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About This Home

This 4-bedroom, 2-bathroom residential multi family at 188 Frawley Road in Chattanooga, TN is listed for $275,000 ($148 per sqft). Built in 1985, the home offers 1,860 sqft of living space on a 0.11 acres lot.

Agent Description

Investment opportunities like this are becoming increasingly difficult to find in East Ridge. Ideally located just minutes from I-75 at Exit 1, this updated duplex sits in one of the fastest-growing areas of Greater Chattanooga and offers strong income potential for both investors and owner-occupants.

Each side features 2 bedrooms, 1 full bath, updated kitchens, new vinyl flooring, fresh paint, and modern updates throughout. The seller recently installed a brand-new roof, providing added peace of mind and reducing future maintenance expenses. HVAC heater blower changed in unit 188.

HVAC in unit 190 is 4 years old. Previously rented for $1,250 per side, with projected rental potential of approximately $1,250 to $1,500 per month per unit, this property offers an attractive opportunity for cash flow and long-term appreciation. Both units are currently vacant, allowing a new owner to set market rents immediately or occupy one side while generating income from the other.

The location is hard to beat. Enjoy walkability and quick access to Camp Jordan, Topgolf, Bass Pro Shops, the Red Wolves Soccer Stadium, Chick-fil-A, and East Ridge's growing restaurant and entertainment district. Downtown Chattanooga is just a short drive away, making this property appealing to tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit and renting the other, this duplex checks all the boxes.

Key Features

  • Built in 1985
  • 0.11 acre lot
  • 2 stories

Property Details

2 stories
2 full
1985

Amenities

A/C

Monthly Cost Estimate

$1,471/mo

20% down · 6.5% · 30 years

Principal$199
Interest$1,192
Insurance$80

Estimates only. Actual payments may vary.

Location

188 Frawley Road

Chattanooga, TN 37412

Features & Amenities

Interior Features

Ceiling Fan(s)Eat-in Kitchen

Property Details

Flooring

VinylCarpet

Construction

Vinyl Siding

Pool Features

DeckPatio

Parking

Off Street

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

RefrigeratorMicrowaveElectric RangeDishwasher

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 188 Frawley Road is listed at $275,000 ($148/sqft). The estimated monthly payment is $1,192 based on 20% down at 6.5% interest.

Key features include: Built in 1985, 0.11 acre lot, 2 stories. Interior Features: Ceiling Fan(s), Eat-in Kitchen.

This property is listed by Michael Kelly and can be reached at 4236453862 or mikekellyhomes@gmail.com.

MK

Michael Kelly

Agent at REAL Broker

(423) 645-3862

Listed by REAL Broker · View on Broker Site

MLS# 1537375· Source: listhub· Updated 3 days ago

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

188 Frawley Road, Chattanooga, TN 37412

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