Bought with Simeon Hinchman
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5006 Marylin Ln Lane Chattanooga, TN 37411
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Key Details
Sold Price $300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,948 sqft
Price per Sqft $50
Subdivision Peppermill Village # 2
MLS Listing ID 3032019
Sold Date 09/30/25
HOA Y/N No
Year Built 1983
Annual Tax Amount $5,578
Lot Dimensions 82.5X159
Property Description
Exclusive duplex portfolio offering immediate income and long-term upside. This rare package includes three adjacent duplexes on Marylin
ln, and offers strong cash flow potential in a high-demand corridor of Chattanooga.
Each property is separately metered with all city utilities, easy access to downtown, transit routes, and local amenities. Perfect for investors looking to scale quickly or 1031 exchange buyers seeking a stable, performing asset with value-add upside.
Highlights:
Flexible month-to-month leases
Recent upgrades
Strong rental demand area
Value-add potential through rent optimization.
Don't miss this opportunity to acquire a high-density, income-producing portfolio in Chattanooga's appreciating market.
No showings of occupied units until accepted offer in place.
5006, 5007, and 5009 Marylin Ln duplexes are listed as a package and as individual units.
Agent is related to seller.
Location
State TN
County Hamilton County
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Other
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick
New Construction false
Schools
Elementary Schools Woodmore Elementary School
Middle Schools Dalewood Middle School
High Schools Brainerd High School
Others
Senior Community false
Special Listing Condition Standard
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