721 Ladd Avenue, Chattanooga, TN 37405
- $615,000
- 2,824
- SqFt
- List Price
- $615,000
- Price Change
- ▼ $10,000 1787788267
- MLS#
- 3512782
- Days on Market
- 31
- Property Type
- Multifamily
- Sqft. of Residence
- 2,824
- County
- Hamilton County
- Status
- ACTIVE
Property Description
Turnkey Duplex Investment in North Chattanooga with Strong Income & Upside Potential Exceptional opportunity to own a well-maintained duplex in the highly sought-after North Chattanooga area. Built in 2016, 721 & 723 Ladd Ave feature two spacious townhome-style units, each offering 3 bedrooms, 2.5 bathrooms, a one-car garage, and a private deck--designed for modern living and strong tenant appeal. Both units are currently leased, providing immediate and stable income: 721 Ladd Ave: $1,995/month through 5/3/2027 723 Ladd Ave: $2,024/month through 6/18/2027 With rental rates already performing well and continued growth throughout the Chattanooga market, this property offers excellent potential for future rent increases and long-term appreciation. Located just minutes from downtown Chattanooga, the property benefits from strong rental demand driven by convenient access to dining, shopping, entertainment, and outdoor recreation. Built in 2016, this low-maintenance investment provides modern construction and attractive amenities that appeal to today's tenants. Additional Opportunity: The seller is also offering the neighboring duplex at 715 & 717 Ladd Ave as a separate listing. Investors seeking to expand their portfolio may consider acquiring both properties for increased scale and long-term investment potential. Ideal for investors seeking a turnkey, income-producing asset in one of Chattanooga's most desirable rental markets. **Please do not disturb tenants. Contact the Listing Agent to schedule a showing.**
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Additional Information
- Construction Type
- Fiber Cement
- Cooling System
- Central Air, Electric
- Elementary School
- Red Bank Elementary School
- Floor Types
- Wood, Tile
- Garage Capacity
- 2
- Garage Description
- Attached
- Heating System
- Central, Electric
- High School
- Red Bank High School
- Junior High School
- Red Bank Middle School
- Living Area
- 2,824
- Lot Dimensions
- 50 X 140
- Number Of Stories
- 2
- Roofing Material
- Other
- Sewer System
- Public Sewer
- Subdivision
- Valhambrosia
- Tax Amount
- $6,616
- Water Source
- Public
- Year Built
- 2016
- Type
- Multifamily
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Listing courtesy of Greater Downtown Realty dba Keller Williams Realty.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.