Description
Investment opportunities like this are becoming increasingly difficult to find in East Ridge. Ideally located just minutes from I-75 at Exit 1, this updated duplex sits in one of the fastest-growing areas of Greater Chattanooga and offers strong income potential for both investors and owner-occupants. Each side features 2 bedrooms, 1 full bath, updated kitchens, new vinyl flooring, fresh paint, and modern updates throughout. The seller recently installed a brand-new roof, providing added peace of mind and reducing future maintenance expenses. HVAC heater blower changed in unit 188. HVAC in unit 190 is 4 years old. Previously rented for $1,250 per side, with projected rental potential of approximately $1,250 to $1,500 per month per unit, this property offers an attractive opportunity for cash flow and long-term appreciation. Both units are currently vacant, allowing a new owner to set market rents immediately or occupy one side while generating income from the other. The location is hard to beat. Enjoy walkability and quick access to Camp Jordan, Topgolf, Bass Pro Shops, the Red Wolves Soccer Stadium, Chick-fil-A, and East Ridge's growing restaurant and entertainment district. Downtown Chattanooga is just a short drive away, making this property appealing to tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this duplex checks all the boxes.
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4BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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1,860SQFT
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$148$/SQFT
School Information
Description
Investment opportunities like this are becoming increasingly difficult to find in East Ridge. Ideally located just minutes from I-75 at Exit 1, this updated duplex sits in one of the fastest-growing areas of Greater Chattanooga and offers strong income potential for both investors and owner-occupants. Each side features 2 bedrooms, 1 full bath, updated kitchens, new vinyl flooring, fresh paint, and modern updates throughout. The seller recently installed a brand-new roof, providing added peace of mind and reducing future maintenance expenses. HVAC heater blower changed in unit 188. HVAC in unit 190 is 4 years old. Previously rented for $1,250 per side, with projected rental potential of approximately $1,250 to $1,500 per month per unit, this property offers an attractive opportunity for cash flow and long-term appreciation. Both units are currently vacant, allowing a new owner to set market rents immediately or occupy one side while generating income from the other. The location is hard to beat. Enjoy walkability and quick access to Camp Jordan, Topgolf, Bass Pro Shops, the Red Wolves Soccer Stadium, Chick-fil-A, and East Ridge's growing restaurant and entertainment district. Downtown Chattanooga is just a short drive away, making this property appealing to tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this duplex checks all the boxes.
188 Frawley Road Chattanooga, TN 37412
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Exterior Features None Fencing None Foundation Details Block Garage YN No Lot Features Level Other Structures None Parking Features AsphaltOff Street Patio And Porch Features DeckPatio Pool Features None Pool Features None Yes Roof Shingle Roof Shingle Yes Spa YN No Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances RefrigeratorMicrowaveElectric RangeDishwasher Basement Crawl Space Basement YN No Building Area Total 1860 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetLuxury Vinyl Heating CentralElectric Heating YN Yes Interior Features Ceiling Fan(s)Eat-in Kitchen Laundry Features Laundry ClosetMain Level Levels Two Window Features []
Additional Parcels YN No Association Amenities [] Association YN2 No Auction YN2 No Community Features None Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHA New Construction YN No Other Equipment None Property Sub Type Duplex Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Investor Tax Annual Amount 2831.09 Utilities Cable AvailableSewer Connected Utilities Sewer Connected Yes Water Source Public
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Listing courtesy of REAL Broker: 844-591-7325.
