
Vacant Duplex | House Hack, Cash Flow, or Value-Add PlayThis loft-style duplex checks the boxes that matter: both units vacant, no inherited tenants or lease headaches, and a clean slate to execute your strategy from day one.House Hack Ready- Move into one side, lease the other, and drastically reduce or eliminate your housing expense. With an FHA or conventional owner-occupant loan, you're looking at low money down and immediate rental income to offset the note. This is the kind of first deal that builds the foundation for a portfolio.Cash Flow From Jump-If you're picking this up as a pure rental, both units can be tenant-ready and leased quickly. The location does the heavy lifting on demand -- set back off the street behind Navajo Dr for that secluded residential feel, but minutes from I-24 and the growing East Ridge and Brainerd corridors. Tenants love the convenience without the busy city streets, which means lower vacancy and longer lease terms.Value-Add Upside- The units are a blank canvas. Targeted upgrades -- think LVP, updated countertops, modern fixtures -- can push rents well above where they'd land as-is. If you're running a light BRRRR or just want to force appreciation, the room is there without a full gut rehab.Location Fundamentals- East Ridge and Brainerd continue to see development and demand. Dining, shopping, and commuter access are all close, and the submarket is trending in the right direction. This is the kind of neighborhood where rents have room to move and tenant demand stays consistent.Whether this is deal number one or number ten, 3233 Conner St is a practical, well-positioned duplex with multiple exit strategies and real upside. Properties like this don't sit -- run your numbers and move.
Listed By
Agency Name: Mountain View Property Management, LLC
Agency Phone: 423-668-0151
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 722.36 per month $509.65 Principal & Interest $145.92 Property Tax $66.79 Homeowner's Insurance
3233 Conner Street | MLS# 1528812
This multi-family property located at 3233 Conner Street, Chattanooga, TN 37411 is currently listed for sale with an asking price of $229,000. Search Chattanooga real estate on www.clcommercialrealestate.com today.