8740 Millard Lee Lane
Chattanooga, TN 37416
- – beds
- – baths
- 1,834 sqft
- ~1/2 acre lot
- $166 per sqft
- 1981 build
- – on site
Welcome to 8740 Millard Lee Ln, a rare opportunity to own a fully updated duplex in a convenient location with cheap, county-only taxes! Situated on a quiet street, this property is just a short walk to Booker T. Washington State Park and the lake, offering easy access to outdoor recreation, and just minutes to Highway 153. This duplex features two identical 2-bed, 1-bath units, making it perfect for house hacking—live in one side and rent the other—or renting out both units for strong cash flow! Both units have excellent rental history - the right side rented consistently for $1,295 per month, while the left side was rented to a family member at a discounted rate of $950 per month but can easily achieve $1,295 or more. Both units are now vacant, allowing a new owner the flexibility to move in or choose their own tenants and lease immediately. The property has been fully renovated with new LVP flooring throughout, fresh interior and exterior paint, and a new roof installed in 2022. A brand-new septic system and field lines were installed in 2023, and the left unit had a brand-new water heater and expansion tank added in 2025. Both units feature newer stainless steel Whirlpool appliances and modern butcher block countertops, and the right unit features new cabinets. New energy-efficient windows and new sliding glass doors were installed throughout both units, which makes utility bills cheaper. The bathrooms have been renovated with updated shower/tubs, fixtures, lighting, and vanities. The left unit also has a newer interior and exterior HVAC system installed in 2021. The bedrooms and kitchens are spacious, and each kitchen boasts a pantry for added storage. Sitting on nearly half an acre, this property boasts a massive, level, and private backyard, offering plenty of space for outdoor activities. Each unit includes a private laundry area with hookups located in attached storage sheds, providing extra convenience and additional storage. With outstanding renta history and fully turnkey condition, this is a prime investment opportunity with so much potentialall the work has already been done! Don't miss out- schedule your showing today!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 4, 2025
•
MLS# 1509374 —
This property is listed in more than one place. See it here.
Upcoming Open Houses
-
Saturday, 4/5
2pm-4pm -
Sunday, 4/6
2pm-4pm
The Building
-
Year Built:1981
-
New Construction:false
-
Builder Name:None
-
Structure Type:Duplex, Multi Family
-
Construction Materials:Brick
-
Levels:One
-
Stories:1
-
Stories Total:None
-
Roof:Shingle
-
Basement:false
-
Foundation Details:Slab
-
Exterior Features:Private Yard, Rain Gutters, Storage
-
Window Features:ENERGY STAR Qualified Windows, Insulated Windows, Shades
-
Patio And Porch Features:Porch - Covered
-
Security Features:Smoke Detector(s)
-
Building Area Total:1834.0
-
Above Grade Finished Area:1834.0
Interior
-
Interior Features:Eat-in Kitchen, Open Floorplan, Pantry, Storage, Tub/shower Combo
-
Furnished:None
-
Flooring:Luxury Vinyl, Vinyl
-
Fireplace:false
-
Laundry Features:In Unit, Laundry Closet
-
Zoning Description:None
Room Dimensions
-
Living Area:1834.0
-
Living Area Units:None
-
Living Area Source:Tax Records
Location
-
Directions:Highway 58 North towards Harrison Bay State Park, left on Champion, right on Blue Oak Road. Right on Millard Lee Lane. House is on right
-
Latitude:35.110175
-
Longitude:-85.16996
The Property
-
Parcel Number:120c A 006.05
-
Property Type:Residential Income
-
Property Subtype:Duplex
-
Property Condition:Updated/Remodeled
-
Direction Faces:None
-
Possible Use:None
-
Other Structures:Shed(s)
-
Lot Features:Back Yard, Cleared, Front Yard, Level
-
Lot Size Acres:0.41
-
Lot Size Area:0.41
-
Lot Size Dimensions:103X175
-
Lot Size SqFt:18025.0
-
Lot Size Units:Acres
-
Lot Size Source:None
-
Zoning:None
-
Topography:None
-
View:false
-
Pool Private:No
-
Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (423) 710-4602
- Office phone:
- (423) 664-1600
Taxes
-
Tax Legal Description:Lot 2 Innwood Village Sub Unit 2 35 -248
-
Tax Annual Amount:1226.14
Baths
-
Three Quarter Baths:None
-
Quarter Baths:None
-
Partial Baths:None
Heating & Cooling
-
Heating:Central, Electric
-
Heating:true
-
Cooling:Central Air, Electric
-
Cooling:true
Utilities
-
Utilities:Electricity Connected, Water Connected
-
Water Source:Public
-
Sewer:Septic Tank
-
Electric:None
-
Green Energy Efficient:Windows
-
Green Energy Generation:None
Appliances
-
Appliances:Water Heater, Stainless Steel Appliance(s), Refrigerator, Range Hood, Oven, Freezer, Free-Standing Range, Dishwasher, Cooktop
Schools
-
Elementary School:Harrison Elementary
-
Elementary School District:None
-
Middle Or Junior School:Brown Middle
-
Middle Or Junior School District:None
-
High School:Central High School
The Community
-
Subdivision Name:Innwood Village
-
Senior Community:false
-
Association:false
-
Association Fee 2:None
-
Association Fee 2 Frequency:None
-
Spa:false
Parking
-
Garage:false
-
Attached Garage:false
-
Carport:false
-
Parking Features:Driveway
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 |
---|---|---|---|---|
4/3/25
Apr 3, 2025
|
Listed / Active | CHTMLS | $305,000 | 110.3% (28.9% / YR) |
6/7/21
Jun 7, 2021
|
Sold | Public Record | $145,000 |