721 Ladd Avenue, Chattanooga, TN 37405 (MLS # 1537284)

Price $649,000
Status Active
Beds 6
Baths 6 Baths
Home size 2,824 sqft
Lot Size 6,970 sqft
Days on Market 1

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.**

Property Type(s):
Multi Family
Last Updated 6/22/2026 Tract Valhambrosia
Year Built 2016 Community Chattanooga
Garage Spaces 2.0 County Hamilton

SCHOOLS

Elementary School Red Bank Elementary
Jr. High School Red Bank Middle
High School Red Bank High School

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer
AREA Chattanooga
BASEMENT Crawl Space
CONSTRUCTION Fiber Cement
GARAGE Attached Garage, Yes
HEAT Central, Electric
INTERIOR Open Floorplan
LOT 6970 sq ft
LOT DESCRIPTION Gentle Sloping
LOT DIMENSIONS 50 X 140
PARKING Garage, Kitchen Level, Off Street, Attached
SEWER Public Sewer
STORIES 2
STYLE Duplex
SUBDIVISION Valhambrosia
TAXES 6615.74
UTILITIES Sewer Connected
WATER Public

Location

 

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This site was last updated on 6/23/26 8:57 AM PDT

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