4061 Teakwood Drive, Chattanooga, TN 37416

• 1,920 sqft

Property Description

PRICE DROP - MOTIVATED SELLER - STRONG RENT UPSIDE Fantastic opportunity to acquire a solid all-brick, one-level duplex now offered at a recently reduced price. The seller is highly motivated, making this an excellent time to secure a property with immediate income and room to increase returns. Each unit features 2 bedrooms and 1 bathroom. One side is currently occupied by long-term tenants on a month-to-month lease, providing instant cash flow, while the other unit is vacant and ready to rent or occupy. Current rents are below market, offering clear potential for higher rental income with minimal effort—ideal for investors looking to maximize returns or owner-occupants planning to live in one unit while renting the other at market rates. The occupied unit has already been updated, adding value and reducing near-term capital expenses. Outside, enjoy a large, flat, and private backyard, offering flexibility for tenant enjoyment or future improvements. Located in an area with strong rental demand, this duplex checks all the boxes for a smart investment: brick construction, single-level layout, flexible leasing options, and income growth potential. Seller is ready to make a deal—don't miss this opportunity to add a high-upside property to your portfolio.

Listing Status:

Pending

Date Added:

December 18, 2025

Data Last Updated:

February 17, 2026 at 10:39PM

Listing Office:

EXP Realty, LLC : 888-519-5113

MLS ID:

1525188

Interior

• General: Tub/shower ComboLaminate CountersOpen FloorplanPrimary Downstairs
• Appliances: DishwasherElectric OvenFree-Standing Electric RangeFree-Standing RangeMicrowaveOvenRefrigeratorWasher/Dryer
• Laundry: Main LevelIn Unit
• Flooring: CarpetLuxury Vinyl
• A/C: Central AirElectric
• Heating: CentralElectricForced Air

Exterior

• General: Private YardRain Gutters
• Style: Ranch
• Parking: DrivewayOff Street

Construction

• Windows: Vinyl Frames
• General: BrickNoneOneSlab

Location

• Road/Access: City Street
• Originating MLS: Greater Chattanooga REALTORS®
• County: Hamilton

Lot

• Zoning: Lt 6 Harbor Place Unit 2 Pb 25 Pg 9 9120o H 014

Utilities

• Utilities: Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Greater Chattanooga REALTORS®