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Backup Offers

449 Lullwater Road, Chattanooga, TN, 37405

$138,999

Home List Price

$1,651*

Closing Credit

0 Baths
1,716 SqFt
$81/SqFt
Multi
Schools Nearby

Location

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449 Lullwater Road, Red Bank$138,999

Buyer Closing Credits

$1,651*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street Parking
Year Built1940
HeatingCentral, Multi Unit(s)
CoolingCentral Air, Multi Unit(s)
MLS #1299804
Lot Size0.57 Acres
StatusAccepting Backup Offers
(Contingent)

About 449 Lullwater Road

This duplex, located minutes from downtown Chattanooga is already a cash-flowing investment. Owner completed some renovations in 2018, including updates to the HVAC units. Total rent on this occupied duplex is $1,400 per month. Possible room to add more units behind existing units. Buyer to verify. This duplex can be packaged together with a house, garage apartment and storage unit investment located in the highly desirable 37421 ZIP code on East Brainerd Road. Get in touch with the listing agent for details about this exciting opportunity.Tenant occupied. Please do not disturb the tenants without a scheduled showing. Agent is related to seller.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Level
  • Year Built: 1940
  • Stories: 1
  • Living Area: 1,716 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Central, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s)

School Info

Assigned Schools Information:

  • Red Bank 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
  • Red Bank Middle School, Public District Grades 6-8
  • Red Bank Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Turn left on Lullwater Rd. Duplex is located about a mile off of Dayton Blvd. on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $138,999
  • Price Per SqFt: $81/SqFt
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Housing Market Comparison

See how this home compares to others in Red Bank, TN.

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Red Bank, TN

City

Med. Sold Price

$305K

Med. Price/SqFt

$215

Avg. Days On Market

5

# of Sold Homes

20

449 Lullwater Road vs Red Bank

1808 DAYS ON ROCKET

+1803 Days

$138,999

-$166K Less

$81/SqFt

-$135 Less

KEY TAKEAWAY

This property is $166K less than the Median Sold Price and $135/SqFt less than other homes in Red Bank, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1299804

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: 4/25/2024, 12:55:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$483

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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-183678
4
/10

  • Red Bank Elementary School

  • 1100 Mountain Creek Rd

  • 1.27 miles

  • Public District Grades PK-5

Middle School

school-card-donut-183679
3
/10

  • Red Bank Middle School

  • 3701 Tom Weathers La

  • 2.14 miles

  • Public District Grades 6-8

High School

school-card-donut-183680
4
/10

  • Red Bank High School

  • 640 Morrison Springs Rd

  • 2.28 miles

  • Public District Grades 9-12

school-card-donut-183681
7
/10

  • Chattanooga School for The Arts and Science Upper School

  • 865 E 3rd St

  • 3.26 miles

  • Public District Grades 6-12

school-card-donut-183682
8
/10

  • STEM School Chattanooga

  • 4501 Amnicola Hwy

  • 4.75 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 $29,167. Most Red Bank, TN residents have annual incomes less than $35k. The most common type of family is 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›Red Bank›37405›449 Lullwater Road

This home is located at 449 Lullwater Road in Chattanooga, TN and zip code 37405. This 1,716 square foot home, which was built in 1940, sits on a 0.57 acre lot. It has been listed on Rocket Homes since May 14, 2019 and is currently priced at $138,999.

While more than 2 listings in Red Bank, TN in March 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 13 were sold below. The number of listings in Red Bank, TN increased by 18.9% between February 2024 and March 2024. Listings spent 5 days on the market in March 2024, and had a median list price of $305,000 during the same period.

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

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