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3458 Lamar Avenue, Chattanooga, TN 37415

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For Sale
Sale Pending

$329,000

2,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $164.50
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 1501268

Courtesy Of Fletcher Bright Realty dba Fletcher Bright Company

(423) 752-0188

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.34 Acres

Map and Directions

Directions to 3458 Lamar Avenue, Chattanooga, TN 37415

Home seller CENTURY 21 BELLORA

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 BELLORA

(706) 657-3000
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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