About This Home

This 5-bedroom, 5-bathroom multi-family at 1418 Stratton Place Drive in Chattanooga, TN is listed for $405,000 ($156 per sqft). Built in 1980, the home offers 2,600 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1980
  • 0.30 acre lot
  • 2 stories

Property Details

2 stories
5 full
1980

Amenities

A/C
Listing Description

Located in highly desirable East Brainerd area, this cash flowing duplex combines everyday convince with strong rental income. Both unites feature newer roof, new siding and newer HVAC. Unite A (3BR/3BA) with rent at $1,200/month. Unit B (2BR/2BA) with rent at $1,050/month.

Combined gross rental income of $2,250/month. The main level of each unit features a spacious living room, kitchen, half bath and laundry room, while all the bedrooms and full bath are located upstairs. Outside, each unit offers a welcoming covered porch and designated off street parking, private rear access, individual decks and storage rooms. Enjoy easy access to major freeways, plus close proximity to shopping, dining, grocery stores, and everyday essentials, a prime spot for all.

Monthly Cost Estimate

$2,166/mo

20% down · 6.5% · 30 years

Principal$293
Interest$1,755
Insurance$118

Estimates only. Actual payments may vary.

Location

1418 Stratton Place Drive

Chattanooga, TN 37421

Stratton Place

Property Details

Flooring

GraniteVinylCarpet

Construction

Brick

Outdoor Features

PorchPatioDeck

Parking

Off Street

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Questions & Answers

This 5-bedroom, 5-bathroom multi-family at 1418 Stratton Place Drive is listed at $405,000 ($156/sqft). The estimated monthly payment is $2,166 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1980, 0.30 acre lot, 2 stories.

This property is listed by Kidist Asay.

KA

Kidist Asay

License TN358452

Agent at Keller Williams Realty

Listed by Keller Williams Realty · Broker phone: (423) 664-1600 · View on Broker Site · Broker website

MLS# 1542840· Source: Greater Chattanooga Association of REALTORS· 47 days on PropertySimple

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1418 Stratton Place Drive, Chattanooga, TN 37421

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