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Middle Valley Duplex Opportunity - Priced at $240,000! Unlock incredible equity and immediate income with this ideally located Middle Valley duplex. Offered at $240,000, this property is a fantastic find for savvy investors or an owner-occupant looking to live on one side while generating rental income from the other. Each side features a functional 2 bedrooms and 1 bath layout. Both sides are currently occupied by month-to-month tenants, providing you with immediate cash flow from day one. Bring your updates and renovations to maximize your return on investment. It is the perfect project for a buyer looking to add sweat equity, renovate at their own pace, and command top-of-market rental rates in the future. Located just minutes from schools, shopping, grocery, and dining. Convenient off-street parking available for both units. Don't miss out on a rare chance to buy into the Middle Valley market at an accessible price point with built in income. Interior views are available after an accepted offer. Please do not disturb the tenants. Contact listing agent for more information. There are no interior pictures at this time. 8218, 8234 Middle Valley Road and 1004, 1006 Central Drive offered as a package deal for $995,000.

Highlights

  • Residential Income
  • Duplex
  • Built in 1973
  • 0.3 Acre Lot
  • 6 days on Market

  • Bedrooms
    4
  • Bathrooms
    2
  • Year Built
    1973
  • Stories
    1.0
  • Architectural Style
    Ranch
  • Construction Materials
    Brick, HardiPlank Type
  • Foundation
    Slab
  • Parking Features
    Driveway
  • Living Area
    1844.0
  • Appliances
    Dishwasher, Refrigerator, Free-Standing Electric Range
  • Flooring
    Carpet, Linoleum, Combination
  • Patio And Porch
    Front Porch
  • Cooling
    Central Air
  • Heating
    Electric, Central
  • Basement
    None

  • Acres
    0.3
  • Lot Features
    Back Yard
  • Water
    Public

  • Area
    County
  • County
    Hamilton
  • City
    Hixson
  • Neighborhood
    Chatt Garden Farms
  • Zip Code
    37343
  • High School
    Soddy-Daisy High
  • Middle School
    Loftis Middle
  • Elementary School
    Middle Valley Elementary

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Frequently Asked Questions

How do I schedule a tour of 1004 Central Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1004 Central Dr.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 1004 Central Dr?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 2 bath, listed for $240,000. We can talk through recent upgrades, potential seller motivation, how this duplex compares to others in Hixson, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 1004 Central Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 1004 Central Dr at around $1,507. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 1004 Central Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hamilton County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 1004 Central Dr?

In most cases, yes. Whether 1004 Central Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hixson's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 1004 Central Dr?

We can handle that for you. Our preferred local agent specializes in residential incomes in Hixson and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $240,000 with 1,844 sqft of space—that comes out to approximately $130 per square foot.

How long has this property been on the market?

1004 Central Dr was listed on November 03, 2026, which means it's been on the market for 6 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1973, making it approximately 53 years old.

What is the lot size of this property?

1004 Central Dr sits on a 0.3-acre lot, which is 13,068 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Middle Valley Elementary
  • Middle: Loftis Middle
  • High: Soddy-Daisy High

Want to see how these schools compare? Check out our Hamilton County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 1004 Central Dr?

The most recent public record shows annual property taxes for 1004 Central Dr were approximately $1,691. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 1004 Central Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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The data relating to real estate for sale on this website 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 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. Information deemed reliable but not guaranteed. Continental Real Estate Group, Inc does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.