$3,266

closing credit¹

842 S Germantown Rd Chattanooga, TN 37412

$275,000
4 beds
1 full, 2 partial
3,641 sqft
0.5 acres
$76 / sqft
House

Property details

About 842 S Germantown Rd

Even though the property has been utilized as an office for many years, it presents a unique opportunity to convert it back to residential, continue to use it as an office, or customize it for both, as a work/life property. This property combines the best of both worlds - offering the tranquility of residential living with the convenient proximity of retail and services. This property was recently purchased by a non-profit organization to be renovated and used as a school but they found another building that is larger and currently used as a pre-school, so they are able to occupy it immediately. This creates a fantastic opportunity for an investor or business owner to purchase a property at a great price with significant upside potential. Most of the interior has been stripped down to the wall studs and some walls have been completely removed. This provides a blank canvas for customization, allowing the new owner to tailor the space according to their needs or preferences, whether it will be for their own use, for a new tenant, or to divide it for multiple tenants or sharing space with others. The property's suitability for traditional offices or open concept layouts widens its appeal to a diverse range of uses and tenants. Survey and Architectural Drawings Available: Having these documents readily available may streamline the renovation process, provide clarity for potential buyers and tenants, and significantly reduce the renovation cost. Income Generation Potential: The ability to divide the building into multiple units offers the flexibility to generate rental income while still having space for the owner's use or until owner's business grows to utilize the entire building. Large Parking Lot and Land to Expand: Approximately half an acre.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size3,641 sqft
BasementYes
Lot size0.47 Acres
Year built1900
ParkingOff Street
MLS #1391640

Summary

  • MLS Number: 1391640
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900
  • Office Email: matthew.gann@kw.com

IDX 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: 2/2/2025, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$275,000

842 S Germantown Rd

$3,266

closing credit¹

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Price information

Property sales

DateEventPrice
Jul 24, 2023
Home Sold
$240,000

Tax history

YearAssessmentProperty Tax
2023$83,240$2,926
2022$83,240$2,930
2021$83,240$3,170
2020$73,440$3,170

History based on county public records data.

Nearby schools

3

East Ridge Elementary School

Public District PK-5

0.8 mi

1014 John Ross Rd

2

East Lake Elementary School

Public District KG-5

1.2 mi

3600 13th Ave

4

Chattanooga Charter School of Excellence

Public Charter KG-5

1.7 mi

2029 E 23rd St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,318. The majority of Chattanooga, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

42%
<35k
54%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

44%
Single, No Kids
9%
Single, with Kids
33%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
40%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Horse RacesHorse Races
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Sam's ClubSam's Club
  • Stein MartStein Mart
  • DillardsDillards

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • LongHorn SteakhouseLongHorn Steakhouse
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • HyundaiHyundai

What do the neighbors listen to?

  • RockRock
  • Contemporary InspirationalContemporary Inspirational
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Chattanooga, TN

About 842 S Germantown Rd

This home is located at 842 S Germantown Rd in Chattanooga, TN and zip code 37412. This 3,641 square foot home, which was built in 1900, sits on a 0.47 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 9, 2024 and is currently priced at $275,000.

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. The inventory of homes for sale in Chattanooga, TN between December and January 2025 decreased by 0.8%. The median list price of listings available in January 2025 was $330,891, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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