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$800,000 - 1242 Ladd Springs Road Se, Cleveland

-
Bedrooms
-
Baths
8,814
SQ. Feet
1976
Year Built

Income-Producing Investment Opportunity with Retail Space Excellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential. Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors. Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation. Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components. Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied

Essential Information

  • MLS® #:
    3243081
  • Price:
    $800,000
  • Bathrooms:
    0.00
  • Square Footage:
    8,814
  • Acres:
    0.00
  • Year Built:
    1976
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    1242 Ladd Springs Road Se
  • City:
    Cleveland
  • County:
    Bradley County, TN
  • State:
    TN
  • Zip Code:
    37323

Amenities

  • Utilities:
    Water Available
  • Garages:
    Asphalt

Interior

  • # of Stories:
    1

Exterior

  • Roof:
    Other
  • Construction:
    ICFs (Insulated Concrete Forms), Other

School Information

  • Elementary:
    Waterville Community Elementary School
  • Middle:
    Lake Forest Middle School
  • High:
    Bradley Central High School

Additional Information

  • Date Listed:
    June 15th, 2026
  • Days on Market:
    5

Listing Details

  • Listing Office:
    Coldwell Banker Kinard Realty

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on June 21st, 2026 at 10:24am CDT.