Property Attributes
- MLS#1530255
- TypeSingle Family
- Listing Status Active
- CountyHamilton
- CityChattanooga
- AreaChattanooga
- NeighborhoodMontagues Addn
- Zip37407
- StyleSingle Family Residence
- Year Built1920
- Taxes$ 1273
- Price$ 217,900
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2170
- Lot Size0.16 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description
Turnkey investment opportunity in East Lake! This income-producing property is tenant-occupied on a 12-month lease at $1,695 per month from November 2025 through November 2026, providing immediate and consistent cash flow for the next owner. The property is professionally managed by a property management company, and the tenants are well qualified, making this a seamless addition to any rental portfolio. To respect the tenants' privacy, no showings will be permitted until the property is under contract. Updated as of October 15, 2025, this East Lake bungalow offers strong long-term potential. The home features 5 bedrooms and 2 bathrooms, providing ample living space and flexibility for future improvements when the lease term allows. Conveniently located just minutes from downtown Chattanooga, hospitals, shopping, dining, and major amenities, this property sits in a desirable location for tenants and investors alike. A charming covered front porch adds curb appeal, while the spacious layout creates opportunities for continued value and appreciation. Whether you're looking for immediate rental income or a long-term hold in a growing area, this property presents an excellent opportunity. Contact the listing agent for additional information.
| Price History | |
|---|---|
| 3/12/2026 | Listed $200,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air,Electric |
| Utilities | Cable Connected,Electricity Connected,Phone Connected,Sewer Connected,Water Connected |
| Possession | Close Of Escrow,Subject To Tenant Rights |
| Roof | Metal,Shingle |
| Appliances | None |
| Patio/Porch Features | Porch - Covered |
| Construction Materials | Block,Brick,Vinyl Siding |
| Year Built | 1920 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Community Features | None |
| County | Hamilton |
| New Construction | false |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Montagues Addn |
| Garage Y/N | false |
| Total Rooms | 12 |
| Full Baths | 2 |
| Status | Active |
| Directions | From I-75 head west on N Mack Smith Rd toward Spring Creek Rd. In 0.1 mi turn left onto spring creek rd. In 0.3 mi slight right onto San Hsi. Dr. In 0.3 mi turn right onto Ringgold Rd. In 1.9 mi turn |
| High School | Howard School of Academics & Tech |
| City | Chattanooga |
| Senior Community Y/N | false |
| MLS Area | Chattanooga |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6969.6 |
| Carport Y/N | false |
| Listing Terms | Cash,Conventional |
| Elementary School | East Lake Elementary |
| Land Lease Y/N | No |
| Tax Annual Amount | 1273.27 |
| Home Warranty Y/N | false |
| Middle/Junior High School | East Lake Academy of Fine Arts |
| Lease Renewal Y/N | No |
| MLS Area Minor | Chattanooga |
| Additional Parcels Y/N | false |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| MobileHomeRemainsYN | No |
| Legal Description | Lt 9 Blk 3 T G Montagues Addn No 1 Pb6 Pg12 |
| Sewer_co_Public_sp_Sewer | true |
| Heating_co_Central | true |
| Utilities_co_Cable_sp_Connected | true |
Interior Features
| Interior Amenities | High Ceilings,Separate Dining Room |
|---|---|
| Flooring | Vinyl |
| Basement (Y/N) | false |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Vinyl Frames |
| Fireplace Y/N | false |
| Above Grade Finished Area | 2170 |
| Laundry Features | Electric Dryer Hookup,Laundry Room,Washer Hookup |
| Total Bedrooms | 5 |
| LivingAreaSource | Owner |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | None |
|---|---|
| Fencing | Fenced |
| Parking Features | Driveway,Gravel,Off Street |
| Lot Features | Level |
| Water Source | Public |
| Lot Size Area | 0.16 |
| Foundation Details | Block,Brick/Mortar,Combination |
| Spa | false |
| Building Area Total | 2170 |
| Lot Dimensions | 50X140 |
| Lot Size Acres | 0.16 |
| Waterfront Y/N | false |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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