721 Ladd Avenue Chattanooga, TN 37405
2,824 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,824 sqft
Price per Sqft $221
Subdivision Valhambrosia
MLS Listing ID 3512782
HOA Y/N No
Year Built 2016
Annual Tax Amount $6,616
Lot Dimensions 50 X 140
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 County
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Wood, Tile
Fireplace N
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Water Available
View Y/N false
Roof Type Other
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Fiber Cement
New Construction false
Schools
Elementary Schools Red Bank Elementary School
Middle Schools Red Bank Middle School
High Schools Red Bank High School
Others
Senior Community false
Special Listing Condition Standard
