5 months on rocket

3419-3421 Gail Dr, East Ridge, TN, 37412

$359,999

Home List Price

$4,275*

Closing Credit

0 Baths
2,238 SqFt
$161/SqFt
Multi

Location

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3419-3421 Gail Dr, East Ridge$359,999

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Street
Year Built1968
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
MLS #1395591
Lot Size0.23 Acres
StatusActive

About 3419-3421 Gail Dr

Amazing investor or an owner-occupant investment! This is a stabilized duplex in East Ridge with immediate cash flow. The building consists of two 2 bedroom, 1.5 bathroom apartments. Very well-maintained property! Ten minutes from the mall or downtown. Five minutes from Interstates 24/75. Showings can be scheduled with an offer.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Stories: 1
  • Living Area: 2,238 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: Starting onto I-75 South towards Chattanooga. Merge onto I-24 W via EXIT 2 toward Chattanooga/Birmingham/I-59. Take EXIT 183A toward Belvoir Ave/Germantown Rd. Merge onto N Terrace. Turn left onto S Germantown Rd. Turn right onto Ringgold Rd/US-76 W/US-41 N/TN-8. Turn left onto S Seminole Dr. Turn right onto Gail Dr. Then the destination is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $359,999
  • Price Per SqFt: $161/SqFt
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Housing Market Comparison

See how this home compares to others in East Ridge, TN.

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East Ridge, TN

City

Med. Sold Price

$270K

Med. Price/SqFt

$188

Avg. Days On Market

19

# of Sold Homes

27

3419-3421 Gail Dr vs East Ridge

158 DAYS ON ROCKET

+139 Days

$359,999

+$89.9K More

$161/SqFt

-$28 Less

KEY TAKEAWAY

This property is $89.9K more than the Median Sold Price and $28/SqFt less than other homes in East Ridge, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1395591

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213

IDX The data relating to real estate for sale on this web site 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 information deemed reliable but not guaranteed. 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. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4346607
2
/10

  • East Lake Elementary School

  • 3600 13th Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-4346608
3
/10

  • East Ridge Elementary School

  • 1014 John Ross Rd

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-4346609
3
/10

  • Clifton Hills Elementary School

  • 1815 E 32nd St

  • 1.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,462. The majority of East Ridge, TN residents have income less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Tennessee›Hamilton County›East Ridge›37412›3419-3421 Gail Dr

This home is located at 3419-3421 Gail Dr in East Ridge, TN and zip code 37412. This 2,238 square foot home, which was built in 1968, sits on a 0.23 acre lot. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $359,999.

In November 2024, from all listings sold in East Ridge, TN there were more than 7 sold above asking price, over 12 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in East Ridge, TN between October 2024 and November 2024 decreased by 9.4%. The median list price of listings available in November 2024 was $270,000, while the average time on the real estate market was 19 days.

From Rocket Homes Real Estate and based on county public records data.

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