Updated Income Generating Duplex Home

Asking
$ 395,000
  • Offering prime location and long-term potential.
  • Each side features 2 bedrooms and 1.5 bathrooms, making this a highly desirable rental for tenants who value both comfort and convenience.
  • Ideally situated just minutes from downtown Chattanooga with quick access to Hwy 27.
  • This property provides seamless commuting and proximity to shopping, dining, and entertainment in both Red Bank and North Shore.
  • Recent significant updates throughout both units make this a true turn-key opportunity for investors or owner-occupants looking to offset their mortgage with rental income.
  • Enjoy a low-maintenance yard and generous off-street parking, all within a private, peaceful setting.
  • Whether you’re expanding your portfolio or looking for a smart way to live affordably, 302 W Midvale delivers location, value, and income potential.

    • Updated On:
    • May 13, 2025
    • 4 Bedrooms
    • 2 Bathrooms
    • 2,200.00 ft2
    • Year Built:1987
    Property Id: 70489
    Price: $ 395,000
    Property Size: 2,200.00 ft2
    Property Lot Size: 13,939.00 ft2
    Rooms: 8
    Bedrooms: 4
    Bathrooms: 2
    Year Built: 1987
    Rent (mo): 3200
    ROI (ann): 24.4%
    Cashflow (mo): 768
    Property Taxes (mo): 230
    Insurance (mo): 137
    Repairs (mo): 75
    Management Fee (mo): 252
    Leasing Fee (ann): 65,6
    Vacancy Rate (ann): 48
    Other Features
    back yard
    deck
    fireplace

    $2,366.25
    per month
    • Principal and Interest
    • Property Tax
    • HOA fee
    • Private Mortgage Insurance
    $ 1,872.50

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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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