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This brick duplex offers strong potential for increased cash flow with strategic updates. Located along Jersey Pike near Bonny Oaks, just 4 miles from Volkswagen and Amazon, this property is ideally positioned for rental demand. Each unit features 2 bedrooms and 1 bathroom with a level front and back yard. One unit is currently tenant-occupied at $932/month with a long-term lease in place. With HUD Fair Market Rent in 37416 at $1,420 per unit, there's potential for a Gross Monthly Rent of $2,840 once both units are optimized. To unlock full rental potential, the interiors need cosmetic updates"”flooring, paint, appliances"”as well as some exterior improvements to boost curb appeal and property value. We have added some virtual renderings to show the potential. Whether you're looking to renovate and hold or add to your portfolio with upside potential, this duplex is ready for its next chapter. The vacant unit can be shown and tenant occupied unit may only be shown after an accepted offer. Please do not disturb tenants.
Property Type(s):
Multi Family
| Last Updated | 4/8/2025 | Tract | None |
|---|---|---|---|
| Year Built | 1966 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Harrison Elementary |
|---|---|
| Jr. High School | Brown Middle |
| High School | Central High School |
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | None |
| AREA | Chattanooga |
| CONSTRUCTION | Brick |
| EXTERIOR | None |
| HEAT | Central, Electric |
| LOT | 0.31 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Level |
| LOT DIMENSIONS | 87.5X150 |
| PARKING | Off Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | None |
| TAXES | 2423.14 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listing Courtesy of Real Broker
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.
Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.
This site was last updated on 5/17/25 3:34 AM PDT
Copyright© 2002 by Chattanooga Association of REALTORS®
This IDX solution is (c) Diverse Solutions 2025.
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