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2 & 4 Newman Drive

Rossville, GA 30741
  • $510,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 1522533
UPDATED: 15 min ago
$510,000
  • 0
    BEDS
  • 1.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,764
    SQFT
  • $289
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1996
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This investment package includes two duplexes on Newman generating $5,410/month ($64,920 annually). At 2 Newman, Unit 2A was updated in 2022 with a new HVAC, water heater, and accessibility features, and is leased through October 2025. Unit 2B is leased through July 2026 to tenants of 15+ years. At 4 Newman, Unit 4A is a remodeled, fully furnished, ADA-accessible 2 bed/1 bath with extensive accessibility features and furnishings beyond the basics, leased through August 2026. Unit 4B is leased through June 2026. The owner covers water, trash, and lawn care for all units, plus internet for Unit 4A. Both roofs will be four years old in November. These properties offer stable tenants, strong cash flow, and rare accessibility upgrades.

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www.elizabethmoyerhomes.com/homes/169020066
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2 & 4 Newman Drive Rossville, GA 30741

  • Price: $510,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 15 min ago
  • MLS #: 1522533
0
Beds
0
Baths
0
½ Baths
1.8
Acres
1,764
SQFT
$289
$/SQFT
1996
Built
Neighborhood:
None
County:
Walker
Area:
Rossville
Elementary School:
Stone Creek Elementary School
Middle School:
Crossville
High School:
Ridgeland High School
Property Description
This investment package includes two duplexes on Newman generating $5,410/month ($64,920 annually). At 2 Newman, Unit 2A was updated in 2022 with a new HVAC, water heater, and accessibility features, and is leased through October 2025. Unit 2B is leased through July 2026 to tenants of 15+ years. At 4 Newman, Unit 4A is a remodeled, fully furnished, ADA-accessible 2 bed/1 bath with extensive accessibility features and furnishings beyond the basics, leased through August 2026. Unit 4B is leased through June 2026. The owner covers water, trash, and lawn care for all units, plus internet for Unit 4A. Both roofs will be four years old in November. These properties offer stable tenants, strong cash flow, and rare accessibility upgrades.
Exterior Features

Architectural Style [] Attached Garage YN No Construction Materials [] Exterior Features [] Fencing [] Foundation Details [] Lot Features Level Other Structures [] Parking Features ConcreteDrivewayOff Street Patio And Porch Features DeckPatio Pool Features [] Roof Shingle Roof Shingle Yes Structure Type Multi Family View [] View YN No Waterfront Features [] Waterfront YN No

Interior Features

Accessibility Features [] Appliances Oven Basement [] Basement YN No Building Area Total 1764 Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring [] Heating Ceiling Heating YN Yes Interior Features Eat-in Kitchen Laundry Features Washer Hookup Levels One Window Features []

Property Features

Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHA New Construction YN No Other Equipment [] Property Sub Type Multi Family Security Features [] Senior Community YN No Sewer Septic Tank Special Listing Conditions [] Structure Type Multi Family Yes Tax Annual Amount 1636.23 Utilities [] Water Source Public

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Listing information © 2025 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Berkshire Hathaway HomeServices J Douglas Properties: 423-498-5800.



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Elizabeth Moyer Homes and Design/Keller Williams Realty
202 Manufacturers Road
Chattanooga TN, 37405