$1,828 Closing Credit¹
#1501787, Listing Office: Berkshire Hathaway HomeServices Realty Center
$1,366
closing credit¹
1603 E 47th St Chattanooga, TN 37407
$115,000 List price
$1,366
Closing credit¹
2 beds
1 full
1,042 sqft
0.2 acres
$110 / sqft
House
Property details
About 1603 E 47th St
Outstanding Investment Opportunity and Charming Home Awaits You! Are you seeking an exceptional property that can offer both a lucrative investment and a comfortable place to call home? Look no further. This strategically positioned property is situated in a highly desirable area, where convenience to all the essentials is key. Located just minutes away from the bustling downtown area, hospitals, shopping centers, and a variety of dining options, its central location serves as a valuable asset. At present, this property is a reliable source of rental income, yielding $1,112 per month. This establishes it as a solid, income-generating investment right from day one. It's important to note that the property has recently undergone a minor renovation, ensuring it's in top shape for either a new tenant or a new owner. In consideration of the privacy and comfort of our valued tenants, we kindly request that property viewings be scheduled following an accepted contract. This approach is designed to facilitate a seamless process for all parties involved. Whether you're an astute investor searching for a promising addition to your portfolio or someone looking for an affordable and welcoming place to live, this property offers a multitude of possibilities. Don't miss the chance to explore this remarkable investment opportunity or to discover the benefits of making it your own home. Act now and seize this opportunity while it's still available!
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,042 sqft
BasementYes
Lot size0.2 Acres
Year built1930
ParkingKitchen Level, Off Street
MLS #1381547
Summary
- MLS Number: 1381547
- MLS Name: Greater Chattanooga REALTORS®
- Office Name: EXP Realty, LLC
- Office Phone: (888) 519-5113
- Office Email: drew@choicehomes.co
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 11:50:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$115,000
1603 E 47th St
$1,366
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 14, 2019 | Home Sold | $50,000 |
| Apr 11, 2017 | Home Sold | $30,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $6,675 | $149 |
| 2022 | $6,675 | $149 |
| 2021 | $6,675 | $483 |
| 2020 | $4,825 | $466 |
| 2019 | $4,825 | $133 |
| 2017 | $4,825 | $133 |
History based on county public records data.
Nearby schools
2
East Lake Elementary School
Public District KG-5
1.0 mi
•3600 13th Ave
5
Rossville Elementary School
Public District PK-5
1.3 mi
•1250 Wilson Rd
3
Clifton Hills Elementary School
Public District KG-5
1.4 mi
•1815 E 32nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,684. The majority of Chattanooga, TN residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
59%
<35k
39%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
54%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
UFC- Pro Boxing
Where do the neighbors shop?
Big Lots
Family Dollar
Burlington
Where do the neighbors go to eat?
Golden Corral
Burger King
Popeyes
What do the neighbors drive?
Kia
Buick
Dodge
What do the neighbors listen to?
Adult Standards
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1603 E 47th St
This home is located at 1603 E 47th St in Chattanooga, TN and zip code 37407 in the South Chattanooga neighborhood. This 1,042 square foot home, which was built in 1930, sits on a 0.20 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 19, 2023 and is currently priced at $115,000.
While more than 31 listings in Chattanooga, TN in January 2025 were sold above asking price, there were more than 66 listings sold at asking price, and more than 163 were sold below. Between December and January 2025, Chattanooga, TN real estate market has seen decrease in the number of listings by 0.8%. In January 2025 median list price was $330,891 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.