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    5006 Marylin Ln Chattanooga, TN 37411

    For Sale
    $300,000

    Duplex in Chattanooga with strong rental demand and convenient location.

    Property size:
    2,128 SF
    Lot size:
    0.30 Acres

    Property Features for 5006 Marylin Ln

    General Information

    Size
    2,128 SF
    Lot size
    0.30 Acres

    Building Details

    Year built
    1983

    Source: Keller Williams Realty Agent Simeon Hinchman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chattanooga Duplex with Rental Potential

    This duplex, located in Chattanooga's 37411 zip code, offers a total of 4 bedrooms and 2 bathrooms within its 2,128 square feet. The property is configured as a duplex, with each side featuring 2 bedrooms and 1 bathroom. The layout is designed to maximize rental income. The property is conveniently located near Brainerd, providing easy access to downtown, schools, and transit options. The area experiences strong rental demand, making this property a potential addition to an investor's portfolio. One unit has been freshly renovated, offering the option for an owner to rent both units or reside in one side while renting out the other for optimized cash flow. The property can be sold individually or as a package with adjacent units located at 5007 Marylin Ln and 5009 Marylin Ln.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2185108
    Latitude
    35.0232554

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    FAQs

    What type of property is this?
    Duplex - Duplex in Chattanooga with strong rental demand and convenient location.
    Where is this duplex located?
    The property is located at 5006 Marylin Ln Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Duplex with strong rental income potential in a high-demand area.; - 2,128 sq ft with 4 beds/2 baths (2 beds/1 bath per unit).; - **Freshly renovated unit allows for flexible use:** rent both or live in one and rent the other.
    Request Owner's contact information
    5006 Marylin Ln Chattanooga, TN 37411
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    Chattanooga, TN 37411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5006 Marylin Ln Chattanooga, TN 37411
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