestimate®
$129/sqft
$1,493 Estimated rent
Home value
$324,600
$299,000 - $354,000
$1,493/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Welcome to 6924 Standifer Gap Road, where an incredible investment opportunity
awaits you! This duplex property promises both immediate rental income and the
potential for increased returns. Currently occupied with month-to-month tenants, each side of this duplex commands a rental income of $950, providing an impressive foundation for your investment portfolio. This property holds immense potential as a lucrative investment, with the opportunity to
maximize your rental income. With the right renovations, each side of the duplex could easily fetch $1,500 in monthly rent. Imagine the possibilities—unlocking an additional $550 in rental income per side, elevating your cash flow and boosting your returns. Seize this chance to transform this duplex into a true gem. With an estimated renovation
budget of $40,000 to $50,000, you have the power to enhance every aspect of these units. Whether it's modernizing the kitchens and bathrooms, upgrading flooring and fixtures, or enhancing the overall aesthetics, these improvements will allow you to command higher rental rates and attract tenants seeking quality accommodations.Located on Standifer Gap Road, this property benefits from a desirable and convenient location, offering easy access to major transportation routes, shopping centers, dining options, and entertainment venues. Tenants will appreciate the proximity to amenities and the vibrant surrounding community.
Don't miss out on this chance to secure a lucrative investment property on Standifer
Gap Road. Act now, seize the opportunity, and unlock the full potential of this duplex. Contact us today to schedule a private showing and explore the endless possibilities that await you!
Zillow last checked: 8 hours ago
Listing updated: September 09, 2024 at 11:35am
Listed by:
Doug Lawrence 423-802-2014,
Berkshire Hathaway HomeServices J Douglas Properties
Bought with:
Doug Lawrence, 290184
Berkshire Hathaway HomeServices J Douglas Properties
Source: Greater Chattanooga Realtors,MLS#: 1374856
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Window Unit(s), Wall Unit(s)
Features
- Eat-in Kitchen
- Basement: Crawl Space,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,889
- Total interior livable area: 1,889 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Has view: Yes
- View description: Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 0.88 Acres
- Dimensions: 175 x 218
- Features: Flag Lot, Level
Details
- Parcel number: 139p A 009
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick, Other
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Sewer Connected
Community & neighborhood
Location
- Region: Chattanooga
- Subdivision: Robin Sterchi
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2023 | Sold | $243,000-8.3%$129/sqft |
Source: Greater Chattanooga Realtors #1374856 Report a problem | ||
| 8/13/2023 | Pending sale | $265,000$140/sqft |
Source: Greater Chattanooga Realtors #1374856 Report a problem | ||
| 7/17/2023 | Listed for sale | $265,000$140/sqft |
Source: Greater Chattanooga Realtors #1374856 Report a problem | ||
| 6/15/2023 | Contingent | $265,000$140/sqft |
Source: Greater Chattanooga Realtors #1374856 Report a problem | ||
| 6/9/2023 | Listed for sale | $265,000+10.4%$140/sqft |
Source: Greater Chattanooga Realtors #1374856 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,148 +166.7% | $96,000 +166.7% |
| 2023 | $805 | $36,000 |
| 2022 | $805 | $36,000 |
Find assessor info on the county website
Neighborhood: 37421
Nearby schools
GreatSchools rating
- 5/10Bess T Shepherd Elementary SchoolGrades: K-5Distance: 0.5 mi
- 4/10Tyner Middle AcademyGrades: 6-8Distance: 0.6 mi
- 5/10Tyner AcademyGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Bess T. Shepherd Elementary
- Middle: Tyner Middle Academy
- High: Tyner Academy
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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
$324,600
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
$324,600
