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FOR SALE AS IS- VALUE-ADD INVESTMENT OPPORTUNITY: Rare opportunity to acquire a value-add investment property with built-in income potential. This 4-bedroom, 3 bath home with approximately 2259 sq ft is already seperately metered for two units andoffers the potential to be reconfigured into a 5-bedroom residence OR a 3-unit rental, making it an ideal project for investors seeking strong returns. The main level features 2 bedrooms, 2 baths, 2 separate living areas, a formal dining room and a den, allowing flexible reconfiguration and additional bedroom or unit potential. The attached upper-level suite includes two bedrooms, one bathroom, a living room and laundry hookups, making it well suited for a long-term rental, short-term rental or a mother in law suite. Additional highlights include a crawl space foundation, onsite covered parking and a charming covered front porch with stone accents-adding curb appeal that enhances resale or rental value. While the property requires renovation, it represents a true value-add opportunity with multiple exit strategies; renovate and resell, hold as a multi-unit rental, or convert into a 3-unit income producing asset. Buyer to verify all information.
Property Type(s):
Single Family
| Last Updated | 1/2/2026 | Tract | None |
|---|---|---|---|
| Year Built | 1920 | Community | Chattanooga |
| County | Hamilton |
SCHOOLS
| Elementary School | Hardy Elementary |
|---|---|
| Jr. High School | Orchard Knob Middle |
| High School | Brainerd High |
Additional Details
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range, Oven, Refrigerator, Water Heater |
| AREA | Chattanooga |
| CONSTRUCTION | Stone, Wood Siding |
| EXTERIOR | Private Yard, Rain Gutters |
| HEAT | Wall Furnace |
| INTERIOR | Bookcases, In-Law Floorplan |
| LOT | 0.25 acre(s) |
| LOT DIMENSIONS | 75X135 |
| PARKING | Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | A-Frame |
| SUBDIVISION | None |
| TAXES | 763.96 |
| UTILITIES | Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected |
| WATER | Public |
Location
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Listing Courtesy of Keller Williams Realty
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Data is deemed reliable but is not guaranteed accurate by the MLS.
Keller Williams Realty does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded.
This site was last updated on 1/12/26 6:59 PM PST
Copyright© 2002 by Chattanooga Association of REALTORS®
This IDX solution is (c) Diverse Solutions 2026.
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