$5,047

closing credit¹

3207 Joselin Ln Chattanooga, TN 37415

$425,000
1,920 sqft
0.3 acres
$221 / sqft
Multi-Family

Property details

About 3207 Joselin Ln

PRODUCING OVER $4,000 IN MONTHLY RENTAL INCOME! This fantastic duplex is located in the heart of Red Bank just minutes from Downtown Chattanooga. With a lease already in place for one unit and the other used as a successful midterm rental, this is a no brainer for any investor looking to start or expand their Chattanooga portfolio. This could also be a great fit for a financially savvy homeowner. The property is situated on a huge lot and includes a large outbuilding and could potentially accomodate an additional ADU for someone desiring to add an additional rental unit. It offers an 8 year old metal roof, modern kitchen appliances, a new water heater in unit A, renovated bathroom in unit A, new gutter guards, and many additional improvements and upgrades throughout. Property is tenant occupied. No showings until contract is accepted.

Highlights

Home typeDuplex
StatusActive
CoolingCentral Air, Electric
Size1,920 sqft
Lot size0.26 Acres
Year built1970
ParkingOff Street
MLS #1505849

Summary

  • MLS Number: 1505849
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: EXP Realty LLC
  • Office Phone: (888) 519-5113
  • Office Email: tn.mls@exprealty.net

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a front lawn

$425,000

3207 Joselin Ln

$5,047

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 08, 2021
Home Sold
$317,000
Feb 29, 2008
Home Sold
$220,000
Jul 30, 2001
Home Sold
$82,000
Feb 01, 1993
Home Sold
$55,000

Tax history

YearAssessmentProperty Tax
2020$26,250$1,523
2019$26,250$1,519
2017$26,250$1,465

History based on county public records data.

Nearby schools

5

Rivermont Elementary School

Public District PK-5

1.1 mi

3330 Hixson Pike

4

Red Bank Elementary School

Public District PK-5

1.7 mi

1100 Mountain Creek Rd

6

Alpine Crest Elementary School

Public District KG-5

2.0 mi

4700 Stagg Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,000. Residents of Chattanooga, TN typically earn less than $<35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

53%
<35k
41%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

54%
Single, No Kids
15%
Single, with Kids
17%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
34%
18-34 yrs old
35%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Books-a-MillionBooks-a-Million

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Dominos PizzaDominos Pizza
  • QdobaQdoba

What do the neighbors drive?

  • PontiacPontiac
  • MazdaMazda
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3207 Joselin Ln in Chattanooga, TN and zip code 37415 in the Stuart Heights neighborhood. This 1,920 square foot home, which was built in 1970, sits on a 0.26 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $425,000.

Over 47 listings were sold over their listed price in December 2024 in Chattanooga, TN. In the same period over 216 listings were sold below the listed price and 100 listings were sold for the listed price. Between November and December 2024, Chattanooga, TN real estate market has seen decrease in the number of listings by 8.3%. In December 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $329,879.

From Rocket Homes Real Estate and based on county public records data.

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