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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6BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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2,824SQFT
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$230$/SQFT
School Information
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.**
721 Ladd Avenue Chattanooga, TN 37405
Property Description
Architectural Style [] Attached Garage YN Yes Carport YN No Construction Materials Fiber Cement Exterior Features [] Fencing [] Foundation Details [] Garage YN Yes Lot Features Gentle Sloping Other Structures [] Parking Features GarageKitchen LevelOff Street Patio And Porch Features DeckPatio Pool Features [] Roof Shingle Roof Shingle Yes Structure Type Duplex View [] View YN No Waterfront Features [] Waterfront YN No
Accessibility Features [] Appliances Washer/DryerMicrowaveFree-Standing RefrigeratorFree-Standing Electric RangeFree-Standing Electric OvenDishwasher Basement Crawl Space Basement YN No Building Area Total 2824 Cooling Central AirElectric Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring HardwoodTile Heating CentralElectric Heating YN Yes Interior Features Open Floorplan Laundry Features [] Levels Two Window Features []
Association Amenities [] Association YN2 No Auction YN2 No Community Features [] Green Energy Efficient [] Green Sustainability [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment [] Property Sub Type Duplex Security Features [] Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 6615.74 Utilities Sewer Connected Utilities Sewer Connected Yes Water Source Public

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Listing courtesy of Keller Williams Realty: 423-664-1900.