Rarely do duplexes come available for sale in the Collegedale Apison area. You have the opportunity to purchase not 1 duplex, but a package together of 4 duplexes (MLS#s: 8619, 1518620, 1518621, & 1518622) 8 units total, in this sought after market Seller is offering all 4 together as a package deal only. They are on separate lots, and you can separate them once you are the fortunate new owner. The package includes 5102 and 5106 Jackson Rd for a total of 4 units with 2 bedroom 1 bath units each, and 5073 and 5077 Old Jackson Rd for a total of 4 units with 1 bedroom 1 bath each. As a bonus, the 1 bedroom units each have attached garages. 5073 old Jackson Rd has basement garages and 5077 have main level garages. All 8 units come with refrigerator, range, washer, and dryer. All 8 units with the exception of the Right unit at 5106 Jackson Rd (see below) have Tenants with leases expiring 8/31/2026 with GMI of $7150.00. Due to them all being long-term tenants, current leases are not at full market potential. 2025 Housing authority standards are $1350 for 1 bedroom and 1500 for 2 bedroom in the area with other area 1 bedroom and 2 bedroom apartments being more. Right unit of 5106 vacant the end of July, and Seller is in process of full renovation of the unit. All roofs are new within the past 6 years. The HVAC systems in all the old Jackson Rd units have been replaced in the last 1 to 5 years. Some of the water heaters have been replaced recently. Property taxes are estimated based on 2025 assessment. Please Do Not Disturb tenants. A Realtor appointment is required for outside tour of the grounds. Seller has not toured the units recently, but will answer any questions as much as possible prior to an interior inspection with the intent to minimize disruptions for the tenants. Seller requires pre-approval letter OR proof of funds AND accepted Letter of Intent OR Contract for Interior tour and inspections.

This is an Active listing.

Broker Office Phone Number: 423-894-2900

Copyright © 2025Greater 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.