715 Ladd Avenue, Chattanooga, TN 37405

$649,000
6
BD
6
BA
2,824
SqFt

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List Price
$649,000
Status
ACTIVE
MLS#
1536405
Subtype
Residential Income
Year Built
2016
Bedrooms
6
Bathrooms
6
Living Area
2,824
Lot Size
6,969
Acres
0.16
Subdivision
Valhambrosia

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

Interior Features
Open Floorplan, Recessed Lighting
Exterior Features
Private Entrance, Private Yard, Rain Gutters
Taxes
$6,615
Appliances
Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Features
Fiber Cement
Levels
Two
Roof
Shingle
Foundation
Block
Parking Features
Off Street, Garage Faces Front, Kitchen Level
Garage Spaces
2
Elementary School
Red Bank Elementary
Middle School
Red Bank Middle
High School
Red Bank High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.