715 Ladd Avenue, Chattanooga, TN 37405

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

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List Price
$649,000
MLS#
1536405
Bedrooms
6
Sq. Ft
2,824
Acres
0.16
Year Built
2016
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

Exterior
Fiber Cement
Interior
Open Floorplan, Recessed Lighting
Roof
Shingle
Floors
Hardwood, Tile
Foundation
Block
Appliances
Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer
Exterior Features
Private Entrance, Private Yard, Rain Gutters
Community Features
None
Lot Description
Gentle Sloping
Cooling
Central Air, Electric
Heating
Central, Electric
Elementary School
Red Bank Elementary
Middle School
Red Bank Middle
High School
Red Bank High School
Financing Available
Cash, Conventional, FHA, Owner May Carry, VA Loan

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty.