Two-Unit Duplex with
For Sale
$250,000
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 Market96
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: Oct 31
Last Checked: Nov 1 at 3:35PM
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
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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 / Yr
$18,850
Cap Rate
7.54%
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 7.54%
Second Best
Apartment 5plus
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$424.0K
$371.0K – $494.7K
NOI $29,683 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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 $250,000.
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
