4107 Cherryton Drive, Chattanooga, TN 37411

$293,000
: 4
BD
: 2
BA
: 1,940
SqFt

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List Price: $293,000
Status: CONTINGENT
MLS#: 1541413
Subtype: Residential Income
Year Built: 1966
Bedrooms: 4
Bathrooms: 2
Living Area: 1,940
Lot Size: 10,890
Acres: 0.25
Subdivision: Gillespe Terr

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Property Description

Live in one side, let the other pay (or nearly pay) the mortgage. This is a one-of-a-kind, fully updated all brick duplex sitting on a quiet single-family street in Brainerd -- not a typical multi-family block. Each side offers a spacious ~950 sq ft, 2-bed / 1-bath layout with modern kitchens featuring stainless steel appliances, new LVP and carpet flooring, large laundry rooms with hookups, dishwashers, ample storage, well-insulated walls between units, and a large front porch with stylish pergola. Recent upgrades include newer windows, electrical, gutters, architectural roof shingles, freshened landscaping, and designated parking. The expansive unfinished basement/utility garage adds real upside -- finish it for extra living space, convert to a two-car garage, or keep it for storage. The .25-acre lot has additional rear road frontage with possible ADU potential. Strong rental demand (recent rents in the $1,350-$1,400 range per unit) and low turnover potential make this ideal for a first-time or house-hacking investor who wants to buy, move into a remodeled home, and have the second unit help cover the payment while building equity in a walkable, low-traffic neighborhood with good resale characteristics.

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