721 Ladd AVE Chattanooga, TN 37405
6 Beds
6 Baths
2,824 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $229
Subdivision Valhambrosia
MLS Listing ID 1537284
Bedrooms 6
Year Built 2016
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50 X 140
Property Sub-Type Duplex
Source Greater Chattanooga REALTORS®
Property Description
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.**
Location
State TN
County Hamilton
Area 0.16
Rooms
Basement Crawl Space
Interior
Interior Features Open Floorplan
Heating Central, Electric
Cooling Central Air, Electric
Flooring Hardwood, Tile
Fireplace No
Appliance Washer/Dryer, Microwave, Free-Standing Refrigerator, Free-Standing Electric Range, Free-Standing Electric Oven, Dishwasher
Heat Source Central, Electric
Exterior
Parking Features Garage, Kitchen Level, Off Street
Garage Spaces 2.0
Garage Description Attached, Garage, Kitchen Level, Off Street
Utilities Available Sewer Connected
Roof Type Shingle
Porch Deck, Patio
Total Parking Spaces 2
Garage Yes
Building
Lot Description Gentle Sloping
Faces Take I-75 S, continue onto I - 24 W, Take exit 178 for Market St toward Lookout Mt, Continue onto US-27 N, Take the exit toward US-127 N/Signal Mtn., Keep left at the fork, follow signs for Red Bank, Turn left onto Signal Mountain Blvd., Turn right onto Dayton Blvd., Turn right onto E Frontage Rd., Turn right onto E Elmwood Dr., Slight left onto Whitehall Rd., Turn right onto Ladd Ave Destination will be on the right.
Story Two
Sewer Public Sewer
Water Public
Structure Type Fiber Cement
Schools
Elementary Schools Red Bank Elementary
Middle Schools Red Bank Middle
High Schools Red Bank High School
Others
Senior Community No
Tax ID 126o E 032.02
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Nearby Locations