Estimated payment $1,290/month
Turnkey investment opportunity in East Lake! This income-producing property is tenant-occupied on a 12-month lease at $1,695 per month from November 2025 through November 2026, providing immediate and consistent cash flow for the next owner. The property is professionally managed by a property management company, and the tenants are well qualified, making this a seamless addition to any rental portfolio. To respect the tenants' privacy, no showings will be permitted until the property is under contract. Updated as of October 15, 2025, this East Lake bungalow offers strong long-term potential. The home features 5 bedrooms and 2 bathrooms, providing ample living space and flexibility for future improvements when the lease term allows.
Conveniently located just minutes from downtown Chattanooga, hospitals, shopping, dining, and major amenities, this property sits in a desirable location for tenants and investors alike.
A charming covered front porch adds curb appeal, while the spacious layout creates opportunities for continued value and appreciation. Whether you're looking for immediate rental income or a long-term hold in a growing area, this property presents an excellent opportunity.
Contact the listing agent for additional information.
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $789 | $52,050 | $0 | $0 |
| 2024 | $635 | $28,375 | $0 | $0 |
| 2023 | $635 | $28,375 | $0 | $0 |
| 2022 | $458 | $20,450 | $0 | $0 |
| 2021 | $170 | $7,600 | $0 | $0 |
| 2020 | $137 | $4,960 | $0 | $0 |
| 2019 | $137 | $4,960 | $0 | $0 |
| 2018 | $239 | $4,960 | $0 | $0 |
| 2017 | $137 | $4,960 | $0 | $0 |
| 2016 | $651 | $0 | $0 | $0 |
| 2015 | $1,311 | $23,560 | $0 | $0 |
| 2014 | $1,311 | $0 | $0 | $0 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $200,000 | +138.1% | $92 / Sq Ft | |
| 07/29/2021 07/29/21 | Sold | $84,000 | 0.0% | $39 / Sq Ft | View Prior Sale |
| 07/29/2021 07/29/21 | Sold | $84,000 | -1.1% | $39 / Sq Ft | View Prior Sale |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- | |
| 07/08/2021 07/08/21 | Pending | -- | -- | -- | |
| 07/06/2021 07/06/21 | For Sale | $84,900 | 0.0% | $39 / Sq Ft | |
| 06/21/2021 06/21/21 | For Sale | $84,900 | +749.0% | $39 / Sq Ft | |
| 04/11/2016 04/11/16 | Sold | $10,000 | -28.6% | $5 / Sq Ft | View Prior Sale |
| 04/07/2016 04/07/16 | Pending | -- | -- | -- | |
| 03/24/2016 03/24/16 | For Sale | $14,000 | -- | $7 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $84,000 | Rudy Title & Escrow | |
| Warranty Deed | $15,000 | Ensign Title & Escorw Inc |
David Hanson is a full-time affiliate broker with eXp Realty who has built a long and trusted history of helping buyers and sellers turn their home dreams into reality. Known for his exceptional negotiation skills, clear and consistent communication, and unwavering honesty, David approaches every transaction with the same goal: to make the process smooth, rewarding, and memorable.
With years of experience leading his team and guiding clients through every step of the buying and selling
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David Hanson EXP Realty, LLC
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David Hanson EXP Realty, LLC
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Rare find in a sought-after area! This partially cleared, level lot offers incredible convenience near downtown, healthcare, dining, and retail. Utilities at the street make development simple, whether you're planning a dream home or an investment build. Prime location with strong growth potential. Buyer or buyer's representative to verify all information deemed important. Don't miss this
David Hanson EXP Realty, LLC
Source: Greater Chattanooga REALTORS®
MLS Number: 1530255
APN: 168O-E-016
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