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  1. Home
  3. Tennessee Two-Step: Renovation + Fully Occupied Cash Flow [Code: 3222]
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Tennessee Two-Step: Renovation + Fully Occupied Cash Flow [Code: 3222]

Asking $ 424,900
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  • INVESTMENT OPPORTUNITY in Red Bank!
  • This Duplex is currently 100% OCCUPIED.
  • Total rent = $3, 100 including both units.
  • New 30-yr Architectural Roof, Updated Lighting and Receptacles, Exterior Lighting.
  • New Front Door, New Balcony Decks, Newly remodeled tiled shower (Unit B).
  • Each unit includes 2 bedrooms, 1.5 baths, living room, kitchen with a total of 1, 000 sq. ft.
  • Located minutes from restaurants, shopping, and less than 10 minutes to Downtown Chattanooga.
  • Zoned for Rivermont Elementary, Red Bank Middle, and Red Bank High School.

    • Updated On:
    • August 12, 2025
    • 4 Bedrooms
    • 2.5 Bathrooms
    • 1,953.00 ft2
    • Year Built:1986
    Property Id: 71160
    Price: Asking $ 424,900
    Property Size: 1,953.00 ft2
    Property Lot Size: 12,196.00 ft2
    Rooms: 9
    Bedrooms: 4
    Bathrooms: 2.5
    Year Built: 1986
    Roofing: Shingle
    Rent (mo): 3200
    ROI (ann): 11.9
    Cashflow (mo): 350
    Property Taxes (mo): 300
    Insurance (mo): 180
    Repairs (mo): 200
    Management Fee (mo): 252
    Leasing Fee (ann): 788
    Vacancy Rate (ann): 48
    Other Features
    back yard
    deck

    $2,545.37
    per month
    • Principal and Interest
    • Property Tax
    • HOA fee
    • Private Mortgage Insurance
    $ 2,014.24

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    Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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