3308 Easton Avenue, Chattanooga, TN 37415
MULTI_FAMILY - Ranch - Chattanooga, TN
- Added:
- Mar 5, 2026
- Days on Market:
- 97
- Last Refresh:
- Jun 10 at 9:06 am
Property Features for 3308 Easton Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3
- Parking features
- Driveway
- Appliances
- Refrigerator, Electric Water Heater, Electric Range
- Standard status
- Pending
- APN
- 118h F 012
- Size
- 1,500 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Description
- Lt 4 Lupton Hills Pb19 Pg77
- Tax Annual Amount
- 2634
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Electric (Heating), Central
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 1960
- Number of units
- 2
- Flooring type
- Laminate, Carpet
- Building materials
- Block, Brick Veneer
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Erik Chapman License #371804 (256) 221-1295
Listing office EXP Realty LLC 3401 Mallory Lane 100, Nashville, TN (888) 519-5113
Listing date Mar 5, 2026
Copyright © 2026 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.
HighLights
- Fully leased duplex provides immediate income stream.
- Recently remodeled with low‑maintenance finishes.
- Turnkey property in a market with strong rental demand.
- Convenient location with easy access to downtown Chattanooga, commuter routes, shopping, and dining.
- Functional layout in each unit supports consistent rental demand.
- Chattanooga's growing population and job market make it an attractive investment location.
Overview
Local Financial Insights For Multifamily LT 5
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 | $22.5k | $15.00 |
| − Vacancy | −$1.5k | −$0.98 |
| EGI | $21.0k | $14.03 |
| − OpEx | −$6.3k | −$4.21 |
| NOI | $14.7k | $9.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.292795
- Latitude
- 35.107398
