3458 Lamar Avenue
Chattanooga, TN 37415
- – beds
- – baths
- 2,000 sqft
- 14,810 sqft lot
- $156 per sqft
- 1966 build
- – on site
More homes
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.
Listing courtesy of CHTMLS / Fletcher Bright Realty
Last checked:
Checking…
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Last updated Dec 10, 2024
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MLS# 1501268 —
The Building
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Year Built:1966
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New Construction:false
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Builder Name:None
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Stories:2
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Stories Total:None
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Basement:false
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Building Area Total:2000.0
Interior
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Furnished:None
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Fireplace:false
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Zoning Description:None
Room Dimensions
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Living Area:2000.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:Highway 27 N to Morrison Springs Road exit. First Right off of exit is Lamar Avenue. Stay on Lamar and continue through stop sign. 3458 is approx. .5 mile after stop sign.
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Latitude:35.114107
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Longitude:-85.299969
The Property
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Parcel Number:117d C 008
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Property Type:Residential Income
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Property Subtype:Duplex
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Direction Faces:None
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Possible Use:None
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Lot Size Source:None
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Lot Size Acres:0.34
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Lot Size Area:0.34
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Lot Size SqFt:14810.4
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Lot Size Dimensions:80X189
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Lot Size Units:Acres
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Zoning:None
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Topography:None
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View:false
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Pool Private:No
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (423) 598-1469
- Office phone:
- (423) 752-0188
Taxes
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Tax Legal Description:LT 23 BLK D LAUREL HGTS ADD NO 1 N/ R
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Tax Annual Amount:3524.81
Baths
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
Heating & Cooling
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Heating:No
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Cooling:Central Air, Electric
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Cooling:true
Utilities
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Water Source:Public
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Sewer:Public Sewer
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Electric:None
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Green Energy Generation:None
Schools
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Elementary School:Red Bank Elementary
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Elementary School District:None
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Middle Or Junior School:Red Bank Middle
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Middle Or Junior School District:None
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High School:Red Bank High School
The Community
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Subdivision Name:Laurel Hgts
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Senior Community:false
Parking
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Attached Garage:false
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Parking Features:Asphalt, Off Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
12/3/24
Dec 3, 2024
|
Sold | CHTMLS | $312,500 | -5.0% |
10/21/24
Oct 21, 2024
|
Pending | CHTMLS | $329,000 | |
10/6/24
Oct 6, 2024
|
Listed / Active | CHTMLS | $329,000 | 93.5% (15.7% / YR) |