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Sold for $312,500 on 12/03/24
  • $312,500

    3458 Lamar Ave, Chattanooga, TN 37415

    4beds
    2,000sqft
    Duplex
    Built in 1966
    -- sqft lot
    $313,200 Zestimate®
    $156/sqft
    $1,897 Estimated rent

    What's special

    This turnkey duplex at 3458 Lamar Avenue in Red Bank, TN, offers an excellent investment opportunity with immediate rental income and strong future potential. One side of the property is a 2-bedroom, 1-bath unit currently leased for $1,250 per month, providing consistent cash flow. The other side is a newly renovated 2-bedroom, 2-bath unit, currently vacant and ready to be rented at the market rate of $1,450 per month. With modern updates, this side is move-in ready and ideal for attracting quality tenants. Both units have separate entrances and separate off-street parking offering privacy and convenience. Located in the desirable Red Bank area, the property is close to downtown Chattanooga, parks, schools, and shopping. This well-maintained duplex is a great addition to any investment portfolio, with immediate returns and potential for increased rental income. Don't miss out on this opportunity—contact us today for more details or to schedule a private tour.

    Zillow last checked: 7 hours ago

    Listing updated: December 10, 2024 at 07:25am

    Listed by:

    Trace Walker 423-598-1469,

    Fletcher Bright Realty

    Bought with:

    Todd Henon, 280357

    Keller Williams Realty

    Source: Greater Chattanooga Realtors,MLS#: 1501268

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Cooling
    • Central Air, Electric
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,000
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Parking features: Asphalt, Off Street
    Features
    • Stories: 2
    Lot
    • Size: 0.34 Acres
    • Dimensions: 80 x 189
    Details
    • Parcel number: 117d C 008

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Chattanooga
    • Subdivision: Laurel Hgts

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $313,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $313,200