1622 Waterhouse Street Chattanooga, TN 37412
Listing Courtesy of: GREATER CHATTANOOGA / Listed By: Zach Taylor Chattanooga

  1622 Waterhouse Street Chattanooga, TN 37412

Active
$169,000 (USD)
3
BED
2
BATH
1,392
SQFT

Description

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.

MLS #:
1544035
Taxes
$1,755
Lot Size
0.48 acres
Type
Single-Family Home
Year Built
1977
County
Hamilton County

Listed By

Ben Phillips, Zach Taylor Chattanooga
Source
GREATER CHATTANOOGA
Last checked Oct 6 2026 at 9:09 AM GMT+0000
Bathroom Details
  • Full Bathroom: 1
  • Half Bathroom: 1
Interior Features
  • Tub/Shower Combo
  • Separate Dining Room
  • Laundry: Electric Dryer Hookup
  • Laundry: Gas Dryer Hookup
  • Laundry: Washer Hookup
  • Ceiling Fan(s)
Subdivision
  • None
Lot Information
  • Level
  • Split Possible
Property Features
  • Fireplace: Wood Burning
  • Fireplace: Dining Room
  • Fireplace: Kitchen
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Central
  • Electric
  • Central Air
Pool Information
  • None
Flooring
  • Carpet
  • Tile
  • Linoleum
Exterior Features
  • Brick
  • Roof: Shingle
Utility Information
  • Utilities: Cable Available, Electricity Available, Sewer Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: Spring Creek Elementary
  • Middle School: East Ridge Middle
  • High School: East Ridge High
Parking
  • Driveway
  • Gravel
Stories
  • 2
Living Area
  • 1,392 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Greater Chattanooga Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 10/6/26 02:09