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Listing view 3

1622 Waterhouse Street, 
Chattanooga, TN 37412

$159,999


3

Beds


2

Baths


1,392

Sq Ft


Single Family

Active

Listed by

Ben Phillips

Zach Taylor - Chattanooga

855-261-2233

Last updated:

October 14, 2026, 02:58 PM

MLS#

1544035

Source:

TN CAR

About This Home

1622 Waterhouse Street

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1977

Subdivision & Development:

None

Price Summary

159,999

$114 per Sq. Ft.

MLS #:

1544035

Last Updated:

October 14, 2026, 02:58 PM

Added:

11 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,392 Sq. Ft.


Structure

Structure

Building Area:

1,392 Sq. Ft.

Year Built:

1977


Lot

Lot Size (Sq. Ft):

20,908


Finances & Disclosures

Finances

Price:

$159,999

Price per Sq. Ft:

$114 per Sq. Ft.

Source:TN CAR
The information being provided by Greater Chattanooga Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Chattanooga Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.