Homes for sale under $200k in Chattanooga, TN

Homes for sale under $200k in Chattanooga, TN

Investment Opportunity in East Lake! This cash-flowing property is tenant-occupied from November 2025 through November 2026 at $1,695 per month, offering immediate and steady income for the next owner. The home is fully managed by a professional property management company, and the tenants are well qualified, making this a true turnkey investment. No showings until under contract in order to respect the tenants' privacy. Recently updated as of 10/15/25, this East Lake bungalow presents outstanding potential for long-term growth. With 5 bedrooms and 2 bathrooms, the home provides generous space and versatility. Located just minutes from downtown Chattanooga, hospitals, shopping, and dining,

Homes for sale under $200k in Chattanooga, TN

Welcome to 123 Jamestown Rd, a beautifully updated 3-bedroom, 1-bath home set on a quarter-acre lot just minutes from the aquatic activities at Booker T. Washington State Park. Conveniently located close to Hwy 58, this home offers quick and easy access to downtown Chattanooga. Recently renovated, this home features new appliances, new hardwood flooring, updated lighting, modern countertops, and updated plumbing throughout. The HVAC system is less than five years old and was recently serviced, providing peace of mind and year-round comfort. In addition, the metal roof was recently inspected and found to have no damage or leaks, offering long-term durability. With thoughtful upgrades and mod

Homes for sale under $200k in Chattanooga, TN

New stove & refrigerator & paint touched up throughout!!! This move-in ready 3 bedroom, 1 bathroom home in Gaylan Heights is a great opportunity for investors or first-time homebuyers. Featuring one-level living and its own private driveway, this home offers convenience and low-maintenance living in a peaceful setting. Whether you're looking to settle in or add a solid rental to your portfolio, this home is ready for its next owner. Conveniently located near Downtown Chattanooga, Highway 153, and the lake. Home to be sold as-is.

Homes for sale under $200k in Chattanooga, TN

Don't miss this fantastic investment opportunity! This well-maintained 3-bedroom, 1-bath home is perfectly situated on a spacious corner lot, offering both privacy and curb appeal. Located just 8 minutes from the heart of downtown Chattanooga, this property combines convenience with comfort. Upon entering, you'll find beautiful flooring throughout, adding warmth and style to every room. The layout is functional and inviting, with plenty of natural light and space for everyday living. Currently tenant-occupied, this home presents an excellent income-generating opportunity for investors looking to expand their rental portfolio. Whether you're a seasoned investor or a first-time buyer, this pr