Mark Morris
Greater Chattanooga Realty, Keller Williams Realty
(423) 635-7795
95 Total Sales
2 in Red Bank
$230,000 Price Range
3308 Easton Ave Chattanooga, TN 37415
Red Bank Area
4
Beds
3
Baths
1,500
Sq Ft
0.4
Acre Lot
Highlights
- Ranch Style House
- Brick Veneer
- Central Heating and Cooling System
- No HOA
- Living Room
- Carpet
About This Home
As of June 2026Fully leased and RECENTLY REMODELED duplex offering investors a stabilized, INCOME-PRODUCING ASSET in the Red Bank area of Chattanooga. Both units are currently occupied, providing IMMEDIATE INCOME and eliminating the need for lease-up after closing. Recent improvements have modernized the property while maintaining durable, LOW-MAINTENANCE finishes designed for long-term tenant occupancy. Each unit features a functional layout with updates that support CONSISTENT RENTAL DEMAND. Located on a spacious lot with convenient access to downtown Chattanooga, major commuter routes, shopping, and dining, the property benefits from a location that continues to attract renters. Chattanooga's growing population, expanding job market, and steady housing demand have made the city an increasingly attractive market for multifamily investors. With BOTH UNITS LEASED and RENOVATIONS ALREADY COMPLETE, this property presents a rare opportunity to acquire a TURNKEY duplex in a market known for strong rental demand and long-term investment potential. Tenant occupied. Please do not disturb tenants. Please do not walk property. Showings to be scheduled after an offer is accepted.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,634
Year Built
- Built in 1960 | Remodeled
Lot Details
- 17,424 Sq Ft Lot
- Lot Dimensions are 85x150
Parking
- Driveway
Home Design
- Duplex
- Ranch Style House
- Brick Veneer
- Block Foundation
- Shingle Roof
- Block And Beam Construction
Interior Spaces
- 1,500 Sq Ft Home
- Living Room
- Washer and Dryer Hookup
Kitchen
- Electric Range
- Stove
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Schools
- Rivermont Elementary School
- Red Bank Middle School
- Red Bank High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 118h F 012
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lupton Hills Subdivision
Building Details
- Gross Income $33,144
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 7, 2025
Closed on
Mar 25, 2025
Sold by
Bought by
Seller's Agent
Brandi Thompson
Greater Downtown Realty dba Keller Williams Realty
Buyer's Agent
Brandi Thompson
Greater Downtown Realty dba Keller Williams Realty
List Price
$253,867
Sold Price
$230,000
Premium/Discount to List
-$23,867
-9.4%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.54%
Original Mortgage
$172,500
Outstanding Balance
$170,235
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$119,615
Purchase Details
Closed on
May 6, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,470
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 21, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chattanooga, TN
-
Mark Morris
-
Linda Loner
Linda Loner
Crye-Leike, REALTORS
(762) 226-9567
42 Total Sales
1 in Red Bank
$288,000 Price
-
Benjamin Helton
Benjamin Helton
RE/MAX Properties
(423) 497-3851
29 Total Sales
2 in Red Bank
$315,000 Price Range
-
Linda Gaddis
Linda Gaddis
35 South Real Estate & Design, LLC
(423) 497-0831
54 Total Sales
2 in Red Bank
$430K - $496K Price Range
-
Denise Howard
Denise Howard
Realty Executives Associates
(865) 276-7628
35 Total Sales
1 in Red Bank
$60,000 Price
-
Michael Bishop
Michael Bishop
Bishop Realty LLC
(423) 436-8346
71 Total Sales
3 in Red Bank
$285,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | Title Guaranty & Trust | |
| Warranty Deed | $390,000 | Title Guaranty & Trust | |
| Deed | $85,000 | -- | |
| Warranty Deed | $85,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,500 | New Conventional | |
| Previous Owner | $32,470 | Construction | |
| Previous Owner | $340,700 | New Conventional | |
| Previous Owner | $551,921 | Commercial | |
| Previous Owner | $85,000 | Purchase Money Mortgage | |
| Previous Owner | $50,000 | Seller Take Back |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Sold | $292,000 | +0.7% | $195 / Sq Ft | |
| 04/24/2026 04/24/26 | Pending | -- | -- | -- | |
| 03/05/2026 03/05/26 | For Sale | $290,000 | +26.1% | $193 / Sq Ft | |
| 03/25/2025 03/25/25 | Sold | $230,000 | -9.4% | $153 / Sq Ft | View Prior Sale |
| 02/07/2025 02/07/25 | Price Changed | $253,867 | 0.0% | $169 / Sq Ft | |
| 02/07/2025 02/07/25 | For Sale | $253,867 | +10.4% | $169 / Sq Ft | |
| 01/27/2025 01/27/25 | Off Market | $230,000 | -- | -- | |
| 12/17/2024 12/17/24 | For Sale | $219,900 | -- | $147 / Sq Ft |
Source: Greater Chattanooga REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,397 | $92,160 | $0 | $0 |
| 2024 | $1,208 | $54,000 | $0 | $0 |
| 2023 | $2,250 | $54,000 | $0 | $0 |
| 2022 | $1,851 | $54,000 | $0 | $0 |
| 2021 | $2,235 | $54,000 | $0 | $0 |
| 2020 | $1,988 | $37,520 | $0 | $0 |
| 2019 | $1,988 | $37,520 | $0 | $0 |
| 2018 | $1,988 | $37,520 | $0 | $0 |
| 2017 | $1,910 | $37,520 | $0 | $0 |
| 2016 | $1,910 | $0 | $0 | $0 |
| 2015 | $1,901 | $36,000 | $0 | $0 |
| 2014 | $1,901 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Chapman
Seller's Agent in 2026
Erik Chapman
EXP Realty LLC
(256) 221-1295
105 Total Sales
-
Corey Ballew
Buyer's Agent in 2026
Corey Ballew
REAL Broker
(423) 529-0696
153 Total Sales
-
Brandi Thompson
Seller's Agent in 2025
Brandi Thompson
Greater Downtown Realty dba Keller Williams Realty
(423) 664-1900
198 Total Sales
Map
Source: Greater Chattanooga REALTORS®
MLS Number: 1529814
APN: 118H-F-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is deemed reliable but is not guaranteed accurate by the MLS.
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Copyright© 2026 by Chattanooga Association of REALTORS®
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