5727 N Morgan Lane
Chattanooga, TN 37415
- – beds
- – baths
- 3,112 sqft
- 14,810 sqft lot
- $210 per sqft
- 1960 build
- – on site
Welcome to 5727 North Morgan Lane, Chattanooga, TN—an exceptional investment opportunity offering consistent income potential. This recently renovated property comprises three 2-bedroom units and one 1-bedroom units, totaling 3112 square feet of living space. The entire building and individual units have undergone professional updates and renovations within the past year - see attached documents for details. Each unit features a back porch, inviting tenants to unwind and enjoy the outdoors, complemented by a generous lot that enhances the property's appeal. With tenants already in place, this investment ensures a steady financial return. Detailed rent rolls and further information are available upon request to serious buyers, currently grossing almost $4k per month.. Incredible opportunity to own a well-maintained, income-generating property in a desirable location in Chattanooga, TN.
Last checked:
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Last updated May 4, 2025
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MLS# 1512130 —
The Building
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Year Built:1960
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New Construction:false
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Builder Name:None
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Structure Type:Quadruplex
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Construction Materials:Other
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Stories:2
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Stories Total:None
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Roof:Shingle
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Basement:false
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Exterior Features:Balcony
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Patio And Porch Features:Deck, Patio
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Building Area Total:3112.0
Interior
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Furnished:None
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Fireplace:false
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Laundry Features:Common Area, Lower Level
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Zoning Description:None
Room Dimensions
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Living Area:3112.0
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Living Area Units:None
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Living Area Source:Appraiser
Location
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Directions:From US-27 North, take the Morrison Springs Rd Exit & turn right; Turn left on Dayton Blvd; Go 2.9 miles and turn Right onto N Morgan Lane.
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Latitude:35.154578
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Longitude:-85.26547
The Property
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Parcel Number:099c C 007
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Property Condition:Updated/Remodeled
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Direction Faces:None
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Possible Use:None
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Other Structures:None
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Lot Size Acres:0.34
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Lot Size Area:0.34
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Lot Size Dimensions:191.7X178
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Lot Size SqFt:14810.4
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Lot Size Units:Acres
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Lot Size Source:None
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Zoning:None
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Topography:None
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View:false
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Pool Private:No
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Waterfront:false
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Road Surface Type:Asphalt
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (615) 425-6976
- Office phone:
- (615) 475-5616
Taxes
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Tax Legal Description:LOT 24 HETZEL PB17 PG50 VANDERGRI FF FARM N/R
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Tax Annual Amount:2907.77
Baths
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
Heating & Cooling
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Heating:Ductless
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Heating:true
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Cooling:Multi Units
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Cooling:true
Utilities
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
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Green Energy Generation:None
Appliances
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Appliances:Refrigerator, Electric Oven, Dishwasher
Schools
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Elementary School:Hixson Elementary
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Elementary School District:None
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Middle Or Junior School:Red Bank Middle
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Middle Or Junior School District:None
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High School:Red Bank High School
The Community
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Subdivision Name:Hetzel
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Senior Community:false
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pool Features:None
Parking
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Attached Garage:false
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Parking Features:Driveway, Parking Lot
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/1/25
May 1, 2025
|
Listed / Active | CHTMLS | $655,000 | 28.9% (25.5% / YR) |
|
3/13/24
Mar 13, 2024
|
REALTRACS | $508,000 |
