3118 Easton Avenue, Chattanooga, TN 37415
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
3118 Easton Avenue,Chattanooga, TN 37415
$385,000
- 4 Beds
- 4 Baths
- 4,135 sq. ft.
- Single family
- Active
Listed by: paige batten
Office: crye-leike, realtors
MLS#:1531764
Source:TN_CAR
Price summary
- Price:$385,000
- Price per sq. ft.:$93.11
About this home
Investor Special | Income-Producing Property on 2 Acres
Opportunity is knocking loud on this one. This 1940s two-story home sits on a spacious 2-acre lot and is ready for a full renovation. With the right vision, this property could be restored to its original charm or reimagined into a high-performing investment.
The main house features original hardwood floors, large bedrooms, a spacious living room, and a formal dining room, along with an enclosed front porch that adds to its vintage appeal. Previously converted into separate living spaces with its own exterior entrance, the layout offers flexibility for multi-unit conversion or multi-generational living.
The real value? Additional income already in place.
The property includes a townhome with 2 units--one currently occupied and generating income, and the other vacant and ready for lease or renovation. The occupied unit was remodeled several years ago, providing a solid starting point for continued cash flow.
With 2 acres of land, multiple structures, and strong upside potential, this is a true value-add opportunity for investors, flippers, or anyone looking to build equity.
Sold AS-IS. Cash or renovation financing recommended.
Bring your contractor, your vision, and a willingness to roll up your sleeves--this one could pay off in a big way.
This house was inherited and the current owners have no knowledge of the home. There is also a townhouse on the property. Be careful as there are unstable floors in the front bedroom in the upper unit. Buyers to do their due diligence....
Contact an agent
Home facts
- Year built:1940
- Listing ID #:1531764
- Added:1 day(s) ago
- Updated:April 03, 2026 at 01:23 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Hardwood, Laminate
- Basement:Yes
- Living area:4,135 sq. ft.
Heating and cooling
- Cooling:Central Air, Multi Units
- Heating:Central, Electric, Heating
- Central air:Yes
Structure and exterior
- Year built:1940
- Building area:4,135 sq. ft.
- Lot area:2 Acres
- Construction Materials:Stucco
- Levels:Two
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$385,000
- Price per sq. ft.:$93.11
- Tax amount:$3,522
Features and amenities
- Amenities:Crown Molding
Parking
- Parking description:Driveway, Kitchen Level, Off Street
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