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3 Beds
2 Baths
1,392 sqft

$169,000

1622 Waterhouse Street, Chattanooga TN, 37412

Price per sqft$121.41
Built in1977
Property size1,392 sqft
Property typeResidential
Courtesy of Ben Phillips, Zach Taylor - Chattanooga,423-645-4444

Overview

Active

Listed Oct 5, 2026

Updated 3 days ago

RARE INVESTMENT OPPORTUNITY -- SELLER ACCEPTING ALL OFFERS NOW! Bring your vision and take advantage of an opportunity to purchase a home well below online estimated values. Zillow currently estimates the property at approximately $246,400, while another automated valuation reflects approximately $250,000. Property is priced to reflect its current condition and needed repairs. The home sits on a large, level, fenced yard in a super-convenient location just minutes from I-75, shopping and restaurants. Features include an attached carport, large covered front porch, screened back porch, open floor plan and wood-burning fireplace. The property needs renovation before it reaches its full potential. Seller has obtained an approximately $45,000 contractor quote from Eric Walters Construction to complete identified work, including: • Ceiling repairs in three rooms • Electrical work in the kitchen and main living room • New flooring throughout • Interior painting throughout • Kitchen renovation/upgrades • Light exterior cleanup and improvements The property is currently occupied, and the occupants are preparing to relocate out of town. Seller is motivated, ready to move and considering ALL OFFERS NOW. Qualified buyers may also be eligible for a 1% incentive when financing through preferred lender HomeRate Mortgage, subject to lender guidelines, loan qualification and applicable program terms. Investor, renovation or value-add opportunity -- bring your offer! Contact the listing Realtor for property details, contractor information, showing instructions and financing options. Buyer to verify square footage, school zones, property condition, repair estimates and all information deemed important to the purchase.

$1,124/mo

Est. mortgage payment based on a $169,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1544035

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.48 Acres

Other Property Details

Taxes
$1,755
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Ben Phillips, Zach Taylor - Chattanooga,423-645-4444 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kim Bass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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