4057 Arbor Place Lane, Chattanooga, TN 37416
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
4057 Arbor Place Lane,Chattanooga, TN 37416
$310,000
- - Beds
- - Baths
- 1,816 sq. ft.
- Multi-family
- Active
Listed by: alexis scott
Office: keller williams realty
MLS#:1531301
Source:TN_CAR
Price summary
- Price:$310,000
- Price per sq. ft.:$170.7
About this home
Looking for a turnkey rental that qualifies for the rare 1% rule? Welcome to 4057 & 4059 Arbor Place Ln, a fully remodeled duplex offering a prime opportunity for both investors and house hackers in Chattanooga.
Each unit features 2 bedrooms and 1 bathroom with identical layouts and renovations completed just two years ago. Inside, you'll find fresh interior paint throughout, LVP flooring, recessed lighting in the living room, and a wood-burning brick fireplace that adds character. The kitchens are finished with butcher block countertops, white cabinetry, and stainless steel appliances.
The laundry room provides access to the private, level backyard, all situated on a flat 0.23-acre lot.
The property is designed for low maintenance with a metal roof, brick exterior, and new HVAC systems installed in 2024. Tenants pay all utilities except landscaping, helping keep operating costs low. Each unit has a separate driveway providing added privacy and convenience.
This property is already producing income with 4057 leased at $1,296/month while 4059 is now vacant and previously rented for $1,395/month. Whether you're looking to add two turnkey rental units to your portfolio or house hack by living in one side while the other helps offset your mortgage, this property offers immediate income and flexibility.
Located just minutes from Chickamauga Lake, Wolftever Boat Dock, Booker T. Washington State Park, and Harrison Bay State Park, with convenient access to shopping and dining along Highway 58, and only 15 minutes to downtown Chattanooga.
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Home facts
- Year built:1967
- Listing ID #:1531301
- Added:1 day(s) ago
- Updated:March 27, 2026 at 09:58 PM
Rooms and interior
- Flooring:Luxury Vinyl
- Dining Description:Eat-in Kitchen
- Kitchen Description:Eat-in Kitchen
- Living area:1,816 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric, Heating
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1967
- Building area:1,816 sq. ft.
- Lot area:0.23 Acres
- Architectural Style:Ranch
- Construction Materials:Brick, Wood Siding
- Foundation Description:Slab
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$310,000
- Price per sq. ft.:$170.7
- Tax amount:$2,423
Features and amenities
- Amenities:Open Floorplan, Recessed Lighting
Parking
- Parking description:Driveway, Off Street
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