UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,428 sqft
Price per Sqft $150
Subdivision Murray Hill Ests
MLS Listing ID 1543830
Bedrooms 5
Year Built 1971
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 90.02X152.3
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
The duplex features a three-bedroom, two-bath unit and a two-bedroom, one-and-a-half-bath unit, totaling approximately 2,428 square feet. One unit rents for $1,750 per month under a one-year lease beginning August 2026, while the other rents for $1,350 per month on a month-to-month agreement. Combined gross rental income is $3,100 per month, or $37,200 annually at current rents.
Previously updated electrical, plumbing, flooring and appliances complement the partial brick exterior, while two garage spaces provide convenient parking and storage. Situated on approximately 0.30 acres near Highway 58, the property offers easy access to shopping, dining and downtown Chattanooga.
Whether you're purchasing your first investment property or expanding your portfolio, this duplex combines established rental income with options for the future.
All interior photos were taken prior to tenants moving in. Please do not disturb tenants. No showings until the property is under contract. Access will be coordinated following an accepted, fully executed purchase agreement.
Location
State TN
County Hamilton
Area 0.31
Rooms
Basement Finished
Interior
Cooling Central Air
Fireplace No
Appliance Water Heater, Refrigerator, Dishwasher, Built-In Electric Range, Built-In Electric Oven
Laundry In Garage, In Unit
Exterior
Exterior Feature Private Yard
Parking Features Driveway, Garage, Garage Faces Front
Garage Description Driveway, Garage, Garage Faces Front
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Porch Deck, Front Porch, Rear Porch
Garage No
Building
Lot Description Back Yard
Faces Take Highway 58 north to Webb Road, then turn left onto Bowman Lane and continue to 3932 Bowman Lane
Sewer Public Sewer
Water Public
Structure Type Block
Schools
Elementary Schools Harrison Elementary
Middle Schools Brown Middle
High Schools Central High School
Others
Senior Community No
Tax ID 129b A 028
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
NEARBY SCHOOL & BUSINESS
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Jodi Newell
Realtor License ID: GA 373648 TN 336487
Realtor License ID: GA 373648 TN 336487