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
© 2026 Chattanooga Association of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from the Chattanooga Association of Realtors and the Broker Reciprocity Program.sm. Real estate listings held by brokerage firms other than REMAX Renaissance Realtors are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate
