Multi-Family $ 275,000

188 Frawley RD

Chattanooga, TN 37412

  • 4 Beds
  • 2 Baths
  • 1,860 SqFt
  • 4,791 Lot Size
  • 1985 Year Built
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.
Listed by REAL Broker

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Coming Soon

    Purchase Type For Sale

    Square Footage 1, 860 sqft

    Price per Sqft $147

    MLS Listing ID 1537375

    Bedrooms 4

    Year Built 1985

    Lot Size 4,791 Sqft

    Acres 0.11

    Lot Dimensions 20X244.9

    Property Sub-Type Duplex

    Source Greater Chattanooga REALTORS®

  • Location

    State TN

    County Hamilton

    Area 0.11

  • Rooms

    Basement Crawl Space

  • Building

    Lot Description Level

    Faces Ringgold Road East 1/4 mile from I-75, turn left onto Frawley Road. Duplex is on right approximately 1/4 mile.

    Story Two

    Foundation Block

    Sewer Public Sewer

    Water Public

    Additional Building None

    Structure Type Vinyl Siding

  • Interior

    Interior Features Ceiling Fan(s), Eat-in Kitchen

    Heating Central, Electric

    Cooling Central Air, Electric

    Flooring Carpet, Luxury Vinyl

    Equipment None

    Fireplace No

    Appliance Refrigerator, Microwave, Electric Range, Dishwasher

    Heat Source Central, Electric

    Laundry Laundry Closet, Main Level

  • Exterior

    Exterior Feature None

    Parking Features Asphalt, Off Street

    Garage Description Asphalt, Off Street

    Pool None

    Community Features None

    Utilities Available Cable Available, Sewer Connected

    Roof Type Shingle

    Porch Deck, Patio

    Garage No

  • Schools

    Elementary Schools Spring Creek Elementary

    Middle Schools East Ridge Middle

    High Schools East Ridge High

  • Others

    Senior Community No

    Tax ID 170b D 005.05

    Security Features Smoke Detector(s)

    Acceptable Financing Cash, Conventional, FHA

    Listing Terms Cash, Conventional, FHA

    Special Listing Condition Investor

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CONTACT

Michael Kelly
Michael Kelly
Email: mikekellyhomes@gmail.com Tel: +1(423) 645-3862

License ID: 322724TN, 348143GA, 3544406FL

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