188 Frawley Road, Chattanooga, TN 37412

$275,000
: 4
BD
: 2
BA
: 1,860
SqFt

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List Price: $275,000
Status: ACTIVE
MLS#: 1537375
Bedrooms: 4
Bathrooms: 2
Living Area: 1,860

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Property Description

Investment opportunities like this are becoming increasingly difficult to find in East Ridge. Ideally located just minutes from I-75 at Exit 1, this updated duplex sits in one of the fastest-growing areas of Greater Chattanooga and offers strong income potential for both investors and owner-occupants. Each side features 2 bedrooms, 1 full bath, updated kitchens, new vinyl flooring, fresh paint, and modern updates throughout. The seller recently installed a brand-new roof, providing added peace of mind and reducing future maintenance expenses. HVAC heater blower changed in unit 188. HVAC in unit 190 is 4 years old. Previously rented for $1,250 per side, with projected rental potential of approximately $1,250 to $1,500 per month per unit, this property offers an attractive opportunity for cash flow and long-term appreciation. Both units are currently vacant, allowing a new owner to set market rents immediately or occupy one side while generating income from the other. The location is hard to beat. Enjoy walkability and quick access to Camp Jordan, Topgolf, Bass Pro Shops, the Red Wolves Soccer Stadium, Chick-fil-A, and East Ridge's growing restaurant and entertainment district. Downtown Chattanooga is just a short drive away, making this property appealing to tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this duplex checks all the boxes.

(423) 896-6000

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