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Chattanooga,TN 37416
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,712 sqft
Price per Sqft $617
Subdivision James D Lee
MLS Listing ID 1522136
Style Contemporary
Year Built 1998
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
Rare investment opportunity! This turnkey package of four duplexes in the desirable Blue Oak community offers strong cash flow with built-in upside potential. Each property features a 2-bedroom and 3-bedroom unit, both with garages and long-term tenants in place. The portfolio has a proven rental history and consistent occupancy. When one recent vacancy opened, the 3-bedroom unit re-leased at $2,200/month, confirming the area's rent growth and demand. Current rents remain below market, giving investors immediate potential to increase returns without renovation. Conveniently located near major employers, top-rated schools, and commuter routes, these duplexes attract stable tenants and are simple to manage thanks to their uniform design. Whether you're expanding your portfolio or seeking dependable income with appreciation upside, this Blue Oak package delivers a rare blend of stability, scalability, and opportunity.
Location
State TN
County Hamilton
Area 1.0
Interior
Heating Central
Cooling Central Air
Flooring Laminate,Vinyl
Fireplace No
Appliance Washer/Dryer
Heat Source Central
Exterior
Exterior Feature Other
Parking Features Garage,Off Street
Garage Description Garage, Off Street
Community Features Other
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Roof Type Shake,Shingle
Garage No
Building
Lot Description Paved
Faces From Highway 58, turn onto Champion Road. Continue straight, then turn left onto Blue Oak Drive. The home will be on your right
Foundation Slab
Sewer Septic Tank
Water Public
Architectural Style Contemporary
Structure Type Vinyl Siding
Schools
Elementary Schools Harrison Elementary
Middle Schools Brown Middle
High Schools Central High School
Others
Senior Community No
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
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