Multi-Family $ 440,000

2765 Tanglewood DR

Chattanooga, TN 37415

  • 1,914 SqFt
  • 0.37 Lot Size
  • 1968 Year Built
Located in the heart of Red Bank and just minutes from Downtown Chattanooga, this charming duplex offers an incredible opportunity for investors or owner-occupants alike. With a total of 4 bedrooms and 2 bathrooms, this well-maintained property is divided into two separate units—each offering its own unique appeal and functionality.

The main level is currently set up as a furnished 2-bedroom, 1-bath rental featuring a cozy living room, a fully equipped kitchen, and an in-unit laundry area. This space is ideal for short-term rentals, travel nurses, or extended-stay guests, offering comfort, convenience, and a warm, welcoming layout that feels like home. The second level features another 2-bedroom, 1-bath unit with a beautifully remodeled kitchen, spacious living area, and laundry hookups. This upstairs unit is currently leased to a long-term tenant, providing immediate income for savvy investors.

Both units are filled with natural light and boast fresh updates while still maintaining their original charm. Whether you're relaxing after a day exploring the nearby parks and trails or hosting a few friends for a casual gathering, this duplex offers flexibility, style, and functionality in one of Chattanooga's most desirable and convenient neighborhoods.

Located in the friendly and growing community of Red Bank, this home offers easy access to local restaurants, shops, parks, and entertainment. Whether you're hiking at Stringers Ridge, grabbing a bite at a neighborhood favorite, or commuting downtown, everything you need is just a short drive away. This is a rare opportunity to own a versatile property in a prime location—perfect for house hackers, seasoned investors, or anyone looking to enjoy the best of Chattanooga living.

Both units are tenant occupied on mid term leases. Please submit an offer with a contingency to view. Rents range for $2000+ per month per unit.

No showings until an accepted offer.
Listed by REAL Broker

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 1, 914 sqft

    Price per Sqft $229

    Subdivision Haywood Hgts

    MLS Listing ID 1511051

    Style Other

    Year Built 1968

    Lot Size 0.370 Acres

    Acres 0.37

    Lot Dimensions 100X163.51

    Property Sub-Type Duplex

    Source Greater Chattanooga REALTORS®

  • Location

    State TN

    County Hamilton

    Area 0.37

  • Rooms

    Basement Finished

  • Building

    Lot Description Sloped

    Faces North on Hixson Pike turn left on Haywood Ave, Turn left onto Tanglewood Dr, property will be on the right.

    Story Two

    Foundation Slab

    Sewer Public Sewer

    Water Public

    Architectural Style Other

    Additional Building Other

    Structure Type Brick

  • Interior

    Interior Features Eat-in Kitchen, High Speed Internet, Open Floorplan

    Heating Central, Electric, Natural Gas

    Cooling Central Air, Electric

    Flooring Laminate

    Equipment None

    Fireplace No

    Window Features Aluminum Frames

    Appliance Washer/Dryer, Refrigerator, Oven, Microwave, Free-Standing Refrigerator, Electric Oven, Disposal

    Heat Source Central, Electric, Natural Gas

    Laundry In Kitchen

  • Exterior

    Exterior Feature None

    Parking Features Concrete, Driveway, Off Street, On Street

    Garage Description Concrete, Driveway, Off Street, On Street

    Pool None

    Community Features None

    Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

    Roof Type Shingle

    Porch None

    Garage No

  • Schools

    Elementary Schools Rivermont Elementary

    Middle Schools Red Bank Middle

    High Schools Red Bank High School

  • Others

    Senior Community No

    Tax ID 118p C 025

    Security Features Security System Owned

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

    Special Listing Condition Investor

    Pets Allowed Yes

    Virtual Tour https://my.matterport.com/show/?m=fSc8SZ2tn7Q&brand=0

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CONTACT

Corey Ballew

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