1242 Ladd Springs Road Se, Cleveland, TN

$700,000

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  • 8,814

    Square feet

Description of 1242 Ladd Springs Road Se, Cleveland - MLS# 3243081

Income-Producing Investment Opportunity with Retail Space Excellent investment opportunity featuring nine one-bedroom apartments and a central retail space, all conveniently located on one level. Eight of the nine apartments are occupied. The property is designed with four apartment units on each side of the retail space and one apartment off the back of the building, 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. Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied

Features of 1242 Ladd Springs Road Se of 1242 Ladd Springs Road Se

MLS® # 3243081
Price $700,000
Bathrooms 0.00
Square Footage 8,814
Acres 0.00
Year Built 1976
Type Residential Income
Status Active
New Construction No

Community Information : Cleveland

Address 1242 Ladd Springs Road Se
Subdivision None
City Cleveland
County Bradley County, TN
State TN
Zip Code 37323

Amenities of 1242 Ladd Springs Road Se

Utilities Water Available
Garages Asphalt
Is Waterfront No
Has Pool No

Interior of 1242 Ladd Springs Road Se

Heating Other
Cooling Other
Fireplace No
# of Stories 1

Exterior of 1242 Ladd Springs Road Se

Roof Other
Construction ICFs (Insulated Concrete Forms), Other

School Information of 1242 Ladd Springs Road Se

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

Additional Information On 1242 Ladd Springs Road Se

Date Listed June 15th, 2026
Days on Market 80
Zoning Commercial
Foreclosure No
Short Sale No

Listing Details of 1242 Ladd Springs Road Se

OfficeColdwell Banker Kinard Realty

Listings courtesy of REALTRACS as distributed by MLS GRID

Listing Map of 1242 Ladd Springs Road Se

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1242 Ladd Springs Road Se Cleveland TN 37323 - MLS# 3243081

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