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732 Marley Way, Chattanooga, TN 37412

$335,000
  • 732 Marley Way, Chattanooga, TN 37412 Main Photo

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New to the Market Active
BEDS4 BATHS SQUARE FEET2,112 MLS#1542184
STATUSActive PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODChattanooga

Property Description

Turnkey investment opportunity in East Ridge! This all-brick duplex at 732 Marley Way sits on a private, wooded cul-de-sac lot and offers immediate cash flow with both units currently occupied by paying tenants (combined rent of $2,975/month). Each 1,056-square-foot unit features two bedrooms, a full bath plus a half bath, an eat-in kitchen, a spacious living room, and in-unit washer/dryer hookups. Tenants enjoy their own private deck space and off-street parking, while tenants cover all utilities, keeping overhead low for ownership. Built in 1975 with a durable brick exterior and slab foundation, the property requires minimal exterior maintenance. Ideally located just off I-24 near Belvoir and Fountain Ave, with easy access to shopping, dining, and downtown Chattanooga. Zoned for East Ridge Elementary, Middle, and High School. Whether you are growing your portfolio or acquiring your first income property, 732 Marley Way offers a rare combination of location, condition, and immediate returns.

732 Marley Way | MLS# 1542184

This multi-family property located at 732 Marley Way, Chattanooga, TN 37412 is currently listed for sale with an asking price of $335,000. Search Chattanooga real estate on maxphillips.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Fuel Type: Electric
Heating: Central, Electric
Lot Size: 0.27 Acres
Taxes: $2,831
Year Built: 1975

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1675.00
Square Footage: 1056
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.1
Rent: $1300.00
Square Footage: 1056

Feature Descriptions

Days on Site: 2
Exterior: Brick
Interior Amenities: Eat-in Kitchen
Lot: Cul-De-Sac, Gentle Sloping
Lot Dimensions: 75X161.8
Parcel #: 157p D 010.01
Parking: Off Street
Tenant Pays: All Utilities
Utilities: Electricity Connected, Sewer Connected, Water Connected

Local Schools

High School: East Ridge High
Middle School: East Ridge
Elementary School: East Ridge Elementary

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Phone: 423-664-1900

Shown By

Agent Name: Max Phillips
Agent Phone: (423) 596-7173
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,079.19 per month $745.56 Principal & Interest $235.92 Property Tax $97.71 Homeowner's Insurance

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