Michael Osborne
BEDS0
BATHS
SQUARE FEET2,112
MLS#3541948
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Heating: Central, Electric
Lot Size: 0.28 Acres
Roof Type: Other
Taxes: $2,831
Year Built: 1975
Feature Descriptions
Days on Site: 3
Exterior: Other, Brick
Lot Dimensions: 75X161.8
Parcel#: 157P D 010.01
Parking: Detached
Parking Notes: Detached
Sewer: Public Sewer
Units: 2
Utilities: Electricity Available, Water Available
Water: Public
Local Schools
High School: East Ridge High School
Middle School: East Ridge Middle School
Elementary School: East Ridge Elementary School
Listed By / Shown By
Listed By
Agency Name: Greater Downtown Realty dba Keller Williams Realty
Agency Phone: 4236641900
Shown By
Agent Name: Michael Osborne
Agent Phone: (615) 397-5054
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 1,079.19 per month $745.56 Principal & Interest $235.92 Property Tax $97.71 Homeowner's InsuranceChange Payment Information
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732 Marley Way | MLS# 3541948
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 www.michaelosbornerealestate.com today.