$165,300
$14K PRICE DROP

176 Water Ln NW Charleston, TN 37310

Estimated payment $923/month

Total Views 15,532
4 Beds
2 Baths
1,440 Sq Ft
$115 Price per Sq Ft

Highlights

  • Hot Property
  • Additional Residence on Property
  • No HOA
  • Charleston Elementary School Rated A-
  • Deck
  • Side Porch

About This Home

Here is your opportunity to purchase 2 homes for the price of one. Whether you are an investor looking to add to your rental portfolio, someone looking to fix these up and make a profit, or looking for a new single-family home with potential for additional income this is the one you have been waiting on. These houses are close to Wacker, Olin, Samson Controls, Resolute/Bowater, and Amazon making them ideal rental homes. This property has 2 houses on it and each house has its own address, electric, water, and septic. These houses need some TLC. Each house is a 720sf 2 bedroom and 1 bath house. The bedrooms are upstairs with the bathroom, kitchen, living room, and laundry downstairs. Number 176 is currently tenant occupied, and with a little love will make a great starter home. Number 178 is in a remodel process and is down to the studs. The plumbing has been updated and new water heater installed. The house includes all the new windows, exterior doors, insulation, vanity, and toilet. All you have to do is finish the installation of these items and decide how to finish out the rest of the house. The lot is a large 0.65-acre lot with room for each house to have a yard to enjoy. This property and these houses are full of potential. These houses are being sold ''AS-IS''.

Listing Agent

Benjamin Helton

RE/MAX Properties License #376378 Listed on: 08/28/2025

RE/MAX Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $550

Year Built

  • Built in 1991

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 124' x 210' x 145' x 209'
  • Property fronts a county road
  • Irregular Lot
  • Gentle Sloping Lot
  • Cleared Lot

Parking

  • Off-Street Parking

Home Design

  • Cabin
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Aluminum Roof
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Attic or Crawl Hatchway Insulated
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Side Porch

Additional Homes

  • Additional Residence on Property

Schools

  • Charleston Elementary School
  • Ocoee Middle School
  • Walker Valley High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Sewer Holding Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011p B 007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$550

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.65
  • Lot Size: 124' x 210' x 145' x 209'
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: None
  • Directions: Interstate 75 North to exit 33. Turn right off the exit ramp onto Lauderdale Memorial Hwy. Turn left onto North Lee Hwy then turn left onto Water Lane. Houses are on the right just before the sharp left curve.
  • Above Grade Finished Sq Ft: 1440.0
  • Architectural Style: Cabin
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Living Area: 1440.0
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Cabin
  • Year Built: 1991
  • Location Tax and Legal Parcel Number2: 011p B 007.00
  • Location Tax and Legal Elementary School: Charleston Elementary
  • Location Tax and Legal Middle Or Junior School2: Ocoee Middle
  • Location Tax and Legal High School: Walker Valley High
  • Location Tax and Legal:Tax Annual Amount: 550.43
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 1440.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.6494
  • General Property Information Lot Size Square Feet2: 28287.0
  • General Property Information Lot Size Dimensions: 124' x 210' x 145' x 209'
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Spa YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Water Source:Public: Yes
  • Flooring:Carpet: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Phone Available: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Security Features:Smoke Detector(s): Yes
  • General Property Information Stories2: 2
  • Cooling:Window Unit(s): Yes
  • Flooring:Linoleum: Yes
  • Levels:One and One Half: Yes
  • Property Condition:Fixer: Yes
  • Road Frontage Type County Road: Yes
  • Foundation Details PillarPostPier: Yes
  • Architectural Style Cabin: Yes
  • Sewer:Holding Tank: Yes
  • Laundry Features:Lower Level: Yes
  • Attic Features Sealed Attic: Yes
  • Structure Type Cabin2: Yes
  • Other Structures Second Residence: Yes
  • Roof Aluminum3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Free-Standing Refrigerator, Free-Standing Electric Range, Free-Standing Electric Oven, Electric Water Heater, Dishwasher
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Linoleum
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Free-Standing Electric Oven: Yes

Exterior Features

  • Lot Features: Cleared, Gentle Sloping, Irregular Lot
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Stucco
  • Exterior Features: None
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Second Residence
  • Patio And Porch Features: Deck, Side Porch
  • Property Condition: Fixer
  • Roof: Aluminum
  • Exterior Features:None8: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Irregular Lot: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Side Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Lower Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Holding Tank, Septic Tank
  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Charleston Elementary
  • High School: Walker Valley High
  • Middle Or Junior School: Ocoee Middle

Lot Info

  • Lot Size Sq Ft: 28287.0
  • Additional Parcels: No
  • Parcel #: 011p B 007.00

Tax Info

  • Tax Annual Amount: 550.43

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $551 $30,075 $2,675 $27,400
2023 $551 $30,075 $2,675 $27,400
2022 $551 $30,075 $2,675 $27,400
2021 $551 $30,075 $0 $0
2020 $510 $30,075 $0 $0
2019 $510 $22,425 $0 $0
2018 $383 $0 $0 $0
2017 $404 $0 $0 $0
2016 $632 $0 $0 $0
2015 $404 $0 $0 $0
2014 $403 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $165,300 0.0% $115 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $165,300 -7.7% $115 / Sq Ft
04/16/2025 04/16/25 For Sale $179,000 -- $124 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed -- --
Warranty Deed $49,500 --
Deed $50,000 --
Deed $50,000 --
Source: Public Records

About the Listing Agent

Benjamin Helton

RE/MAX Properties

(423) 456-9189

Section Image

My driving force is helping people accomplish their dreams while fulfilling their needs. As a real estate professional, I am able to accomplish this on a level I have never before dreamed. I find it exhilarating to work hard at finding exactly what my client needs, whether it is selling their home in the time frame and at the price desired or finding them a home to purchase that fits each requirement of the purchase. I have experience working with sellers, buyers, and investors. Each client I

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Source: Greater Chattanooga REALTORS®

MLS Number: 1511111

Greater Chattanooga REALTORS®

APN: 011P-B-007.00