#1508920, Listing office: Norluxe Realty Chattanooga llc
3708 Monte Vista Dr Unit 08 Chattanooga, TN 37411
Property details
About 3708 Monte Vista Dr Unit 08
Don't miss this excellent investment opportunity - a well-maintained duplex with two bedrooms and two full bathrooms on each side in a super convenient location. One bedroom/bath is on the main level while the second bedroom/bath is in an open loft upstairs. The flooring was replaced with luxury vinyl plank in 2023 on both sides; a list of recent updates is in the documents section of this listing. Both sides are rented for $975 per month; both tenants are past their lease and are on a month-to-month basis. In the documents section of this listing is a rent roll for each side going back to 2022. Unit 3710 was vacant all of 2022 and six months into 2023 because the Seller was caring for a family member who passed away. The HVACs have been maintained semi-annually by Reliable Heating & Air Conditioning Co for as long as the Seller can remember; Invoices for the 2025 maintenance visits are in the documents section of this listing. At the list price, with $23,400 of annual gross income, and a NOI of $19,986, the CAP rate is 8.5%. A better CAP rate is possible through higher rent. Because these units are both rented, no showings are allowed until an accepted contract is reached with a Buyer. Please do not disturb the tenants. The Seller prefers to close at Burns Henry & Kirksey's Chattanooga Office.
Highlights
(Contingent)
Summary
- Basement: No
- Flooring Type: Luxury Vinyl
- Interior: Cathedral Ceiling(s), En Suite
- Fireplace: Living Room, Wood Burning
- Attached Garage: No
- Parking: Driveway, Kitchen Level, Off Street
- Exterior: Gutters, None, Deck
- Heating: Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Electric
- List Price: $236,700
- Price/SqFt: $125
- Lot: Corner Lot, Gentle Sloping, Near Public Transit, Sloped Down
- Directions: From Brainerd Rd and Germantown Rd, take S Germantown Rd (toward I-24) 0.2 miles and turn Left onto Monte Visa Dr. Stay on Monte Vista Dr through the first curve. After Oriole Dr on the Left, this Duplex will be on the Right.
- Year Built: 1984
- Stories: 1
- Living Area: 1,890 SqFt
- Lot Size: 0.31 Acres
- MLS Number: 1517718
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: Zach Taylor - Chattanooga
- Office Phone: (855) 261-2233
- Office Email: emily@berrymanhomes.com
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Last updated on: 8/1/2025, 5:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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Nearby schools
3
Barger Academy
Public Magnet KG-5
1.1 mi
•4808 Brainerd Rd
4
Woodmore Elementary School
Public District PK-5
1.4 mi
•800 Woodmore Ln
3
East Ridge Elementary School
Public District PK-5
1.7 mi
•1014 John Ross Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,152. Typical income of Chattanooga, TN residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 3708 Monte Vista Dr Unit 08
The listing price of 3708 Monte Vista Dr Unit 08 property is $236,700.
The property 3708 Monte Vista Dr Unit 08 is a multi located in Chattanooga, Tennessee, 37411.
Sale Pending: 3708 Monte Vista Dr Unit 08 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 3708 Monte Vista Dr Unit 08 are: Barger Academy (GreatSchools Rating 3/10), Woodmore Elementary School (GreatSchools Rating 4/10), East Ridge Elementary School (GreatSchools Rating 3/10), Chattanooga Charter School of Excellence Middle School (GreatSchools Rating 3/10), Chattanooga Preparatory School (GreatSchools Rating 5/10), Dalewood Middle School (GreatSchools Rating 2/10), Brainerd High School (GreatSchools Rating 2/10), Chattanooga Girls Leadership Academy (GreatSchools Rating 6/10), East Ridge High School (GreatSchools Rating 3/10).
The property 3708 Monte Vista Dr Unit 08 is 1,890 SqFt (source: MLS/tax record).
The year of construction for 3708 Monte Vista Dr Unit 08 is 1984.
This home is located at 3708 Monte Vista Dr Unit 08 in Chattanooga, TN and zip code 37411 in the Brainerd neighborhood. This 1,890 square foot home, which was built in 1984, sits on a 0.31 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 30, 2025 and is currently priced at $236,700.
In July 2025 more than 79 listings in Chattanooga, TN were sold above the asking price. During the same period more than 132 listings were sold at asking price, while more than 246 were sold below. Between June and July 2025, Chattanooga, TN real estate market has seen increase in the number of listings by 2.1%. In July 2025, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $340,488.