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For sale
  • Price cut: $15K (9/16)
    $600,000

    721 Ladd Ave, Chattanooga, TN 37405

    6beds
    2,824sqft
    : 
    $3,579/mo
    Get pre-qualified
    Duplex
    Built in 2016
    -- sqft lot
    $586,600 Zestimate®
    $212/sqft
    $-- HOA

    What's special

    One-car garagePrivate deckTwo 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.**
    93 days
    161
    15

    Zillow last checked:

    Listing updated:

    Listed by:

    Bri Goodrich 224-456-7423,

    Keller Williams Realty 423-664-1900

    Source: Greater Chattanooga Realtors,MLS#: 1537284

      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: $212/sqft
      • Tax assessed value: $480,000
      • Annual tax amount: $6,615
      • Date on market: 6/22/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan

        Estimated market value

        $586,600

        $557,000 - $616,000

        $2,059/mo

        Price history

        DateEventPrice
        9/16/2026Price change$600,000-2.4%$212/sqft
        Source: Greater Chattanooga Realtors #1537284 Report a problem
        8/26/2026Price change$615,000-1.6%$218/sqft
        Source: Greater Chattanooga Realtors #1537284 Report a problem
        8/11/2026Price change$625,000-3.7%$221/sqft
        Source: Greater Chattanooga Realtors #1537284 Report a problem
        6/22/2026Listed for sale$649,000+8.2%$230/sqft
        Source: Greater Chattanooga Realtors #1537284 Report a problem
        5/5/2022Sold$600,000+74.4%$212/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2384981 Report a problem
        11/7/2016Sold$344,000$122/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

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        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.
        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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