3223 Castle AVE Active

Chattanooga,TN 37412

$ 320000

- Bed

0 Bath

2048 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,048 sqft

Price per Sqft $156

Subdivision Castle Hill Addn

MLS Listing ID 1520984

Year Built 1964

Property Sub-Type Duplex

Property Description

Discover a solid investment opportunity with this all-brick duplex conveniently located near historic Missionary Ridge. Each side offers 2 bedrooms and 1.5 bathrooms, with separately metered utilities, making management simple and efficient.

This well-maintained property features new kitchen fixtures, new bathroom fixtures, and recently renovated bathrooms in 3223. With strong rental history, it is currently generating a gross monthly income of $2,718. Tenants pay their own utilities, reducing owner expenses and increasing cash flow reliability. Of note: one tenant is on a 12 month contract until September 2026. The other is month to month, making this a great opportunity for owner-occupancy/house hacking!

With its desirable location and move-in-ready condition, this duplex is ideal for investors looking for stable income and long-term value.

Highlights:

2 bed / 1.5 bath per side

All-brick exterior

Separately metered utilities

Tenants pay all utilities

New kitchen and bathroom fixtures

Recently updated bathrooms

Gross income: $2,718/month

Well-maintained property

Location

State TN

County Hamilton

Interior

Heating Central,Electric

Cooling Central Air,Electric

Flooring Luxury Vinyl

Equipment None

Laundry Electric Dryer Hookup,In Unit,Inside,Washer Hookup

Exterior

Exterior Feature Other

Parking Features Off Street

Garage Description Off Street

Pool None

Community Features None

Utilities Available Sewer Connected

Roof Type Shingle

Building

Lot Description Gentle Sloping,Level

Story Two

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools East Ridge Elementary

Middle Schools East Ridge Middle

High Schools East Ridge High

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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