721 & 715 Ladd Avenue
Chattanooga, TN 37405
12
Bed
12
Bath
5,648Sqft
0.16Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 12 Full Baths: 8 Half Baths: 3Room Information
Basement: Crawl Space -
Flooring Information
Hardwood, Tile -
Roofing Information
Shingle -
Interior Features
Open Floorplan Roof: Shingle Appliances: Washer/Dryer, Microwave, Free-Standing Refrigerator, Free-Standing Electric Range, Free-Standing Electric Oven, Dishwasher -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 2016 Building Area Total: 5648 Construction Materials: Fiber Cement Stories: 2 Patio And Porch Features: Deck, Patio Private Pool: No
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Lot Information
Lot Dimensions: 50 X 140 Main Square Feet: 0.16 Acres Lot Size Acres: 0.16 Lot Size Square Feet: 6969.6 Lot Description: Gentle SlopingProperty Information
Subdivision: Valhambrosia Source Property Type: Residential Income MLS Area Minor: Chattanooga Property SubType: Quadruplex Levels: Two Property Age: 10
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Listing Price Information
Listing Price: $1250000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 126o E 032.01 Annual Tax: $13231.48 Tax Legal Desc: Lt 36 Valhambrosia Pb 4 Pg 17&18 Ou T Of 126O-E-032 For 2016 & Lt 37 Valhambrosia Pb 4 Pg 17&18 Ou T Of 126O-E-032.01
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Parking Information
Garage, Kitchen Level, Off Street, AttachedGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 2
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School Information
Elementary School: Red Bank ElementaryJunior High School: Red Bank MiddleSenior High School: Red Bank High School -
Utility Information
Sewer Connected -
Location Information
Direction: Take I-75 S, continue onto I - 24 W, Take exit 178 for Market St toward Lookout Mt, Continue onto US-27 N, Take the exit toward US-127 N/Signal Mtn., Keep left at the fork, follow signs for Red Bank, Turn left onto Signal Mountain Blvd., Turn right onto Dayton Blvd., Turn right onto E Frontage Rd., Turn right onto E Elmwood Dr., Slight left onto Whitehall Rd., Turn right onto Ladd Ave Destination will be on the right. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 409 Colville Street, Chattanooga, TN, 37405 | $550,000 | 4 | 3 | 2,083 | 2,083 SqFt |
| 15 Sawyer Street, Chattanooga, TN, 37405 | $600,000 | 4 | 5 | 2,520 | 2,520 SqFt |
| Residential Income, Chattanooga, TN, 37405 | $395,000 | 3 | 2 | 1,320 | 1,320 SqFt |
| 721 Ladd Avenue, Chattanooga, TN, 37405 | $649,000 | 6 | 6 | 2,824 | 2,824 SqFt |
| 715 Ladd Avenue, Chattanooga, TN, 37405 | $649,000 | 6 | 6 | 2,824 | 2,824 SqFt |
Similar Multifamily To 721 & 715 Ladd Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.
ByOwner last updated this listing 07/21/2026 @ 05:28
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