Description
Turnkey investment opportunity in East Ridge! This all-brick duplex at 732 Marley Way sits on a private, wooded cul-de-sac lot and offers immediate cash flow with both units currently occupied by paying tenants (combined rent of $2,975/month). Each 1,056-square-foot unit features two bedrooms, a full bath plus a half bath, an eat-in kitchen, a spacious living room, and in-unit washer/dryer hookups. Tenants enjoy their own private deck space and off-street parking, while tenants cover all utilities, keeping overhead low for ownership. Built in 1975 with a durable brick exterior and slab foundation, the property requires minimal exterior maintenance. Ideally located just off I-24 near Belvoir and Fountain Ave, with easy access to shopping, dining, and downtown Chattanooga. Zoned for East Ridge Elementary, Middle, and High School. Whether you are growing your portfolio or acquiring your first income property, 732 Marley Way offers a rare combination of location, condition, and immediate returns.
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4BEDS
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0.27ACRES
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0BATHS
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01/2 BATHS
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2,112SQFT
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$159$/SQFT
School Information
Description
Turnkey investment opportunity in East Ridge! This all-brick duplex at 732 Marley Way sits on a private, wooded cul-de-sac lot and offers immediate cash flow with both units currently occupied by paying tenants (combined rent of $2,975/month). Each 1,056-square-foot unit features two bedrooms, a full bath plus a half bath, an eat-in kitchen, a spacious living room, and in-unit washer/dryer hookups. Tenants enjoy their own private deck space and off-street parking, while tenants cover all utilities, keeping overhead low for ownership. Built in 1975 with a durable brick exterior and slab foundation, the property requires minimal exterior maintenance. Ideally located just off I-24 near Belvoir and Fountain Ave, with easy access to shopping, dining, and downtown Chattanooga. Zoned for East Ridge Elementary, Middle, and High School. Whether you are growing your portfolio or acquiring your first income property, 732 Marley Way offers a rare combination of location, condition, and immediate returns.
732 Marley Way Chattanooga, TN 37412
Property Description
Architectural Style [] Attached Garage YN No Carport YN No Construction Materials Brick Exterior Features [] Fencing [] Foundation Details Slab Garage YN No Lot Features Cul-De-SacGentle Sloping Other Structures [] Parking Features Off Street Patio And Porch Features [] Pool Features [] Roof Shingle Roof Shingle Yes Structure Type DuplexMulti Family View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances [] Basement None Basement YN No Building Area Total 2112 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating CentralElectric Heating YN Yes Interior Features Eat-in Kitchen Laundry Features [] Levels [] Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Structure Type Multi Family Yes Tax Annual Amount 2831.09 Utilities Electricity ConnectedSewer ConnectedWater Connected Utilities Sewer Connected Yes Water Source Public
Listing information © 2026 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Keller Williams Realty: 423-664-1900.
