




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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