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Ranch Duplex with Off-Street Parking
New
For Sale
$295,000

4072 Arbor Place Lane, Chattanooga, TN 37416

MULTI_FAMILY - Ranch - Chattanooga, TN

Property Size1,920 SF
Lot Size0.25 Acres
Price / SF$153.65
Days on Market3

Property Features for 4072 Arbor Place Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1
Parking features Off Street
Window features Aluminum Frames, Blinds
Exterior features Rain Gutters
Appliances Free-Standing Refrigerator, Free-Standing Electric Range, Free-Standing Electric Oven
Subdivision Harbor Place
Lot features Level
Elementary school Harrison Elementary
Middle school Brown Middle
High school Central High School
Directions North on Hwy. 58, left on Webb Road, Right on Arbor Place
Standard status Active
APN 120o H 010
Size 1,920 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description Lt 22 Harbor Place Pb25 Pg48 3189 0 2D 02
Tax Annual Amount 3705
Legal Description Lt 22 Harbor Place Pb25 Pg48 3189 0 2D 02

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1969
Floors in Building 1
Number of units 2
Flooring type Linoleum, Carpet
Building materials Brick Veneer
Roof type Shingle
Architectural style Ranch
Listing Agency: Chattanooga Real Estate Co
Listed By: Jerry L Petty · License #TN264784
Added: Jul 29 Changed: Jul 31 Last Checked: Jul 31 at 6:06PM
MLS# 1539810

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.

Investment Insights

Based on property information with market context.

This ranch duplex offers two residential units in a brick veneer exterior with rain gutters. Built in 1969, the property provides a practical two-bedroom, one-bath layout on each side, with a laundry room off the kitchen. Flooring includes linoleum and carpet. Central electric heating and central air conditioning are in place, and the roof is shingled. Off-street parking is available for both sides. Appliances on both sides convey with the property, including free-standing electric range and oven, and free-standing refrigerator.

The duplex is located at 4072 Arbor Place Lane in Chattanooga, TN 37416, off Hwy 58 near Hwy 153. Utilities include public water and public sewer, with phone available. Buyers are encouraged to verify all information and do not disturb tenants.

Key Highlights

  • 0.25‑acre ranch duplex built in 1969
  • Brick veneer construction with rain gutters
  • Each side offers two bedrooms, one bath and a laundry room off the kitchen

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 $28.8k $15.00
− Vacancy −$1.9k −$0.98
EGI $26.9k $14.03
− OpEx −$8.1k −$4.21
NOI $18.8k $9.82
1,920 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$269.3K
$235.6K – $314.2K (±1% cap)
NOI $18,850 @ 7.0% cap · market cap 6.39%
Second Best
Apartment 5plus
$241.6K
$211.4K – $281.9K (±1% cap)
NOI $16,915 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$424.0K
$371.0K – $494.7K (±1% cap)
NOI $29,683 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Building Supply Skin Care Clinic Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

430
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Ranch-style duplex on a 0.25-acre lot with off-street parking, brick veneer construction, and central electric heating and cooling.
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: 0.25‑acre ranch duplex built in 1969; Brick veneer construction with rain gutters; Each side offers two bedrooms, one bath and a laundry room off the kitchen
More about this property
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