3889 Bonny Oaks Drive
3889 Bonny Oaks Drive
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Courtesy of Shannon Miller, Keller Williams Realty,901-634-2525
$291,500

3889 Bonny Oaks Drive

4 Beds 2 Baths 1,904 Sq.Ft. 0.29 Acres

Description

Contingent but accepting back up offers. Attention Investors or buyers looking to offset your mortgage with rental income, this Chattanooga property offers flexibility and immediate potential!

This home features two separate living spaces, each with 2 bedrooms and 1 full bath and separate laundry. The upstairs unit has a full kitchen and dining room as well as a bar/pantry area and is vacant and move in ready for a new owner or tenant.

The downstairs unit is currently occupied with a tenant under lease through the end of the year, with the possibility of extending.

Even better the property has undergone extensive renovation within the last 4 years, taking care of many of the big ticket items investors or homeowners look for including windows, HVAC, mini split system downstairs, plumbing, electrical, flooring, cabinetry, and more making this a potentially lower maintenance addition to your rental portfolio.

Two units. Recent renovations. Existing rental income. Multiple ways to make the numbers work. Don't miss this opportunity to own an income producing property that meets the 1% rule in Chattanooga!

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Location

3889 Bonny Oaks Drive, Chattanooga, TN 37406

Status

Sold

Date Sold

October 5, 2026

Property Amenities

Interior
Laundry room Electric Dryer Hookup, In Hall, Laundry Closet, Washer Hookup
Fireplace Electric, Living Room
Appliances Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Ice Maker, Free-Standing Electric Oven, Electric Water Heater, Dryer, Disposal, Dishwasher, Bar Fridge
Flooring Carpet, Luxury Vinyl
Total Bedrooms: 4
Full Bathrooms: 2
Other Interior Features Bar, Granite Counters, Separate Dining Room, Tub/shower Combo, Walk-In Closet(s)
Area & Lot
Total area 1,904 Sq.Ft.
Lot Area 0.29 Acres
Living area 1,904 Sq.Ft.
MLS® ID 1541959
Year Built 1936
High School Brainerd High
Middle School Dalewood Middle
Elementary School Harrison Elementary
Architecture Styles Other
Type Residential
Status Sold
Exterior
Stories 2
Air conditioning Ceiling Fan(s), Central Air, Ductless, Multi Units
Heat type Central, Ductless, Electric
Water Source Public
Sewer Public Sewer
Other Exterior Features Rain Gutters
Parking Gravel
Lot Features Few Trees, Gentle Sloping
Roof Asphalt, Shingle
Utilities Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Finance
Sales Price $291,500
Real Estate Tax $1,745 yearly

Chattanooga

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