3889 Bonny Oaks Drive, Chattanooga, TN 37406

$291,500
4
BD
2
BA
1,904
SqFt

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Sold Price
$291,500
List Price
$295,000
Closing Date
Oct 05, 2026
MLS#
1541959
Bedrooms
4
Full-baths
2
Sq. Ft
1,904
Acres
0.29
Year Built
1936

Property 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!

Additional Information

Style
Other
Stories
2
Exterior
HardiPlank Type, Stone, Wood Siding
Interior
Bar, Granite Counters, Walk-In Closet(s), Tub/shower Combo, Separate Dining Room
Roof
Asphalt, Shingle
Floors
Carpet, Luxury Vinyl
Foundation
Slab
Basement
Finished, Full
Appliances
Bar Fridge, Dryer, Disposal, Dishwasher, Electric Water Heater, Free-Standing Electric Oven, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Exterior Features
Rain Gutters
Lot Description
Few Trees, Gentle Sloping
Fireplace Description
Electric, Living Room
Cooling
Central Air, Ceiling Fan(s), Ductless, Multi Units
Heating
Central, Ductless, Electric
Elementary School
Harrison Elementary
Middle School
Dalewood Middle
High School
Brainerd High
Financing Available
Cash, Conventional, FHA

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Selling Office: .