4057 Arbor Place Lane Chattanooga, TN $ 310,000
4057 Arbor Place Lane
$ 310,000
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4057 Arbor Place Lane

Chattanooga, TN, 37416
$ 310,000
Baths0.0 Sq 1,816

Monthly Estimate*

$ 1,909

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Studio

Multi-Family Home for sale in Chattanooga, TN

for $310,000. This 1,816 square foot home was built on a lot size of 0.23.

Looking for a turnkey rental that qualifies for the rare 1% rule? Welcome to 4057 & 4059 Arbor Place Ln, a fully remodeled duplex offering a prime opportunity for both investors and house hackers in Chattanooga. Each unit features 2 bedrooms and 1 bathroom with identical layouts and renovations completed just two years ago. Inside, you'll find fresh interior paint throughout, LVP flooring, recessed lighting in the living room, and a wood-burning brick fireplace that adds character. The kitchens are finished with butcher block countertops, white cabinetry, and stainless steel appliances. The laundry room provides access to the private, level backyard, all situated on a flat 0.23-acre lot. The property is designed for low maintenance with a metal roof, brick exterior, and new HVAC systems installed in 2024. Tenants pay all utilities except landscaping, helping keep operating costs low. Each unit has a separate driveway providing added privacy and convenience. This property is already producing income with 4057 leased at $1,296/month while 4059 is now vacant and previously rented for $1,395/month. Whether you're looking to add two turnkey rental units to your portfolio or house hack by living in one side while the other helps offset your mortgage, this property offers immediate income and flexibility. Located just minutes from Chickamauga Lake, Wolftever Boat Dock, Booker T. Washington State Park, and Harrison Bay State Park, with convenient access to shopping and dining along Highway 58, and only 15 minutes to downtown Chattanooga. Buyer to verify all information.

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Multi-Family Active

Price

$ 310,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,423

Style

Ranch

Lot Size

0.23

Town/City

Chattanooga

County/Region

Hamilton

MLS | Web ID

1531301

Features
Interior
Interior Amenities Eat-in Kitchen Open Floorplan Recessed Lighting
Flooring Luxury Vinyl
Total Fireplaces 1
Fireplace Features Living Room Wood Burning
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1816.0
Total Baths 0
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General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Sewer Connected
Possession Close Of Escrow Subject To Tenant Rights
Roof Metal
Appliances Stainless Steel Appliance(s) Refrigerator Microwave Electric Water Heater Electric Range Electric Oven Dishwasher
Patio/Porch Features Front Porch Porch - Covered
Architectural Style Ranch
Construction Materials Brick Wood Siding
Pets Allowed Yes
Year Built 1967
Tenant Pays All Utilities
Stories Count 1
Levels One
Property Subtype Duplex
Community Features None
County Hamilton
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Harbor Place
Garage Y/N N
Status Active
Directions From Hwy 58 turn left onto Webb Rd. Turn Right onto Arbor Place Ln and Duplex is on the right.
High School Central High School
City Chattanooga
Senior Community Y/N N
Number Of Units Total 2
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Elementary School Harrison Elementary
Land Lease Y/N N
Tax Annual Amount 2423.14
Home Warranty Y/N N
Middle/Junior High School Brown Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Legal Description Lt 5 Harbor Place Pb25 Pg48
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Exterior
Parking Features Driveway Off Street
Lot Features Level
Water Source Public
Lot Size Area 0.23
Foundation Details Slab
Spa N
Building Area Total 1816.0
Lot Dimensions 90X115
Lot Size Acres 0.23
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4057
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* Excluded Features
List By
Keller Williams Realty

Broker

alexiscatherinescott@gmail.com

Email

Affordability Calculator

$2,111
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,909
Monthly Property Taxes
$202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1547876 Elementary School
1547369 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$310,000 Listed Price

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4057 Arbor Place Lane, Chattanooga, TN, 37416 is a Multi-Family Home for sale at $310,000 with 1,816 sqft and a lot size of 0.23. 4057 Arbor Place Lane is a studio with 0.0 baths. The property's zip code is 37416 which is in Chattanooga, TN