PRODUCING OVER $4,000 IN MONTHLY RENTAL INCOME! This fantastic duplex is located in the heart of Red Bank just minutes from Downtown Chattanooga. With a lease already in place for one unit and the other used as a successful midterm rental, this is a no brainer for any investor looking to start or expand their Chattanooga portfolio. This could also be a great fit for a financially savvy homeowner. The property is situated on a huge lot and includes a large outbuilding and could potentially accomodate an additional ADU for someone desiring to add an additional rental unit. It offers an 8 year old metal roof, modern kitchen appliances, a new water heater in unit A, renovated bathroom in unit A, new gutter guards, and many additional improvements and upgrades throughout. Property is tenant occupied. No showings until contract is accepted.
Sold for $420,000 on 02/25/25
$420,000
3207 Joselin Ln, Chattanooga, TN 37415
4beds
1,920sqft
Duplex
Built in 1970
-- sqft lot
$416,000 Zestimate®
$219/sqft
$1,361 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: February 26, 2025 at 11:28am
Listed by:
Matthew Macaulay 925-234-6847,
REAL Broker
Bought with:
Todd Maynor, 362266
Horizon Sotheby's International Realty
Source: Greater Chattanooga Realtors,MLS#: 1505849
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Central Air, Electric
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,920
- Total interior livable area: 1,920 sqft
Property
Parking
- Parking features: Off Street
Lot
- Size: 0.26 Acres
- Dimensions: 85 x 135
Details
- Parcel number: 118h F 004
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chattanooga
- Subdivision: Tiktin Court
Other
Other facts
- Listing terms: Cash,Conventional
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Estimated market value
$416,000