Address
3727 Anderson Avenue, Chattanooga, TN
Price
$ 219,900
Property Attributes
- MLS#1534464
- TypeSingle Family
- Listing Status Active
- CountyHAMILTON
- CityChattanooga
- AreaEast Ridge
- NeighborhoodLerch Place
- Zip37412
- Style
- Taxes$ 2443
- Price$ 219,900
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2400
- Lot Size0.18 Acres
Data Source:
Greater Chattanooga MLS (GCAR)
Property Description
Do Not Disturb Tenants!!!!! Exclusive Value-Add Opportunity - 2,400 SQFT Income-Producing Asset in Prime Location An Investor's Dream! This expansive 2,400 sqft property presents a premier value-add and flip opportunity, offering immediate rental income with strong upside potential. Whether you're looking to hold for cash flow or renovate and resell for a profit, this asset is a standout in today's market. Located in a high-demand, centrally positioned area of East Ridge , it provides effortless access to major highways, shopping, dining, and public transit--ensuring sustained tenant demand and long-term appreciation. Investment Highlights: 2,400 SQFT of Opportunity - Generous space primed for enhancements and equity growth Turnkey Income - Tenants in place, delivering instant cash flow Premier Location - Strategically positioned for optimal rental desirability and appreciation Strong Value-Add Potential - Opportunity to reposition, renovate, and maximize returns Strictly No Showings Without a Binded Offer. Do Not Disturb Tenants. Serious Inquiries Only. A rare chance to secure a high-potential asset--act now!
| Elementary School | Middle School | High School |
|---|---|---|
| East Ridge Elementary | East Ridge Middle | East Ridge High |
| Price History | |
|---|---|
| 5/11/2026 | Listed $219,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | Window Unit(s) |
| Utilities | Electricity Connected |
| Construction Materials | Wood Siding |
| Year Built | 1947 |
| Property Subtype | Single Family Residence |
| County | Hamilton |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Lerch Place |
| Garage Y/N | No |
| Full Baths | 2 |
| Status | Active |
| Directions | from 75 . take exit 184 toward Moore rd. go N terrace left on German town. Left onto south terrace . sharp right on Anderson. home on the right |
| High School | East Ridge High |
| City | Chattanooga |
| Senior Community Y/N | No |
| MLS Area | East Ridge |
| Lot Size Units | Acres |
| Lot Size Square Feet | 7696.0 |
| Carport Y/N | No |
| Listing Terms | Cash |
| Elementary School | East Ridge Elementary |
| Land Lease Y/N | No |
| Tax Annual Amount | 2443.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | East Ridge Middle |
| Lease Renewal Y/N | No |
| MLS Area Minor | East Ridge |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| MobileHomeRemainsYN | No |
| Legal Description | Pt Lt 17 Lerch Place Pb 2 Pg 15 010 9 09 16 |
| Sewer_co_Public_sp_Sewer | True |
| HeatingYN@Core.Permissions | None |
Interior Features
| Basement (Y/N) | Yes |
|---|---|
| Air Conditioning Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 2400.0 |
| Total Bedrooms | 3 |
| LivingAreaSource | Tax Records |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | None |
|---|---|
| Parking Features | Driveway |
| Water Source | Public |
| Inclusions | any landlord owned appliances |
| Lot Size Area | 0.18 |
| Foundation Details | Block |
| Spa | No |
| Building Area Total | 2400.0 |
| Lot Dimensions | 59.2X130 |
| Lot Size Acres | 0.18 |
| Waterfront Y/N | No |
| 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
Property vs Single Family Average in 37412
Price
Taxes
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