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Listed by Kim Doremus • Greater Chattanooga Realty, Keller Williams Realty
$274,900
Est. payment /mo
1,600 SqFt
New
354 Poplar Street Soddy Daisy, TN 37379
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $171
MLS Listing ID 3634564
HOA Y/N No
Year Built 1950
Annual Tax Amount $1,247
Lot Dimensions 81x216x84x222
Property Description
LIVE IN ONE, RENT THE OTHER, NOW WITH A SELLER CREDIT OF UP TO $6,300 TOWARD THE BUYER'S RATE BUYDOWN OR CLOSING COSTS. Duplexes rarely come on the market in Soddy Daisy, and 354 Poplar Street offers two separate homes on one lot, approximately 1,600 total square feet, separate utility meters, an existing tenant and a vacant unit ready for its next occupant. UNIT B | 2 BEDROOMS + 1 BATH: Freshly painted, cleaned and vacant, Unit B has its own living room and kitchen and is move-in ready today. Move in yourself, or choose your next tenant. UNIT A | 3 BEDROOMS + 1 BATH: Previously updated and currently tenant occupied, Unit A has its own living room and kitchen. The tenant plans to move out in spring 2027, so the next owner has rental income now and the choice later to re-rent at today's rates or move into the larger unit. SEPARATE METERS + INDIVIDUAL STORAGE: Each residence is separately metered, keeping utility responsibilities clearly defined, and each has its own detached storage shed. A SETTING THAT STANDS OUT: Ample off-street parking, a large backyard and beautiful mountain views make this a quiet, peaceful place to live, and help it stand apart from other rentals. FOR THE FIRST-TIME BUYER: Living in one unit while the other helps pay the mortgage is one of the smartest ways to start building wealth through real estate. Ask your lender about owner-occupant loan options for two-unit properties. FOR THE INVESTOR: Two income streams, separate meters, an in-place tenant and a vacant unit ready to lease. Comparable two-bedroom rentals in the area lease for about $1,100 to $1,250 a month. Offered at $274,900 with a seller credit of up to $6,300. Unit B is available to tour now. Schedule your showing today.
Location
State TN
County Hamilton County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Vinyl, Other
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N true
View Mountain(s)
Roof Type Other
Private Pool false
Building
Story 1
Sewer Septic Tank
Water Public
Structure Type Vinyl Siding,Other
New Construction false
Schools
Elementary Schools Daisy Elementary School
Middle Schools Soddy Daisy Middle School
High Schools Soddy Daisy High School
Others
Senior Community false
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