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Backup Offers

1203 Rockway Dr, Chattanooga, TN, 37411

$255,000

Home List Price

$3,028*

Closing Credit

0 Baths
1,881 SqFt
$136/SqFt
Multi
Schools Nearby

Location

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1203 Rockway Dr, Chattanooga$255,000

Buyer Closing Credits

$3,028*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street Parking
Year Built1940
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1389199
Lot Size0.68 Acres
StatusAccepting Backup Offers
(Contingent)

About 1203 Rockway Dr

This conveniently located and fully updated triplex could be your next investment opportunity! The two top units have been completely renovated and offer ample space with a spacious living room and kitchen, along with two bedrooms and a full bathroom. A new HVAC and entirely new interiors have been added. The third unit downstairs is currently unfinished and ready to be turned into additional livable space. The property has 3 separate meters. It offers a great opportunity to effectively double your square footage and generate more income once it is completed. The property is zoned R3 and can be used as a triplex. It is ready for its next owner!*Tenant occupied. No showings until an offer is accepted!**Buyer to verify all pertinent info, including zoning and utility info, with the City of Chattanooga

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Level
  • Year Built: 1940
  • Stories: 2
  • Living Area: 1,881 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Brainerd High School, Public District Grades 9-12
  • Chattanooga School for The Arts and Science Upper School, Public District Grades 6-12
  • STEM School Chattanooga, Public District Grades 9-10
  • Dalewood Middle School, Public District Grades 6-8
  • Hardy Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head East on Main Street, turn left onto Dodds avenue, turn right onto Oak St, turn left onto Rockway Dr. The destination is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $255,000
  • Price Per SqFt: $136/SqFt

Tax Information:

  • Annual Amount: $1,362
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Chattanooga, TN.

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Chattanooga, TN

City

Med. Sold Price

$327.2K

Med. Price/SqFt

$193

Avg. Days On Market

24

# of Sold Homes

362

1203 Rockway Dr vs Chattanooga

38 DAYS ON ROCKET

+14 Days

$255,000

-$72.2K Less

$136/SqFt

-$58 Less

KEY TAKEAWAY

This property is $72.2K less than the Median Sold Price and $58/SqFt less than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1389199

Listing Office:

  • Office Name: Keller Williams Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 11:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 13, 2006Home Sold
$12,000
Jun 06, 2005Home Sold
$29,568

Tax History

YEARPROP. TAXASSESSMENT
2020$1,362$24,000
2019$663$24,000
2017$664$24,000

History based on county public records data.

Payment Calculator

$1,340

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$831

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6720624
3
/10

  • Hardy Elementary School

  • 2100 Glass St

  • 1.53 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6720625
2
/10

  • Dalewood Middle School

  • 1300 Shallowford Rd

  • 1.18 miles

  • Public District Grades 6-8

High School

school-card-donut-6720626
2
/10

  • Brainerd High School

  • 1020 N Moore Rd

  • 1.73 miles

  • Public District Grades 9-12

school-card-donut-6720627
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 3.02 miles

  • Public District Grades 6-12

school-card-donut-6720628
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 3.90 miles

  • Public District Grades 9-10

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,864. Typical income of Chattanooga, TN residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37411›1203 Rockway Dr

This home is located at 1203 Rockway Dr in Chattanooga, TN and zip code 37411 in the Glenwood / Eastdale neighborhood. This 1,881 square foot home, which was built in 1940, sits on a 0.68 acre lot. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $255,000.

In April 2024, from all listings sold in Chattanooga, TN there were more than 96 sold above asking price, over 140 sold below and more than 126 were sold right at the asked price. The number of listings in Chattanooga, TN increased by 4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $327,210, while the average time on the real estate market was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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