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For sale
  • $649,000

    721 Ladd Ave, Chattanooga, TN 37405

    6beds
    2,824sqft
    : 
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    Duplex
    Built in 2016
    -- sqft lot
    $623,800 Zestimate®
    $230/sqft
    $-- HOA

    What's special

    One-car garagePrivate deckAttractive amenitiesWell-maintained duplexTwo spacious townhome-style units
    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.**
    20 days
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    271
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    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Bri Goodrich 224-456-7423,

    Keller Williams Realty 423-664-1900

    Source: Greater Chattanooga Realtors,MLS#: 1537284

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      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
      Features
      • Open Floorplan
      • Flooring: Hardwood, Tile
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 2,824
      • Total interior livable area: 2,824 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Off Street, Kitchen Level
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Patio & porch: Deck, Patio
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 50 x 140
      • Features: Gentle Sloping
      Details
      • Parcel number: 126o E 032.02

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Fiber Cement
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2016

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Subdivision: Valhambrosia
      HOA
      • Has HOA: No
      Location
      • Region: Chattanooga

      Financial & listing details

      • Price per square foot: $230/sqft
      • Tax assessed value: $75,000
      • Annual tax amount: $6,615
      • Date on market: 6/22/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $623,800

        $593,000 - $655,000

        $2,405/mo

        Price history

        DateEventPrice
        6/22/2026Listed for sale$649,000+8.2%$230/sqft
        Source: Greater Chattanooga Realtors #1537284 Report a problem
        5/1/2026Listing removed$1,995$1/sqft
        Source: Zillow Rentals Report a problem
        4/10/2026Price change$1,995-15.1%$1/sqft
        Source: Zillow Rentals Report a problem
        3/26/2026Price change$2,350-5.8%$1/sqft
        Source: Zillow Rentals Report a problem
        3/16/2026Listed for rent$2,495+31.7%$1/sqft
        Source: Zillow Rentals Report a problem
        1/23/2026Listing removed$1,895$1/sqft
        Source: Zillow Rentals Report a problem
        1/14/2026Price change$1,895-9.5%$1/sqft
        Source: Zillow Rentals Report a problem
        12/3/2025Price change$2,095-1.4%$1/sqft
        Source: Zillow Rentals Report a problem
        11/20/2025Price change$2,125-3.2%$1/sqft
        Source: Zillow Rentals Report a problem
        11/17/2025Listed for rent$2,195+10%$1/sqft
        Source: Zillow Rentals Report a problem
        4/19/2025Listing removed$1,995$1/sqft
        Source: Zillow Rentals Report a problem
        3/15/2025Price change$1,995-2.4%$1/sqft
        Source: Zillow Rentals Report a problem
        1/13/2025Price change$2,045-3.8%$1/sqft
        Source: Zillow Rentals Report a problem
        12/3/2024Price change$2,125-3.4%$1/sqft
        Source: Zillow Rentals Report a problem
        10/16/2024Listed for rent$2,200+20.5%$1/sqft
        Source: Zillow Rentals Report a problem
        10/21/2023Listing removed--
        Source: Zillow Rentals Report a problem
        10/6/2023Price change$1,825-2.7%$1/sqft
        Source: Zillow Rentals Report a problem
        9/10/2023Price change$1,875-16.7%$1/sqft
        Source: Zillow Rentals Report a problem
        8/21/2023Listed for rent$2,250$1/sqft
        Source: Zillow Rentals Report a problem
        8/21/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/7/2023Price change$2,250-2%$1/sqft
        Source: Zillow Rentals Report a problem
        7/31/2023Price change$2,295-10%$1/sqft
        Source: Zillow Rentals Report a problem
        7/5/2023Price change$2,550-1.7%$1/sqft
        Source: Zillow Rentals Report a problem
        6/26/2023Listed for rent$2,595$1/sqft
        Source: Zillow Rentals Report a problem
        5/5/2022Sold$600,000+73.2%$212/sqft
        Source: Greater Chattanooga Realtors #1349321 Report a problem
        9/10/2018Sold$346,500+0.7%$123/sqft
        Source: Greater Chattanooga Realtors #1287853 Report a problem
        11/5/2016Sold$344,000$122/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$284 +5.9%$18,750 +56.3%
        2024$268 $12,000
        2023$268 $12,000
        2022$268 $12,000
        2021$268 +253.1%$12,000 +336.4%
        2020$76 $2,750
        2019$76 $2,750
        2018$76 -45.2%$2,750
        2017$139 -0.6%$2,750
        2016$140 --
        2015$140 $2,750
        2014$140 --
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37405

        Getting around

        7 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        16 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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