721715 Ladd Avenue, Chattanooga, TN 37405

Chattanooga
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
721715 Ladd Avenue,Chattanooga, TN 37405
$1,250,000
  • - Beds
  • - Baths
  • 5,648 sq. ft.
  • Multi-family
  • Active
Listed by: bri goodrich
Office: greater downtown realty dba keller williams realty
MLS#:3512784
Source:NASHVILLE

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
  • Subdivision & Development:Valhambrosia
  • Listing ID #:3512784
  • Added:4 day(s) ago
  • Updated:August 23, 2026 at 02:52 PM

Rooms and interior

  • Flooring:Tile
  • Living area:5,648 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:2016
  • Building area:5,648 sq. ft.
  • Construction Materials:Fiber Cement
  • Levels:2 Story

Schools

  • High school:Red Bank High School
  • Middle school:Red Bank Middle School
  • Elementary school:Red Bank Elementary School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

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

Parking

  • Total parking spaces:2
  • Parking description:Attached
  • Garage:Yes
  • Garage spaces:2
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