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2815 3rd Ave, Chattanooga, TN, 37407

2beds
1baths
768sqft
$125,000
$163price/sqft
$1,141/moest. monthly cost
$45,640/yrincome needed

About This Home

Discover this charming 2-bedroom, 1-bathroom home in Chattanooga's rapidly growing East Lake area! This property is currently leased for $975 per month with reliable tenants already in place, which presents an excellent opportunity for investors. Inside, the home offers a functional layout with comfortable living spaces. Outside, you'll find a large detached outbuilding with exciting potential, perfect for converting into a workshop, studio, or even an ADU to create additional rental income. Conveniently located just minutes from downtown Chattanooga, as well as nearby shops, restaurants, and parks, this property combines strong rental potential with a highly accessible location. Whether you're looking to expand your investment portfolio or purchase your first rental property, this turnkey opportunity is one you won't want to miss. *Do not disturb tenants*

Getting Around

42
WalkingCar-Dependent
22
TransitMinimal Transit
51
BikeBikeable

Schools

4/10
4/10
4/10
The Howard SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1965

Materials

  • Foundation: Block
  • Roof: Asphalt,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Refrigerator,Washer/Dryer Stacked,Water Heater
  • Laundry features: Main Level

Bathroom

  • Level: First

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Ceiling Fan(s),Tub/shower Combo
  • Window features: Aluminum Frames
  • Flooring: Carpet,Tile,Vinyl
  • Finished area above ground: 768

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 768
  • Total interior livable area: 768 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 156j F 013

Features

  • Patio & porch: Rear Porch,Porch - Covered
  • Exterior features: Rain Gutters
  • Fencing: Chain Link

Lot

  • Lot size: 7,840 sqft
  • Features: Level
  • Lot size dimensions: 50 x 145

Parking

  • Parking features: Driveway,Off Street