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About This Home
This 4-bedroom, 2-bathroom residential multi family at 3626 Tanaka Trail in Chattanooga, TN is listed for $165,000 ($106 per sqft). Built in 1950, the home offers 1,560 sqft of living space on a 1.00 acres lot.
Each side offers 2 bedrooms and 1 bath, with recent rental history of $1,050/month and $1,064/month. The property is not currently rent-ready and will need interior improvements, but it offers a clear opportunity for an investor or owner-occupant to renovate, reposition, and work toward stronger rental performance.
A nearby fully renovated duplex on Tanaka Trail recently rented for $1,175 per side, providing a helpful benchmark for potential upside after improvements. Based on a similar sale on the same street, the after-repair value could be around $280,000+. Recent exterior updates include paint, handrails, and lighting in 2023, plus a new roof in 2025.
Right unit: Central HVAC and ductwork added in 2019. Water heater is located in the rear attached shed. Left unit: Features electric wall heaters and tenant-supplied window AC. Water heater is located in the kitchen. This property is best suited for buyers looking for a renovation project with rental upside, equity potential, and flexibility on a 1-acre lot. Please see plat page/map to verify property/state line.
Key Features
- Built in 1950
- 1.00 acre lot
Property Details
Amenities
Monthly Cost Estimate
$882/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3626 Tanaka Trail
Chattanooga, TN 37404
Cherokee Hills
Features & Amenities
Interior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 3626 Tanaka Trail is listed at $165,000 ($106/sqft). The estimated monthly payment is $715 based on 20% down at 6.5% interest.
Key features include: Built in 1950, 1.00 acre lot. Interior Features: Open Floorplan.
This property is listed by Rik Hunter and can be reached at 6088867630 or rei.prof3ssor@gmail.com.
