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715 Ladd Avenue, Chattanooga, TN 37405

$649,000
  • 715 Ladd Avenue, Chattanooga, TN 37405 Main Photo

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New to the Market Active
BEDS6 BATHS SQUARE FEET2,824 MLS#1536405
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONValhambrosia NEIGHBORHOODChattanooga

Property Description

Turnkey Duplex Investment in North Chattanooga with Strong Income & Upside PotentialExceptional 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 3/18/2027715 Ladd Ave: $1,950/month through 1/31/2027With 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!

715 Ladd Avenue | MLS# 1536405

This multi-family property located at 715 Ladd Avenue, Chattanooga, TN 37405 is currently listed for sale with an asking price of $649,000. Search Chattanooga real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric
Fuel Type: Electric
Garage: 2 car attached
Heating: Central, Electric
Lot Size: 0.16 Acres
Taxes: $6,615

Units

Unit Type 1:
Bedrooms: 3
Bathroom(s): 2.1
Rent: $1950.00
Square Footage: 1412
Unit Type 2:
Bedrooms: 3
Bathroom(s): 2.1
Rent: $2195.00
Square Footage: 1412

Feature Descriptions

Appliances: Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer
Common Amenities: None
Exterior: Fiber Cement
Exterior Amenities: Private Entrance, Private Yard, Rain Gutters
Flooring: Hardwood, Tile
Interior Amenities: Open Floorplan, Recessed Lighting
Laundry: Laundry Closet, Upper Level
Lot: Gentle Sloping
Lot Dimensions: 50X140
Parcel #: 126o E 032.01
Parking: Off Street, Garage Faces Front, Kitchen Level
Patio/Porch: Deck, Patio, Porch - Covered
Tenant Pays: All Utilities
Utilities: Sewer Connected

Local Schools

High School: Red Bank High School
Middle School: Red Bank Middle
Elementary School: Red Bank Elementary

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty
Agency Phone: 423-664-1900

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

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Estimated Payment

$ 2,184.93 per month $1,444.39 Principal & Interest $551.25 Property Tax $189.29 Homeowner's Insurance

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