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8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
8740 Millard Lee Lane
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$305,000

8740 Millard Lee Lane

1,834 Sq.Ft.

Description

Welcome to 8740 Millard Lee Ln, a rare opportunity to own a fully updated duplex in a convenient location with cheap, county-only taxes! Situated on a quiet street, this property is just a short walk to Booker T. Washington State Park and the lake, offering easy access to outdoor recreation, and just minutes to Highway 153.
This duplex features two identical 2-bed, 1-bath units, making it perfect for house hacking--live in one side and rent the other--or renting out both units for strong cash flow! Both units have excellent rental history - the right side rented consistently for $1,295 per month, while the left side was rented to a family member at a discounted rate of $950 per month but can easily achieve $1,295 or more. Both units are now vacant, allowing a new owner the flexibility to move in or choose their own tenants and lease immediately.
The property has been fully renovated with new LVP flooring throughout, fresh interior and exterior paint, and a new roof installed in 2022. A brand-new septic system and field lines were installed in 2023, and the left unit had a brand-new water heater and expansion tank added in 2025. Both units feature newer stainless steel Whirlpool appliances and modern butcher block countertops, and the right unit features new cabinets. New energy-efficient windows and new sliding glass doors were installed throughout both units, which makes utility bills cheaper. The bathrooms have been renovated with updated shower/tubs, fixtures, lighting, and vanities. The left unit also has a newer interior and exterior HVAC system installed in 2021. The bedrooms and kitchens are spacious, and each kitchen boasts a pantry for added storage.
Sitting on nearly half an acre, this property boasts a massive, level, and private backyard, offering plenty of space for outdoor activities. Each unit includes a private laundry area with hookups located in attached storage sheds, providing extra convenience and additional storage.
With outstanding renta history and fully turnkey condition, this is a prime investment opportunity with so much potentialall the work has already been done! Don't miss out- schedule your showing today!

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Location

8740 Millard Lee Lane, Chattanooga, TN 37416

Status

Sold

Property Amenities

Interior
Laundry room In Unit, Laundry Closet
Appliances Water Heater, Stainless Steel Appliance(s), Refrigerator, Range Hood, Oven, Freezer, Free-Standing Range, Dishwasher, Cooktop
Flooring Luxury Vinyl, Vinyl
Other Interior Features Eat-in Kitchen, Open Floorplan, Pantry, Storage, Tub/shower Combo
Area & Lot
Lot Area 0.41 Acres
Living area 1,834 Sq.Ft.
MLS® ID 1509374
Year Built 1981
High School Central High School
Middle School Brown Middle
Elementary School Harrison Elementary
Type Multi-Family
Status Sold
Exterior
Stories 1
Air conditioning Central Air, Electric
Heat type Central, Electric
Water Source Public
Other Exterior Features Private Yard, Rain Gutters, Storage
Parking Driveway
Lot Features Back Yard, Cleared, Front Yard, Level
Roof Shingle
Utilities Electricity Connected, Water Connected
Finance
Sales Price $305,000
Real Estate Tax $1,226 yearly

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