Updated Two-Unit
For Sale
$270,000
3975 Arbor Place Lane, Chattanooga, TN 37416
Residential duplex with refreshed roofing and HVAC systems serving a straightforward rental layout.
Property Size1,920 SF
Days on Market50
Property Features for 3975 Arbor Place Lane
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$3,704
Building Details
Building Size
1,920 SF
Year Built
1967
Listing Agency:
Keller Williams Realty
Listed By:
Jake Kellerhals · License #325426
(706) 217-8133
Source:
Gracefrankgroup
Added: Sep 2
Changed: Oct 13
Last Checked: Oct 19 at 3:02PM
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
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Investment Insights
Based on property information with market context.
This residential duplex was built in 1967 and contains two separate units, each arranged with two bedrooms and one bathroom. The property combines a simple floor plan with recent updates to major building systems, including a roof installed in 2018 and HVAC systems installed in 2024.
Located in Chattanooga, the property is positioned on Arbor Place Lane with access to daily essentials. Its two-unit configuration and updated mechanical components provide a practical format for residential rental ownership.
Located in Chattanooga, the property is positioned on Arbor Place Lane with access to daily essentials. Its two-unit configuration and updated mechanical components provide a practical format for residential rental ownership.
Key Highlights
- Two‑unit duplex with two bedrooms and one bathroom per unit
- Roof installed in 2018
- HVAC systems installed in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,850
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,000
$377.0K
Cap Rate 7%
$269,286
$269.3K
Cap Rate 9%
$209,444
$209.4K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$28.8K $15.00/SF
− Vacancy
−$1.9K −$0.98/SF
EGI
$26.9K $14.03/SF
− OpEx
−$8.1K −$4.21/SF
NOI
$18.8K $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%
$377,000
Cap Rate 7%
$269,286
Cap Rate 9%
$209,444
Alternative Uses
Best Use
Multifamily LT 5
$269.3K
$235.6K – $314.2K
NOI $18,850 @ 7.0% cap · market cap 6.98%
Second Best
Apartment 5plus
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 6.26%
Theoretical Best
Office A
$424.0K
$371.0K – $494.7K
NOI $29,683 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Residential duplex with refreshed roofing and HVAC systems serving a straightforward rental layout.
Where is this duplex located?
The property is located at 3975 Arbor Place Lane Chattanooga, TN.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom per unit; Roof installed in 2018; HVAC systems installed in 2024
