721 & 715 Ladd Avenue, Chattanooga, TN 37405

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
721 & 715 Ladd Avenue,Chattanooga, TN 37405
$1,250,000
  • 12 Beds
  • 12 Baths
  • 5,648 sq. ft.
  • Multi-family
  • Active
Listed by: bri goodrich
Office: keller williams realty
MLS#:1538949
Source:TN_CAR

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$221.32

About this home

Turnkey four-unit investment opportunity in North Chattanooga. Exceptional opportunity to own four fully leased townhome-style units in one of North Chattanooga's most desirable rental markets. Built in 2016, this well-maintained investment includes 715, 717, 721, and 723 Ladd Ave, offering modern construction, low-maintenance ownership, and immediate rental income. Each of the four units features 3 bedrooms, 2.5 bathrooms, a one-car garage, and a private deck, providing spacious, contemporary living that continues to attract quality tenants. All four units are currently leased, creating stable rental income: • 715 Ladd Ave: $1,950/month through 1/31/2027 • 717 Ladd Ave: $2,195/month through 3/18/2027 • 721 Ladd Ave: $1,995/month through 5/3/2027 • 723 Ladd Ave: $2,024/month through 6/18/2027 The property is currently generating $8,164 in monthly rental income, with a compelling value-add opportunity for the next owner. As existing leases expire, comparable market...

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Home facts

  • Year built:2016
  • Listing ID #:1538949
  • Added:10 day(s) ago
  • Updated:July 28, 2026 at 02:38 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Full bathrooms:12
  • Flooring:Hardwood, Tile
  • Basement:Yes
  • Living area:5,648 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2016
  • Building area:5,648 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Fiber Cement
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$221.32
  • Tax amount:$13,231

Features and amenities

  • Amenities:Open Floorplan

Parking

  • Parking description:Attached Garage, Garage, Kitchen Level, Off Street
  • Garage:Yes

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