715 Ladd Avenue, Chattanooga, TN 37405

$600,000
: 6
BD
: 6
BA
: 2,824
SqFt

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List Price: $600,000
Price Change: ▼ $15,000 1789614030
MLS#: 1536405
Status: ACTIVE
Type: Multifamily
City: Chattanooga
County: Hamilton
Bedrooms: 6
Bathrooms: 6
Living Area: 2,824
Lot Size: 6,969
Year Built: 2016

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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, 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!

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Additional Information

Acres: 0.16
Appliances: Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer
Cooling: Central Air, Electric
Exterior Features: Private Entrance, Private Yard, Rain Gutters
Floors: Hardwood, Tile
Living Area: 2,824
Lot Description: Gentle Sloping
Subdivision: Valhambrosia
Year Built: 2016