Active

3932 Bowman Lane

Chattanooga, TN 37416
Mark as Favorite
Bed 5

Bed

Bath 4

Bath

SqFt2,428

Sqft

Acres0.31

Acre(Lot)

An opportunity to own an income-producing duplex in a convenient Chattanooga location! With both units rented, this property offers established rental income, spacious floor plans and flexibility for your investment goals. The duplex features a three-bedroom, two-bath unit and a two-bedroom, one-and-a-half-bath unit, totaling approximately 2,428 square feet. One unit rents for $1,750 per month under a one-year lease beginning August 2026, while the other rents for $1,350 per month on a month-to-month agreement. Combined gross rental income is $3,100 per month, or $37,200 annually at current rents. Previously updated electrical, plumbing, flooring and appliances complement the partial brick exterior, while two garage spaces provide convenient parking and storage. Situated on approxima tely 0.30 acres near Highway 58, the property offers easy access to shopping, dining and downtown Chattanooga. Whether you're purchasing your first investment property or expanding your portfolio, this duplex combines established rental income with options for the future. All interior photos were taken prior to tenants moving in. Please do not disturb tenants. No showings until the property is under contract. Access will be coordinated following an accepted, fully executed purchase agreement.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $365,000

AD Id : 91636969

MLS Id : 1543830

Beds : 5

Lot Size : 0.31 Acre

Living Area Size : 2,428 Sq. Ft

Tax Amount : $3,936.37

Year Built : 1971

County : Hamilton

Subdivision: Murray Hill Ests

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Finished
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle Appliances: Water Heater, Refrigerator, Dishwasher, Built-In Electric Range, Built-In Electric Oven Laundry Features: In Garage, In Unit
  • Heating & Cooling

    Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1971 Building Area Total: 2428 Construction Materials: Block Patio And Porch Features: Deck, Front Porch, Rear Porch Private Pool: No
  • Exterior Features

    Exterior Features: Private Yard

  • Lot Information

    Lot Dimensions: 90.02X152.3 Main Square Feet: 0.31 Acres Lot Size Acres: 0.31 Lot Size Square Feet: 13503.6 Lot Description: Back Yard

    Property Information

    Subdivision: Murray Hill Ests Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Duplex Property Age: 55

  • Listing Price Information

    Listing Price: $365000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 129b A 028 Annual Tax: $3936.37 Tax Legal Desc: Lt 94 Murray Hill Estates Unit 4 Pb 25 Pg117 3188 01C 56

  • Parking Information

    Driveway, Garage, Garage Faces Front

    Garage Information

    Has Garage: Yes

  • School Information

    Elementary School: Harrison Elementary
    Junior High School: Brown Middle
    Senior High School: Central High School
  • Utility Information

    Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: Take Highway 58 north to Webb Road, then turn left onto Bowman Lane and continue to 3932 Bowman Lane WaterSource: Public
Sell a home like this and save $21,401 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7822 Basswood Drive, Chattanooga, TN, 37416 $249,900 4 2 1,868 0.31 Acre
5024 Brogden Trail, Chattanooga, TN, 37416 $295,000 4 4 1,435 0.26 Acre
4072 Arbor Place Lane, Chattanooga, TN, 37416 $265,000 4 2 1,920 0.25 Acre
3975 Arbor Place Lane, Chattanooga, TN, 37416 $270,000 4 2 1,920 --

The data relating to real estate for sale on this website 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 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. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 10/03/2026 @ 21:22

MLS: 1543830 LISTED BY: Gregory Depasquale, Real Estate Partners Chattanooga LLC 423-265-0088 SOURCE: Greater Chattanooga REALTORS

Homes around $365,000

Selling? Save $21,401 when you sell a home like this

Tour with a ByOwner Agent