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!
For sale
Price cut: $15K (9/16)
$600,000
715 Ladd Ave, Chattanooga, TN 37405
6beds
2,824sqft
Duplex
Built in 2016
-- sqft lot
$583,700 Zestimate®
$212/sqft
$-- HOA
What's special
One-car garagePrivate deckWell-maintained duplexTwo spacious townhome-style units
- 108 days
- 270
- 8
Zillow last checked:
Listing updated:
Listed by:
Bri Goodrich 224-456-7423,
Keller Williams Realty 423-664-1900
Source: Greater Chattanooga Realtors,MLS#: 1536405
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Washer/Dryer
- Laundry: Laundry Closet, Upper Level
Features
- Open Floorplan, Recessed Lighting
- Flooring: Hardwood, Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,824
- Total interior livable area: 2,824 sqft
- Finished area above ground: 2,824
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Garage Faces Front, Kitchen Level
- Attached garage spaces: 2
Features
- Levels: Two
- Patio & porch: Deck, Patio, Porch - Covered
- Exterior features: Private Entrance, Private Yard, Rain Gutters
Lot
- Size: 6,969 Square Feet
- Dimensions: 50 x 140
- Features: Gentle Sloping
Details
- Parcel number: 126o E 032.01
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Fiber Cement
- Foundation: Block
- Roof: Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: None
- Subdivision: Valhambrosia
HOA
- Has HOA: No
Location
- Region: Chattanooga
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $480,000
- Annual tax amount: $6,615
- Date on market: 6/9/2026
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
- Tenant pays: All Utilities
- Road surface type: Paved
Estimated market value
$583,700
$555,000 - $613,000
$2,059/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Price change | $600,000-2.4%$212/sqft |
Source: Greater Chattanooga Realtors #1536405 Report a problem | ||
| 8/26/2026 | Price change | $615,000-1.6%$218/sqft |
Source: Greater Chattanooga Realtors #1536405 Report a problem | ||
| 8/11/2026 | Price change | $625,000-3.7%$221/sqft |
Source: Greater Chattanooga Realtors #1536405 Report a problem | ||
| 6/9/2026 | Listed for sale | $649,000$230/sqft |
Source: Greater Chattanooga Realtors #1536405 Report a problem | ||
| 3/25/2026 | Listing removed | $649,000$230/sqft |
Source: Greater Chattanooga Realtors #1530952 Report a problem | ||
| 3/23/2026 | Listed for sale | $649,000+8.2%$230/sqft |
Source: Greater Chattanooga Realtors #1530952 Report a problem | ||
| 12/26/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/22/2023 | Listed for rent | $1,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/5/2022 | Sold | $600,000+916.9%$212/sqft |
Source: Greater Chattanooga Realtors #1349320 Report a problem | ||
| 5/3/2022 | Contingent | $59,000$21/sqft |
Source: Greater Chattanooga Realtors #1352145 Report a problem | ||
| 3/25/2022 | Listed for sale | $59,000-90.9%$21/sqft |
Source: Greater Chattanooga Realtors #1352145 Report a problem | ||
| 2/4/2022 | Contingent | $649,000$230/sqft |
Source: Greater Chattanooga Realtors #1349320 Report a problem | ||
| 2/2/2022 | Listed for sale | $649,000+88.7%$230/sqft |
Source: Greater Chattanooga Realtors #1349320 Report a problem | ||
| 11/14/2016 | Sold | $344,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,910 -15.3% | $192,000 +25% |
| 2024 | $3,436 | $153,600 |
| 2023 | $3,436 | $153,600 |
| 2022 | $3,436 | $153,600 |
| 2021 | $3,436 -9.7% | $153,600 +11.6% |
| 2020 | $3,806 | $137,640 |
| 2019 | $3,806 | $137,640 |
| 2018 | $3,806 -46.1% | $137,640 |
| 2017 | $7,067 | $137,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37405
Nearby schools
Schools provided by the listing agent
- Elementary: Red Bank Elementary
- Middle: Red Bank Middle
- High: Red Bank High School
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






