3118 Easton Avenue, Chattanooga, TN 37415
Local realty services provided by:CENTURY 21 BELLORA
3118 Easton Avenue,Chattanooga, TN 37415
$385,000
- 4 Beds
- 4 Baths
- 4,135 sq. ft.
- Single family
- Pending
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 04, 2026 at 03:02 AM
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
New listings near 3118 Easton Avenue
- New
$415,000Active2 beds 2 baths1,199 sq. ft.108 Everette Street, Chattanooga, TN 37409
MLS# 1531839Listed by: ZACH TAYLOR - CHATTANOOGA - New
$305,000Active4 beds 2 baths1,350 sq. ft.918 Shallowford Road, Chattanooga, TN 37411
MLS# 1531841Listed by: ZACH TAYLOR - CHATTANOOGA - New
$625,000Active4 beds 3 baths2,662 sq. ft.8109 Paces Ferry Crossing, Chattanooga, TN 37421
MLS# 1531843Listed by: SABRENA REALTY ASSOCIATES LLC - New
$279,900Active2 beds 1 baths850 sq. ft.3931 Birmingham Drive, Chattanooga, TN 37415
MLS# 1531847Listed by: BLUE KEY PROPERTIES - New
$279,000Active2 beds 1 baths850 sq. ft.3931 Birmingham Drive, Chattanooga, TN 37415
MLS# 1335384Listed by: BLUE KEY PROPERTIES - New
$399,900Active3 beds 3 baths2,296 sq. ft.949 Brynwood Drive, Chattanooga, TN 37415
MLS# 20261738Listed by: LPT REALTY - New
$547,200Active4 beds 3 baths2,542 sq. ft.5920 Hightower Drive #05, Hixson, TN 37343
MLS# 1531837Listed by: TRUST REAL ESTATE GROUP, LLC - New
$329,400Active2 beds 2 baths918 sq. ft.419 W Bell Avenue, Chattanooga, TN 37405
MLS# 1531816Listed by: LIVE IT! REALTY - New
$624,900Active4 beds 4 baths2,350 sq. ft.106 N Moss Avenue, Chattanooga, TN 37419
MLS# 1531817Listed by: BRIDGE CITY REALTY, LLC - New
$495,000Active4 beds 4 baths2,700 sq. ft.8614 Ooltewah Harrison Road, Ooltewah, TN 37363
MLS# 1531825Listed by: KELLER WILLIAMS REALTY