2 months on rocket

1845 Dana Ln, Hixson, TN, 37343

$525,000

Home List Price

$6,234*

Closing Credit

0 Baths
4,260 SqFt
$123/SqFt
Multi

Location

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1845 Dana Ln, Chattanooga$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingDriveway, On Street
Year Built1969
HeatingBaseboard, Central, Electric
CoolingCentral Air, Electric, Wall Unit(s), Window Unit(s)
BasementYes
MLS #1500102
Lot Size0.22 Acres
StatusActive

About 1845 Dana Ln

Welcome to this well-maintained quadplex in the convenient location of Hixson, TN! Whether you're a savvy investor or a homeowner seeking a smart financial move, this versatile property offers a unique opportunity. As an investor - you have a turn-key vacant unit ready for you to place your ideal tenant. As an owner-occupant - with three units already occupied you have the ability to start earning rental income immediately while enjoying a comfortable home. The property offers the perfect balance of personal space and investment opportunity. Just a short drive from downtown Chattanooga, this quadplex is close to local amenities, schools, shopping centers, and major highways, making it a desirable location for tenants and owner-occupants alike. The 2 units on the main floor consist of 2 bedrooms and 2 full bathrooms with the opportunity to convert the basement areas into a third bedroom or efficiency suite. The 2 basement units each consist of 1 bedroom 1 bathroom. Call now for more info and to book your showing! (For additional photos/video of occupied units, please text listing agent Heidi Rau at 423-987-8018).

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1969
  • Living Area: 4,260 SqFt

Listing Office:

  • Office Name: RE/MAX Ambassadors
  • Office Phone: (423) 654-7535

Interior Features

Interior Information:

  • Appliances: Washer/Dryer, Electric Range, Dishwasher
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Street

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Central, Electric
  • Cooling: Central Air, Electric, Wall Unit(s), Window Unit(s)

Other

Directions Information:

  • Directions: North Dayton Blvd, Right Appian Way, Right Delashmitt, Right Cary Ln, Left Dana.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $123/SqFt

Tax Information:

  • Annual Amount: $3,442
  • 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

$329.3K

Med. Price/SqFt

$199

Avg. Days On Market

35

# of Sold Homes

345

1845 Dana Ln vs Chattanooga

65 DAYS ON ROCKET

+30 Days

$525,000

+$195.6K More

$123/SqFt

-$76 Less

KEY TAKEAWAY

This property is $195.6K more than the Median Sold Price and $76/SqFt less than other homes in Chattanooga, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1500102

Listing Office:

  • Office Name: RE/MAX Ambassadors
  • Office Phone: (423) 654-7535

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: 11/21/2024, 5:20:57 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

May 12, 2021Home Sold
$338,000
Dec 10, 1993Home Sold
$71,900

Tax History

YEARPROP. TAXASSESSMENT
2020$3,442$65,240
2019$1,804$65,240
2017$1,804$65,240

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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.

Nearby Schools

school-card-donut-377588
6
/10

  • Alpine Crest Elementary School

  • 4700 Stagg Rd

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-377589
5
/10

  • DuPont Elementary School

  • 4134 Hixson Pike

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-377590
5
/10

  • Rivermont Elementary School

  • 3330 Hixson Pike

  • 1.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,602. Most Chattanooga, TN residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Hamilton County›Chattanooga›37343›1845 Dana Ln

This home is located at 1845 Dana Ln in Hixson, TN and zip code 37343 in the Lupton City / Norcross neighborhood. This 4,260 square foot home, which was built in 1969, sits on a 0.22 acre lot. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $525,000.

While more than 54 listings in Chattanooga, TN in October 2024 were sold above asking price, there were more than 108 listings sold at asking price, and more than 181 were sold below. The inventory of homes for sale in Chattanooga, TN between September 2024 and October 2024 decreased by 0.3%. The median list price of listings available in October 2024 was $329,348, while the average time on the real estate market was 35 days.

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

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