1908 Rawlings Street Chattanooga, TN 37406
Brick duplex available for sale. Tenant occupied, showings restricted.
Property Features for 1908 Rawlings Street
General Information
- Standard status
- Active
- Size
- 1,623 SF
- Lot size
- 0.14 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1964
Listing office Benchmark Realty LLC (615) 974-3968
Listing date Oct 7, 2022
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Benchmark Realty LLC
Investment Insights
Based on property information with market context.
Key Highlights
- All brick duplex, great for low‑maintenance living.
- Investment opportunity: one of three duplexes available for sale.
- Built in 1964, this property has stood the test of time.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.7k | $17.04 |
| − Vacancy | −$1.7k | −$1.02 |
| EGI | $26.0k | $16.02 |
| − OpEx | −$11.7k | −$7.21 |
| NOI | $14.3k | $8.81 |
