715 Ladd Avenue, Chattanooga, TN 37405

$615,000
2,824
SqFt

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List Price
$615,000
Price Change
▼ $10,000 1787788267
MLS#
3512787
Days on Market
33
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, 715 & 717 Ladd Ave feature two spacious townhome-style units, each offering 3 bedrooms, 2.5 bathrooms, a one-car garage, and private deck--designed for modern living and strong tenant appeal. Both units are currently leased, providing immediate and stable income: 717 Ladd Ave: $2,195/month through 3/18/2027 715 Ladd Ave: $1,950/month through 1/31/2027 With rental rates already performing well and continued growth in the Chattanooga market, this property offers excellent potential for future rent increases and long-term appreciation. Located just minutes from downtown, this property benefits from high rental demand driven by proximity to dining, shopping, and outdoor amenities. Additional Opportunity: Seller also owns the adjacent duplex (723/721 Ladd Ave) and is open to a package sale. The neighboring property may offer vacancy options, providing flexibility for owner-occupants or value-add strategies. Ideal for investors seeking a low-maintenance, income-producing asset with upside in a prime location. Please do not disturb tenants and contact Listing Agent for a showing!

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
Garage Faces Front
Heating System
Central, Electric
High School
Red Bank High School
Junior High School
Red Bank Middle School
Living Area
2,824
Lot Dimensions
50X140
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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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Greater Downtown Realty dba Keller Williams Realty.

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