Refurbished
For Sale
Contact for pricing
Pending
3950 Arbor Pl Ln, Chattanooga, TN 37416
Two-unit property with five bedrooms per side and updated interiors.
Property Size4,320 SF
Days on Market224
Property Features for 3950 Arbor Pl Ln
General Information
Standard status
Pending
Size
4,320 SF
Class
B
Property subtype
Multifamily
Zoning
Duplex
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$36,295
Additional Details
Multifamily Units
2
Building Details
Year Built
1972
Year Renovated
2025
Buildings
1
Stories
1
Units
2
Listing Agency:
Keller Williams Realty Greater Downtown
Listed By:
Roy Arick · License #TN 358625
(423) 280-1001
Source:
Crexi
Added: Mar 9
Changed: Oct 10
Last Checked: Oct 16 at 8:51AM
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 Keller Williams Realty Greater Downtown
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Investment Insights
Based on property information with market context.
This duplex contains two separate sides, with five bedrooms in each unit, for a total of 10 bedrooms. The property includes 4320sf of space, was built in 1972, and has been refurbished. Duplex zoning supports the existing configuration.
Located at 3950 Arbor Pl Ln in Chattanooga, the property is approximately five minutes from the new Food City and Starbucks. The two-unit layout and bedroom count provide a clearly defined residential income configuration.
Located at 3950 Arbor Pl Ln in Chattanooga, the property is approximately five minutes from the new Food City and Starbucks. The two-unit layout and bedroom count provide a clearly defined residential income configuration.
Key Highlights
- Five bedrooms in each side of the duplex
- 4320sf of total property size
- Refurbished duplex configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,412
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,240
$848.2K
Cap Rate 7%
$605,886
$605.9K
Cap Rate 9%
$471,244
$471.2K
Market Conditions
NOI Build-Up for 4,320 SF
Gross rent
$64.8K $15.00/SF
− Vacancy
−$4.2K −$0.98/SF
EGI
$60.6K $14.03/SF
− OpEx
−$18.2K −$4.21/SF
NOI
$42.4K $9.82/SF
Area
Chattanooga, TN
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,240
Cap Rate 7%
$605,886
Cap Rate 9%
$471,244
Alternative Uses
Best Use
Multifamily LT 5
$605.9K
$530.2K – $706.9K
NOI $42,412 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$543.7K
$475.7K – $634.3K
NOI $38,058 @ 7.0% cap · market cap 7.06%
Theoretical Best
Office A
$954.1K
$834.8K – $1.11M
NOI $66,787 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
500
Businesses Nearby
Explore this area
Business Placement
Demographics for 37416, TN
14,844
Population
6,598
Households
2.2
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
20.5 sq mi
ZIP Area
724
Density / Sq Mi
$65,083
Median Household Income
$37,379
Median Earnings
$1,086
Median Rent
$229,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with five bedrooms per side and updated interiors.
Where is this duplex located?
The property is located at 3950 Arbor Pl Ln Chattanooga, TN.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Five bedrooms in each side of the duplex; 4320sf of total property size; Refurbished duplex configuration
