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176 Water Lane NW

Charleston, TN 37310

4 beds
2 baths
1,440 sqft
$124 per sqft
1991 build
– on site

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 courtesy of REALTRACS / RE/MAX Properties

Last checked: Checking… • Last updated Apr 16, 2025 •

MLS# 2818543 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1991
Year Built Details:

EXIST
New Construction:

false
Construction Materials:

Stucco
Architectural Style:

Other
Roof:

Other
Stories:

2
Levels:

Three Or More
Patio And Porch Features:

Deck
Security Features:

Smoke Detector(s)
Building Area Units:

Square Feet
Building Area Total:

1440
Building Area Source:

Assessor
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Assessor
Below Grade Finished Area Source:

Assessor
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Carpet, Other
Fireplace:

false
Laundry Features:

Electric Dryer Hookup, Washer Hookup

Room Dimensions

Living Area:

1440
Living Area Units:

Square Feet
Living Area Source:

Assessor

Location

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.
Latitude:

35.290866
Longitude:

-84.759863

The Property

Parcel Number:

011P B 00700 000
Property Type:

Residential
Lot Features:

Cleared, Other
Lot Size Acres:

0.65
Lot Size Dimensions:

124' x 210' x 145' x 209'
Lot Size Area:

0.65
Lot Size Units:

Acres
Lot Size Source:

Agent Calculated
View:

false
Property Attached:

false

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

550

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Baseboard, Electric
Heating:

true
Cooling:

Wall/Window Unit(s)
Cooling:

true

Utilities

Utilities:

Electricity Available, Water Available
Sewer:

Septic Tank
Water Source:

Public

Appliances

Appliances:

Refrigerator, Electric Range, Electric Oven, Dishwasher

Schools

Elementary School:

Charleston Elementary School
Middle Or Junior School:

Ocoee Middle School
High School:

Walker Valley High School

The Community

Subdivision Name:

None
Senior Community:

false
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Detached
Garage:

false
Attached Garage:

false
Carport:

false

Monthly cost estimate

Asking price

$179,000

Expense	Monthly cost
Mortgage	$958
Taxes	$45
Insurance	$49
Utilities	$138 See report
Total	$1,190/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
4/15/25 Apr 15, 2025	Listed / Active	REALTRACS	$179,000

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This house located in Charleston, TN 37310 is currently for sale for $179,000. 176 Water Lane NW is a 1,440 square foot house with 4 beds and 2 baths that has been on Estately for 35 days. This house is in the attendance area of Charleston Elementary School.

Listing Courtesy of: REALTRACS and RE/MAX Properties.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.