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3 Beds
2 Baths
1,392 sqft

$159,999

1622 Waterhouse Street, Chattanooga TN, 37412

Price per sqft$114.94
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 2h ago

RARE INVESTMENT OPPORTUNITY • MOTIVATED SELLER • ALL OFFERS CONSIDERED! BUY BELOW ESTIMATED MARKET VALUE! Online automated valuations suggest approximately $246,000-$250,000, but this property is priced to reflect its current condition and renovation needs. A fantastic opportunity for investors, renovators, or buyers looking to build equity! LARGE LEVEL FENCED YARD • COVERED FRONT PORCH • SCREENED BACK PORCH • ATTACHED CARPORT! Conveniently located minutes from I-75, shopping, dining, and everyday amenities. Inside, enjoy an open floor plan and wood-burning fireplace with plenty of potential to make this home your own! RENOVATION OPPORTUNITY! Seller has obtained an approximately $45,000 contractor estimate covering ceiling repairs in three rooms, electrical improvements, new flooring, interior painting, kitchen updates, and light exterior improvements. Contractor estimate available upon request. Actual costs and scope subject to buyer verification. SELLER IS MOTIVATED AND READY TO MAKE A DEAL! Property is currently occupied, with occupants preparing to relocate. Seller is actively reviewing ALL OFFERS! SPECIAL FINANCING INCENTIVE! Qualified buyers may be eligible for a lender credit of up to 1% of the loan amount toward allowable closing costs and/or an interest-rate buydown, subject to lender approval and program guidelines. Ask your agent for details! INVEST • RENOVATE • BUILD EQUITY! Bring your vision and your offer! Contact your Realtor for showing instructions and additional property details. Buyer to verify square footage, schools, property condition, renovation costs, financing eligibility, and all information deemed important.

$1,064/mo

Est. mortgage payment based on a $159,999 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 Courtney McCleskey shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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