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721 Ladd Avenue , Chattanooga, TN 37405

$625,000
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New to the Market Active
BEDS0 BATHS SQUARE FEET2,824 MLS#3512782
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONValhambrosia

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# 3512782

This multi-family property located at 721 Ladd Avenue , Chattanooga, TN 37405 is currently listed for sale with an asking price of $625,000. Search Chattanooga real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 50 X 140
Roof Type: Other
Stories: 2.0
Taxes: $6,616
Year Built: 2016

Feature Descriptions

Days on Site: 2
Exterior: Fiber Cement
Flooring: Wood, Tile
Lot Dimensions: 50 X 140
Parcel#: 126O E 032.02
Parking: Attached
Parking Notes: Attached
Sewer: Public Sewer
Units: 2
Utilities: Electricity Available, Water Available
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Greater Downtown Realty dba Keller Williams Realty
Agency Phone: 4236641900

Shown By

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

IDX logo

Source: Nashville MLS

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Estimated Payment

$ 2,124.60 per month $1,390.98 Principal & Interest $551.33 Property Tax $182.29 Homeowner's Insurance

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