DUPLEX FOR SALE @ 1315 San Hsi Dr, Chattanooga (East Ridge), TN. Ideally located in East Ridge, just minutes from I-75 exit #1 (1st exit in TN), Camp Jordan, Dining, Entertainment, Shopping, & Medical Facilities. This 1984 multifamily duplex property with 1,800 SF features two units, ensuring a comfortable living experience for tenants. The Right side (Unit A) was updated six years ago and includes a new water heater, while the Left side (Unit B) was updated eight years ago. Both units are equipped with newer HVAC systems and appliances, offering efficient and reliable utilities. This duplex also boasts a detached carport/garage combination, providing ample parking and storage space. With long-term tenants in place, the Right side (Unit A) currently rents for $900 monthly and the Left side (Unit B) for $1,100 monthly, both on a month-to-month basis. The seller is offering a $685 First American One-Year Home Warranty to the buyer if requested on an acceptable offer. Showings are by appointment only and will be scheduled after a binding contract is in place during the inspection period (property being sold ''as is''). Take advantage of this incredible investment opportunity in a prime Chattanooga location in the booming East Ridge area! Contact the listing agent for more information and to arrange a showing after the contract is binding.
Duplex available on corner lot in downtown Chattanooga! This is a fantastic opportunity to own a duplex located minutes to UTC, Erlanger and Memorial Hospitals, and City Center. This property offers true 1 bedroom and 1 bathroom units on each side, complete with kitchens, living & dining spaces. The roof was replaced in 2022, along with other interior & exterior updates including new flooring & paint. A new sewer line and hot water heaters were also recently installed. Don't miss this rare opportunity to add a value-add duplex in downtown Chattanooga to your portfolio. This property is occupied. Please do not disturb the tenants. Call if you need more details!
This Duplex, situated at 175 Glenwood Dr, offers a wonderful opportunity to own a piece of real estate in this desirable area. Featuring 5 bedrooms and 2 bathrooms. Apt A has 2 bedrooms 1 bath with living room & Eat In Kitchen, Apt B has 3 bedrooms 1 bath with living room & Eat In Kitchen. The property boasts a total area of 1800 square feet divide up into 2 units. Both units share a basement for storage & 2 separate laundry areas. Both units were just clean up along with fresh paint and floors were redone as well. This location is close to all your amenities & much much more. Don't miss out on the chance to make this Duplex your new home and/or investment. Come see this duplex to see if it's a fit for your next investment or live in half and rent out the other half. Come take a tour of this home, Copy & Paste in for your browser ! - https://view.ricoh360.com/21c2596b-de81-4e1a-8cc8-0ae44e45df1f Also for a Video Tour - https://vimeo.com/990698086
Well-Kept Duplex off Highway 58 Nestled in Lake Shoals Subdivision!
Attention Investors! Prime East Ridge Duplex with Robust Monthly Income Potential Discover a lucrative investment opportunity at 3204 Gleason Dr, an East Ridge duplex currently generating $2,250 in gross monthly rent, with the potential for an impressive $2,400 in total income. Key Features: Current Rental Income: This well-maintained duplex boasts a steady monthly income of $2,250, with units A and B contributing $1,125 each—the potential for increased rent positions this property as an attractive and profitable investment. Property Details: Each two-story unit spans 930 sqft and features two bedrooms and one bathroom. Built-in 1985, these residences offer a comfortable living space with a well-thought-out floor plan. Prime Location: Conveniently located just off I-24 in East Ridge, these properties offer a peaceful residential setting on a tranquil street. Their proximity provides swift access to downtown Chattanooga and the thriving Hamilton Place area, enhancing their appeal to potential tenants. Occupancy and Maintenance: Both units are currently leased, ensuring a stable income stream for the investor. The residences are meticulously maintained, requiring minimal upkeep and offering a hassle-free investment opportunity. Affordable Rental Rates: Positioned on the more affordable side within the neighborhood, the current rental rates allow for potential increases, providing flexibility for optimizing returns. The seller requests the highest and best offer by Monday, December 18 2023, at 5:00 p.m. (EST). Time-Limit Responses by 11:00 a.m of December 19. The seller retains the right to accept an offer at any time. Note: The seller wants to avoid dealing with escalating offers. Please advise your clients to submit their highest and best offer
Attention Investors! Prime East Ridge Duplex with Strong Rental Potential. Welcome to 3206 Gleason Dr, a lucrative investment opportunity in East Ridge, Chattanooga. This well-maintained duplex currently generates $1,925 in gross monthly rent, with the potential for an impressive $2,400 in total income. Key Features: Current Rental Income: The property presently yields $1,925 in gross monthly rent, with unit A fetching $1,125 and unit B contributing $800. However, there is untapped potential for increased rent, positioning this duplex as an attractive investment. Property Details: Each two-story unit spans 930 sqft and features two bedrooms and one bathroom. Built-in 1985, these residences offer a comfortable living space with a well-thought-out floor plan. Prime Location: Conveniently located just off I-24 in East Ridge, these properties offer a peaceful residential setting with swift access to downtown Chattanooga and the bustling Hamilton Place area. This prime location enhances the property's appeal to potential tenants. Occupancy and Maintenance: Both units are currently leased, ensuring a steady income stream for the investor. The residences have been well-maintained, requiring minimal upkeep and providing a hassle-free investment opportunity. Affordable Rental Rates: The current rental rates are positioned on the more affordable side within the neighborhood, allowing for potential increases in line with market trends. This flexibility provides room for optimizing returns. The seller requests the highest and best offer by Monday, December 18 2023, at 5:00 p.m. (EST). Time-Limit Responses by 11:00 a.m of December 19. The seller retains the right to accept an offer at any time. Note: The seller wants to avoid dealing with escalating offers. Please advise your clients to submit their highest and best offer
Occupied by tenants, please be respectful of tenants' rights and do not go on to the property. No sign on the property. No showings until an acceptable offer has been negotiated. This 5 year-old duplex is impeccably maintained, with just minimal maintenance requirements. Each unit includes three spacious bedrooms, 2.5 bathrooms, separate kitchens, and inviting living areas. Nestled on a relatively private cul-de-sac street, the property offers individual driveways for each unit, offering ample off-street and on-street parking. With laundry conveniently located on the bottom floor, this residence is an excellent option for astute investors seeking a profitable opportunity or individuals interested in purchasing a duplex to rent out one side and offset their mortgage.
The median home value in Chattanooga, TN is $343,000. This is higher than the county median home value of $285,200. The national median home value is $338,100. The average price of homes sold in Chattanooga, TN is $343,000. Approximately 46.21% of Chattanooga homes are owned, compared to 43.33% rented, while 10.47% are vacant. Chattanooga real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chattanooga real estate agent to arrange a tour today!
Chattanooga, Tennessee has a population of 180,353. Chattanooga is less family-centric than the surrounding county with 22.87% of the households containing married families with children. The county average for households married with children is 27.75%.
The median household income in Chattanooga, Tennessee is $50,437. The median household income for the surrounding county is $61,050 compared to the national median of $69,021. The median age of people living in Chattanooga is 36.7 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 28.9 degrees. The average rainfall is approximately 51.1 inches per year, with 1.5 inches of snow per year.