Chattanooga, TN 37405

Property Description

Turnkey investment opportunity in a highly desirable North Chattanooga location. This well-maintained duplex at 1322 Dallas Road is fully leased with both units occupied, offering immediate income and long-term investment potential. The property has seen numerous updates, including a new metal roof and fresh exterior paint in 2026. Both apartments feature renovated kitchens with updated cabinetry, appliances, and generous storage. Unit A offers granite countertops, while Unit B features butcher block countertops and a fully remodeled bathroom completed in 2024 with custom tile surround and updated fixtures. The bathroom in Unit A has also been renovated in recent years. Each unit enjoys its own private deck, dedicated laundry room, separate HVAC system, keypad entry, and abundant natural light. Hardwood flooring runs throughout the living areas and bedrooms, while double-pane windows and substantial insulation contribute to energy efficiency, reduced street noise, and minimal sound transfer between units. A storage shed serves Unit B and features a roof replacement completed around 2020. Situated on a mature lot with established landscaping, including Japanese maples, this property combines thoughtful updates, strong tenant appeal, and reliable income production in one of Chattanooga's most sought-after areas. Whether expanding an existing portfolio or acquiring a first investment property, this duplex presents a rare opportunity for immediate cash flow with significant capital improvements already completed.