For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
1,787
acreage
Acreage
0.31
open houses
Open Houses
-
year built
year built
1966
full baths
Full Baths
0
half baths
Half Baths
0
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.
Location
Subdivision -
County Hamilton
Elementary School Harrison Elementary
Middle School Brown Middle
High School Central High School
open houses Open houses
None scheduled.
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MLS number: 1510597
Listing agent: Corey Ballew
Listing broker: Real Broker, Llc (844) 591-7325
Copyright © 2025 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, April 8 2025 at 4:09 p.m. EDT
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