LKV Realty
Logo
$1,250,000
$6,000Reward *
721715 Ladd Avenue, Chattanooga, TN 37405Listing ID 3512784

721715 Ladd Avenue, Chattanooga, TN 37405

Active
Valhambrosia
Time on site: 32 daysLast updated: 4 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Square Feet
Square Feet
5,648
Days on Site
Days on Site
31
Cooling
Cooling
Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
2016
Stories
Stories
2
Garages
Garages
2
Parking
Parking
Attached

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 rents of approximately $2,400 per unit present the potential to increase gross monthly rental income to roughly $9,600, making this an attractive investment with both immediate income and future upside. Ideally located just minutes from downtown Chattanooga, the property benefits from consistently strong rental demand thanks to its proximity to restaurants, shopping, entertainment, major employers, hospitals, and the area's renowned outdoor recreation. Whether you're looking to expand your portfolio or complete a 1031 exchange, this rare four-door investment offers scale, stability, and long-term appreciation potential in one of Chattanooga's most desirable rental markets. Please do not disturb tenants. Showings are by appointment only. Contact the Listing Agent for additional information or to schedule a showing.

Property Information

Property Details

Location

Address
721715 Ladd Avenue
County
Hamilton County, TN
City
Chattanooga
Zip Code
37405
Subdivision
Valhambrosia
High School
Red Bank High School
Elementary School
Red Bank Elementary School

Interior Features

Heating and Cooling

Cooling
Central Air, Electric
Heating
Central, Electric

Building

Building Information

Square Feet
5,648
Year Built
2016
Stories
2
Construction
Fiber Cement
Roof
Other

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$13,231
Greater Downtown Realty dba Keller Williams Realty, (423) 664-1900

Market Report for 37405

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Realtracs
Realtracs logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 03:58 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC64531