Welcome to this exceptional investment opportunity, where comfort, convenience, and financial growth intersect harmoniously. This property offers two spacious and beautifully maintained units, providing both a reliable rental income and a chance for you to create your own haven. An added bonus, this property has a brand new roof.
One side of this fantastic duplex is already generating an attractive rental income of $925 per month, providing an immediate return on your investment. Whether you're an experienced investor or a first-time buyer looking for a solid financial venture, this property is a dream come true.
On the other side, you'll find a freshly paint unit that is move in ready. Whether you choose to live in this side yourself or continue renting it out at an even higher rate, this unit is sure to impress. This duplex is professionally managed by a local property management firm and has been under their management for the past 6 years.
Sold for $275,000
$275,000
3231 Castle Ave, Chattanooga, TN 37412
8beds
2,294sqft
Duplex
Built in 1964
-- sqft lot
$382,700 Zestimate®
$120/sqft
$1,614 Estimated rent
Home value
$382,700
$348,000 - $421,000
$1,614/mo
Zestimate® history
Owner options
List your home for rent
$1,614/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,614/mo
Rent Zestimate®
Refinance and save
$1,588/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,588/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Freshly paint unitBrand new roofBeautifully maintained units
Zillow last checked:
Listing updated:
Listed by:
Tonjia Landreth 423-595-2125,
Bridge City Realty, LLC,
Jeremy Landreth 423-802-7194,
Bridge City Realty, LLC
Bought with:
Suzy Lawson, 281901
Century 21 Prime South
Source: Greater Chattanooga Realtors,MLS#: 1374887
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Eat-in Kitchen, Storage
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,294
- Total interior livable area: 2,294 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Patio & porch: Deck, Patio
Lot
- Size: 10,500 sqft
- Dimensions: 75 x 140
- Features: Gentle Sloping, Level
Details
- Parcel number: 156e D 008
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: Chattanooga
- Subdivision: Castle Hill Addn
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2023 | Sold | $275,000$120/sqft |
Source: Greater Chattanooga Realtors #1374887 Report a problem | ||
| 7/24/2023 | Contingent | $275,000$120/sqft |
Source: Greater Chattanooga Realtors #1374887 Report a problem | ||
| 7/21/2023 | Listed for sale | $275,000$120/sqft |
Source: Greater Chattanooga Realtors #1374887 Report a problem | ||
| 6/17/2023 | Contingent | $275,000$120/sqft |
Source: Greater Chattanooga Realtors #1374887 Report a problem | ||
| 6/9/2023 | Listed for sale | $275,000+164.4%$120/sqft |
Source: Greater Chattanooga Realtors #1374887 Report a problem | ||
| 5/11/2020 | Listing removed | $725 |
Source: Bridge City Realty, LLC #1317356 Report a problem | ||
| 5/6/2020 | Listed for rent | $725 |
Source: Bridge City Realty, LLC #1317356 Report a problem | ||
| 4/15/2018 | Listing removed | $725 |
Source: Bridge City Realty Report a problem | ||
| 4/12/2018 | Listed for rent | $725 |
Source: Bridge City Realty Report a problem | ||
| 3/15/2017 | Listing removed | $725 |
Source: Bridge City Realty Report a problem | ||
| 3/1/2017 | Listed for rent | $725+4.3% |
Source: Bridge City Realty Report a problem | ||
| 2/14/2017 | Sold | $104,000-9.5%$45/sqft |
Source: Greater Chattanooga Realtors #1257279 Report a problem | ||
| 2/8/2017 | Pending sale | $114,900$50/sqft |
Source: Keller Williams - Chattanooga - Downtown #1257277 Report a problem | ||
| 1/5/2017 | Listed for sale | $114,900+30.9%$50/sqft |
Source: Keller Williams - Chattanooga - Downtown #1257277 Report a problem | ||
| 1/5/2017 | Listing removed | $695+3% |
Source: Owner Report a problem | ||
| 9/22/2015 | Listing removed | $675 |
Source: Owner Report a problem | ||
| 9/22/2015 | Listed for rent | $675 |
Source: Owner Report a problem | ||
| 8/28/2014 | Listing removed | $675 |
Source: Owner Report a problem | ||
| 8/25/2014 | Listed for rent | $675 |
Source: Owner Report a problem | ||
| 3/18/2014 | Sold | $87,750-6.5%$38/sqft |
Source: Agent Provided Report a problem | ||
| 11/9/2013 | Listing removed | $93,900$41/sqft |
Source: Keller Williams Realty #1166101 Report a problem | ||
| 7/25/2013 | Price change | $93,900-8.7%$41/sqft |
Source: Keller Williams Realty #1166101 Report a problem | ||
| 9/19/2012 | Listed for sale | $102,900-8.9%$45/sqft |
Source: Keller Williams Realty #1166101 Report a problem | ||
| 7/31/2012 | Listing removed | $112,900$49/sqft |
Source: Keller Williams Realty #1166101 Report a problem | ||
| 7/19/2011 | Listed for sale | $112,900+5.6%$49/sqft |
Source: Keller Williams Realty #1166101 Report a problem | ||
| 1/12/2005 | Sold | $106,900$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,831 +40.4% | $107,520 +120.7% |
| 2024 | $2,017 | $48,720 |
| 2023 | $2,017 | $48,720 |
| 2022 | $2,017 +85% | $48,720 |
| 2021 | $1,090 -9.5% | $48,720 +11.8% |
| 2020 | $1,205 | $43,560 |
| 2019 | $1,205 | $43,560 |
| 2018 | $1,205 -42.8% | $43,560 |
| 2017 | $2,105 +5.2% | $43,560 |
| 2016 | $2,002 | -- |
| 2015 | $2,002 | $40,200 |
| 2014 | $2,002 -19.4% | -- |
| 2013 | $2,482 | $40,200 -17.8% |
| 2012 | $2,482 | $48,920 |
| 2011 | $2,482 | $48,920 |
| 2010 | $2,482 +7.9% | $48,920 |
| 2009 | $2,301 | $48,920 +34.1% |
| 2008 | -- | $36,480 |
| 2007 | -- | $36,480 |
| 2006 | -- | $36,480 |
| 2005 | -- | $36,480 -33.5% |
| 2004 | -- | $54,840 |
| 2003 | -- | $54,840 |
| 2002 | -- | $54,840 |
| 2001 | -- | $54,840 +5.2% |
| 2000 | -- | $52,120 |
Find assessor info on the county website
Neighborhood: 37412
Nearby schools
GreatSchools rating
- 3/10East Ridge Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 4/10East Ridge Middle SchoolGrades: 6-8Distance: 2.1 mi
- 3/10East Ridge High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: East Ridge Elementary
- Middle: East Ridge Middle
- High: East Ridge High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$382,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$382,700
- Tennessee
- Hamilton County
- East Ridge
- 37412
- 3231 Castle Ave
Nearby cities
Nearby zip codes
Other East Ridge Topics
