721 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#: 1537284
Subtype: Residential Income
Year Built: 2016
Bedrooms: 6
Bathrooms: 6
Living Area: 2,824
Lot Size: 6,969
Acres: 0.16
Subdivision: Valhambrosia

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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 5/3/2027 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.**

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