1400 Dodson AvenueChattanooga, TN 37404Price: $198,000

FOR SALE AS IS- VALUE-ADD INVESTMENT OPPORTUNITY: Rare opportunity to acquire a value-add investment property with built-in income potential. This 4-bedroom, 3 bath home with approximately 2259 sq ft is already seperately metered for two units andoffers the potential to be reconfigured into a 5-bedroom residence OR a 3-unit rental, making it an ideal project for investors seeking strong returns. The main level features 2 bedrooms, 2 baths, 2 separate living areas, a formal dining room and a den, allowing flexible reconfiguration and additional bedroom or unit potential. The attached upper-level suite includes two bedrooms, one bathroom, a living room and laundry hookups, making it well suited for a long-term rental, short-term rental or a mother in law suite. Additional highlights include a crawl space foundation, onsite covered parking and a charming covered front porch with stone accents-adding curb appeal that enhances resale or rental value. While the property requires renovation, it represents a true value-add opportunity with multiple exit strategies; renovate and resell, hold as a multi-unit rental, or convert into a 3-unit income producing asset. Buyer to verify all information.