3971 Teakwood Drive Chattanooga, TN 37416

Multi-Family (2-4 Units) MLS #: 1503684 Courtesy Of Keller Williams Realty

$269,000

1,920 sq ft
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Est. Property Tax: $2,423
Estimated monthly payments: $1,378/mo.* (recalculate)

Property InformationDescription

Immediate Cash flow opportunity!!! Teakwood Dr. is located in the Harrison area, near the shores of Chickamauga Lake. This is a brick duplex, located off of Hwy 58 near Hwy 153. Each unit has all appliances and of course this area offers some lovely neighborhood amenities. A few luxuries of Lakeshore Heights include Booker T Washington State Park, where there is access to fishing, hiking, and boating on the lake. Shopping is very convenient being near FoodCity, Neighborhood Walmart, and only 15-20 minutes from Northgate Mall. Also, schools zoned for this area are great. This could be a great investment property with about 2,200 per month of total rental income. This 2bd 1bath per unit-duplex has potential to be a very attractive investment for a very attractive price! Please Do Not Disturb Tenants! All details are deemed reliable but not guaranteed. Buyers are encouraged to verify any information critical to their purchase, including but not limited to schools, covenants and restrictions, square footage, and zoning.
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Features

  • Age: Over 50 Years Old
  • Amenities: Porch, Patio
  • Appliances: Cooktop, Cooktop - Electric, Dishwasher, Refrigerator, Washer
  • Architecture Style: Other
  • Exterior Type: Brick, Concrete
  • Floor Covering: Vinyl
  • Heating System: Central Furnace

MAP & DIRECTIONS

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3971 Teakwood Drive, Chattanooga, TN 37416
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School Information

3971 Teakwood Drive, Chattanooga, TN 37416

Elementary School
Grades PK-5 | Public School
HARRISON ELEMENTARY SCHOOL
Harrison, TN 37341
5637 Highway 58
423.­344.1428
Distance: 2.8 mi
School Rating
D
Student:Teacher Ratio
13:1
Total Students
664
Middle School
Grades 6-8 | Public School
BROWN MIDDLE SCHOOL
Harrison, TN 37341
5716 Highway 58
423.­344.1439
Distance: 2.9 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
424
High School
Grades 9-12 | Public School
CENTRAL HIGH SCHOOL
Harrison, TN 37341
5728 Highway 58
423.­344.1447
Distance: 3.1 mi
School Rating
C-
Student:Teacher Ratio
13:1
Total Students
763
Other Nearby Schools Distance Type Grades School Rating
Lakeside Academy 0.5 mi Public PK-5
Hamilton County Virtual School 2.3 mi Public KG-12 D+
Hamilton County Collegiate High At Chattanooga State 2.8 mi Public 9-12 A
Tyner Middle Academy 2.8 mi Public 6-8 D+
Tyner Academy 2.9 mi Public 9-12 C-
Big Ridge Elementary School 3.0 mi Public KG-5 B+
Bethel Christian Academy 3.2 mi Private 6-12
Hickory Valley Christian School 3.2 mi Private PK-5
Bess T. Shepherd Elementary School 3.2 mi Public KG-5 C
Stem School Chattanooga 3.3 mi Public 9-12 A
Silverdale Baptist Academy 3.4 mi Private PK-12
Annoor Academy Of Chattanooga 3.8 mi Private PK-8
Boyd Buchanan School 4.0 mi Private PK-12
Dupont Elementary School 4.1 mi Public KG-5 C+
Dalewood Middle School 4.1 mi Public 6-8 D-
Hardy Elementary School 4.5 mi Public PK-5 C-
Hixson Middle School 4.6 mi Public 6-8 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Chattanooga, TN 37416

Median Age: 38.4
Married: 44%
Number of Households: 6,603
Households with Children: 24.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.