Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Pryor Realty, Inc.

4057 Arbor Place Lane, 
Chattanooga, TN 37416

$315,000


Bed


Bath


1,816

Sq Ft


Multi-Family

Sold

Listed by

Alexis Scott

Keller Williams Realty

423-664-1900

MLS#

1531301

Source:

TN CAR

Sorry, we are unable to map this address

About This Home

4057 Arbor Place Lane

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.

Home Facts

Multi-Family

Built in 1967

Price Summary

310,000

$170 per Sq. Ft.

MLS #:

1531301

Sold:

May 4, 2026


Rooms & Interior

Interior

Living Area:

1,816 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

1,816 Sq. Ft.

Year Built:

1967


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$310,000

Price per Sq. Ft:

$170 per Sq. Ft.

Source:TN CAR
The information being provided by Greater Chattanooga Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Chattanooga Association Of REALTORS® All rights reserved.