This turnkey duplex at 3458 Lamar Avenue in Red Bank, TN, offers an excellent investment opportunity with immediate rental income and strong future potential. One side of the property is a 2-bedroom, 1-bath unit currently leased for $1,250 per month, providing consistent cash flow. The other side is a newly renovated 2-bedroom, 2-bath unit, currently vacant and ready to be rented at the market rate of $1,450 per month. With modern updates, this side is move-in ready and ideal for attracting quality tenants. Both units have separate entrances and separate off-street parking offering privacy and convenience. Located in the desirable Red Bank area, the property is close to downtown Chattanooga, parks, schools, and shopping. This well-maintained duplex is a great addition to any investment portfolio, with immediate returns and potential for increased rental income. Don't miss out on this opportunity—contact us today for more details or to schedule a private tour.
Sold for $312,500
Street View
$312,500
3458 Lamar Ave, Chattanooga, TN 37415
4beds
2,000sqft
Duplex
Built in 1966
-- sqft lot
$325,500 Zestimate®
$156/sqft
$1,651 Estimated rent
Home value
$325,500
$299,000 - $352,000
$1,651/mo
Zestimate® history
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$1,804/mo
Est. payment
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Est. payment
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List your homeWhat's special
Move-in readyModern updates
Zillow last checked:
Listing updated:
Listed by:
Trace Walker 423-598-1469,
Fletcher Bright Realty
Bought with:
Todd Henon, 280357
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1501268
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Central Air, Electric
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
Property
Parking
- Parking features: Asphalt, Off Street
Lot
- Size: 0.34 Acres
- Dimensions: 80 x 189
Details
- Parcel number: 117d C 008
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chattanooga
- Subdivision: Laurel Hgts
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2024 | Sold | $312,500-5%$156/sqft |
Source: Greater Chattanooga Realtors #1501268 Report a problem | ||
| 10/22/2024 | Contingent | $329,000$165/sqft |
Source: Greater Chattanooga Realtors #1501268 Report a problem | ||
| 10/6/2024 | Listed for sale | $329,000+93.5%$165/sqft |
Source: Greater Chattanooga Realtors #1501268 Report a problem | ||
| 8/18/2020 | Listing removed | $975 |
Source: Green Mill Properties, LLC Report a problem | ||
| 7/29/2020 | Listed for rent | $975+12.7% |
Source: Green Mill Properties, LLC Report a problem | ||
| 11/21/2019 | Listing removed | $865 |
Source: Zillow Rental Manager Report a problem | ||
| 11/16/2019 | Listed for rent | $865-8.5% |
Source: Zillow Rental Manager Report a problem | ||
| 6/24/2019 | Listing removed | $945 |
Source: Zillow Rental Manager Report a problem | ||
| 5/25/2019 | Price change | $945+26% |
Source: Zillow Rental Manager Report a problem | ||
| 5/24/2019 | Listed for rent | $750-17.1% |
Source: Zillow Rental Manager Report a problem | ||
| 10/29/2018 | Sold | $170,000-2.8%$85/sqft |
Source: Greater Chattanooga Realtors #1288046 Report a problem | ||
| 9/14/2018 | Pending sale | $174,900$87/sqft |
Source: Keller Williams Realty #1288046 Report a problem | ||
| 9/13/2018 | Listed for sale | $174,900+33.5%$87/sqft |
Source: Keller Williams Realty #1288046 Report a problem | ||
| 10/14/2017 | Listing removed | $905 |
Source: Walnut Living Report a problem | ||
| 9/23/2017 | Listed for rent | $905 |
Source: Walnut Living Report a problem | ||
| 1/12/2017 | Sold | $131,000-3%$66/sqft |
Source: Public Record Report a problem | ||
| 12/15/2016 | Pending sale | $135,000$68/sqft |
Source: Berkshire Hathaway HomeServices Realty Center #1255125 Report a problem | ||
| 12/2/2016 | Listed for sale | $135,000$68/sqft |
Source: Berkshire Hathaway HomeServices Realty Center #1255125 Report a problem | ||
| 11/7/2016 | Pending sale | $135,000$68/sqft |
Source: Berkshire Hathaway HomeServices Realty Center #1255125 Report a problem | ||
| 11/7/2016 | Listed for sale | $135,000+67.7%$68/sqft |
Source: Berkshire Hathaway HomeServices Realty Center #1255125 Report a problem | ||
| 4/1/2008 | Listing removed | $80,500$40/sqft |
Source: Homes & Land Report a problem | ||
| 2/2/2008 | Listed for sale | $80,500$40/sqft |
Source: Homes & Land Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,464 -30.1% | $77,750 +1.2% |
| 2024 | $3,525 | $76,800 |
| 2023 | $3,525 +17.6% | $76,800 |
| 2022 | $2,996 +74.4% | $76,800 |
| 2021 | $1,718 -1.5% | $76,800 +21.8% |
| 2020 | $1,744 | $63,080 +100.9% |
| 2019 | $1,744 +100.9% | $31,400 |
| 2018 | $868 -49.9% | $31,400 |
| 2017 | $1,734 -7.7% | $31,400 |
| 2016 | $1,879 | -- |
| 2015 | $1,879 +0.5% | $35,240 |
| 2014 | $1,870 +79.9% | -- |
| 2013 | $1,040 | $35,240 -6.3% |
| 2012 | $1,040 | $37,600 |
| 2011 | $1,040 | $37,600 |
| 2010 | $1,040 | $37,600 |
| 2009 | $1,040 | $37,600 +75.7% |
| 2008 | -- | $21,400 |
| 2007 | -- | $21,400 |
| 2006 | -- | $21,400 |
| 2005 | -- | $21,400 +8.8% |
| 2004 | -- | $19,675 |
| 2003 | -- | $19,675 |
| 2002 | -- | $19,675 |
| 2001 | -- | $19,675 +13.1% |
| 2000 | -- | $17,400 |
Find assessor info on the county website
Neighborhood: 37415
Nearby schools
GreatSchools rating
- 4/10Red Bank Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Red Bank Middle SchoolGrades: 6-8Distance: 0.6 mi
- 5/10Red Bank High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Red Bank Elementary
- Middle: Red Bank Middle
- High: Red Bank High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$325,500
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
$325,500
- Tennessee
- Hamilton County
- Red Bank
- 37415
- 3458 Lamar Ave
Nearby cities
Nearby zip codes
Other Red Bank Topics
