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Sold for $315,000
  • $315,000

    4057 Arbor Place Ln, Chattanooga, TN 37416

    4beds
    1,816sqft
    Duplex
    Built in 1967
    -- sqft lot
    $315,000 Zestimate®
    $173/sqft
    $1,634 Estimated rent

    Home value

    $315,000

    $299,000 - $331,000

    $1,634/mo

    Zestimate® history
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    What's special

    Brick exteriorMetal roofStainless steel appliancesLvp flooringWhite cabinetryFresh interior paint throughout
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alexis Scott 615-920-2566,

    Keller Williams Realty

    Bought with:

    Frank Trimble, 314654

    Keller Williams Realty

    Source: Greater Chattanooga Realtors,MLS#: 1531301

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s)
    Features
    • Eat-in Kitchen, Open Floorplan, Recessed Lighting
    • Flooring: Luxury Vinyl
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,816
    • Total interior livable area: 1,816 sqft
    • Finished area above ground: 1,816

    Property

    Parking
    • Parking features: Driveway, Off Street
    Features
    • Levels: One
    • Patio & porch: Front Porch, Porch - Covered
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 90 x 115
    • Features: Level
    Details
    • Parcel number: 120o G 015
    • Special conditions: Investor

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Duplex
    Materials
    • Brick, Wood Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: None
    • Subdivision: Harbor Place
    HOA
    • Has HOA: No
    Location
    • Region: Chattanooga

    Financial & listing details

    • Price per square foot: $173/sqft
    • Tax assessed value: $302,400
    • Annual tax amount: $2,423
    • Date on market: 3/27/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    5/4/2026Sold$315,000+1.6%$173/sqft
    Source: Greater Chattanooga Realtors #1531301 Report a problem
    3/30/2026Contingent$310,000$171/sqft
    Source: Greater Chattanooga Realtors #1531301 Report a problem
    3/27/2026Listed for sale$310,000-1.6%$171/sqft
    Source: Greater Chattanooga Realtors #1531301 Report a problem
    4/8/2024Sold$315,000+5%$173/sqft
    Source: Greater Chattanooga Realtors #1387366 Report a problem
    2/28/2024Contingent$299,900$165/sqft
    Source: Greater Chattanooga Realtors #1387366 Report a problem
    2/23/2024Listed for sale$299,900+42.8%$165/sqft
    Source: Greater Chattanooga Realtors #1387366 Report a problem
    11/30/2023Sold$210,000-14.3%$116/sqft
    Source: Public Record Report a problem
    10/27/2023Pending sale$245,000$135/sqft
    Source: BHHS broker feed #1381682 Report a problem
    10/26/2023Contingent$245,000$135/sqft
    Source: Greater Chattanooga Realtors #1381682 Report a problem
    10/21/2023Listed for sale$245,000+32.4%$135/sqft
    Source: Greater Chattanooga Realtors #1381682 Report a problem
    2/10/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    2/7/2022Listed for rent$825+43.5%
    Source: Zillow Rental Network Premium Report a problem
    10/20/2021Sold$185,000-5.1%$102/sqft
    Source: Public Record Report a problem
    8/12/2021Contingent$195,000$107/sqft
    Source: Greater Chattanooga Realtors #1339942 Report a problem
    7/30/2021Listed for sale$195,000$107/sqft
    Source: Greater Chattanooga Realtors #1339942 Report a problem
    7/24/2021Contingent$195,000$107/sqft
    Source: Greater Chattanooga Realtors #1339942 Report a problem
    7/21/2021Listed for sale$195,000+172.7%$107/sqft
    Source: Greater Chattanooga Realtors #1339942 Report a problem
    3/27/2017Listing removed$575
    Source: Greyhaven Realty Management Co Report a problem
    3/21/2017Listed for rent$575
    Source: Greyhaven Realty Management Co Report a problem
    8/1/2013Sold$71,500-4.7%$39/sqft
    Source: Public Record Report a problem
    6/10/2013Listed for sale$75,000$41/sqft
    Source: Crye-Leike #1196141 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,833 +51.8%$120,960 +124%
    2024$1,208 $54,000
    2023$1,208 $54,000
    2022$1,208 $54,000
    2021$1,208 +32.9%$54,000 +64.2%
    2020$909 $32,880
    2019$909 $32,880
    2018$909 -49%$32,880
    2017$1,784 +0%$32,880
    2016$1,784 --
    2015$1,784 $32,880
    2014$1,784 +50%--
    2013$1,189 $32,880 -23.5%
    2012$1,189 $43,000
    2011$1,189 $43,000
    2010$1,189 $43,000
    2009$1,189 $43,000 +21.3%
    2008-- $35,440
    2007-- $35,440
    2006-- $35,440
    2005-- $35,440 +14%
    2004-- $31,080
    2003-- $31,080
    2002-- $31,080
    2001-- $31,080 -18.6%
    2000-- $38,200
    Find assessor info on the county website

    Neighborhood: 37416

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harrison Elementary
    • Middle: Brown Middle
    • High: Central 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
    $315,000
    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
    $315,000