Company Logo

721 Ladd Avenue, Chattanooga, TN 37405

$649,000
  • 721 Ladd Avenue, Chattanooga, TN 37405 Main Photo

27 Total Photos [Click to View All]

New to the Market Active
BEDS6 BATHS SQUARE FEET2,824 MLS#1537284
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONValhambrosia NEIGHBORHOODChattanooga

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 5/3/2027723 Ladd Ave: $2,024/month through 6/18/2027With 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.**

721 Ladd Avenue | MLS# 1537284

This multi-family property located at 721 Ladd Avenue, Chattanooga, TN 37405 is currently listed for sale with an asking price of $649,000. Search Chattanooga real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air, Electric
Fuel Type: Electric
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 0.16 Acres
Taxes: $6,615

Units

Unit Type 1:
Bedrooms: 3
Bathroom(s): 2.1
Rent: $1995.00
Square Footage: 1412
Unit Type 2:
Bedrooms: 3
Bathroom(s): 2.1
Rent: $2024.00
Square Footage: 1412

Feature Descriptions

Appliances: Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer
Exterior: Fiber Cement
Flooring: Hardwood, Tile
Interior Amenities: Open Floorplan
Lot: Gentle Sloping
Lot Dimensions: 50 X 140
Parcel #: 126o E 032.02
Parking: Garage, Off Street, Kitchen Level
Patio/Porch: Deck, Patio
Utilities: Sewer Connected

Local Schools

High School: Red Bank High School
Middle School: Red Bank Middle
Elementary School: Red Bank Elementary

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Phone: 423-664-1900

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 2,184.93 per month $1,444.39 Principal & Interest $551.25 Property Tax $189.29 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel