Two-Unit Duplex with
For Sale
$295,000
4072 Arbor Place Lane, Chattanooga, TN 37416
Income-producing duplex with matching layouts, private parking, and appliances included in both residences.
Property Size1,920 SF
Days on Market35
Property Features for 4072 Arbor Place Lane
General Information
Standard status
Active
Size
1,920 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,704
Building Details
Building Size
1,920 SF
Year Built
1969
Buildings
1
Tenancy
Multi
Listing Agency:
Chattanooga Real Estate Co
Listed By:
Jerry L Petty · License #TN264784
(423) 421-8687
Source:
Gracefrankgroup
Added: Jul 31
Changed: Aug 23
Last Checked: Sep 1 at 10:18PM
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 Chattanooga Real Estate Co
Investment Insights
Based on property information with market context.
This 1,920-square-foot duplex contains two residences, each arranged with 2 bedrooms, 1 bathroom, and a laundry room positioned off the kitchen. Appliances convey with both units, providing consistent equipment throughout the property. Each side also has off-street parking.
The property is located off Hwy 58 near Hwy 153 in Chattanooga, with both units currently occupied. Its two-unit configuration supports continued residential income use and may also suit an owner-occupant seeking a separate second residence, subject to applicable requirements.
The property is located off Hwy 58 near Hwy 153 in Chattanooga, with both units currently occupied. Its two-unit configuration supports continued residential income use and may also suit an owner-occupant seeking a separate second residence, subject to applicable requirements.
Key Highlights
- 1,920‑square‑foot duplex with two residential units
- Each unit includes 2 bedrooms, 1 bathroom, and a laundry room off the kitchen
- Appliances convey with both sides of the property
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,850
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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 6.39%
Second Best
Apartment 5plus
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$424.0K
$371.0K – $494.7K
NOI $29,683 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
430
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Income-producing duplex with matching layouts, private parking, and appliances included in both residences.
Where is this duplex located?
The property is located at 4072 Arbor Place Lane Chattanooga, TN.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,920‑square‑foot duplex with two residential units; Each unit includes 2 bedrooms, 1 bathroom, and a laundry room off the kitchen; Appliances convey with both sides of the property
