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$700,000
84 Days On Site

1242 Ladd Springs Road SE
Cleveland, TN 37323

For Sale|Multi Family|Active
0
Beds
0
Total Baths
8,814
SqFt
$79
/SqFt
1976
Built
Subdivision:
None
County:
Bradley
Call Now: (615) 819-1996
Is this the listing for you? We can help make it yours.
(615) 819-1996
1242 Ladd Springs Road SE1242 Ladd Springs Road SE1242 Ladd Springs Road SE1242 Ladd Springs Road SE
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Monthly Payment (Est.)

$3,194
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$700,000
Days On Site 
84 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,814 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1976
MLS® Number 
3243081
Status 
Active
Property Tax 
$932
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoPrice changed to $700,000
3 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Levels 
One
Number Of Stories 
1
Parking 
Asphalt
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Above 
8814
SqFt Total 
8814
Utilities 
Water Available
Water Source 
Public
Zoning 
Commercial
Interior Features
Cooling 
Other
Heating 
Other
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Exterior Features
Construction Details 
ICFs (Insulated Concrete Forms)Other
Roof 
Other
Schools
School District
Unknown
Elementary School
Waterville Community Elementary School
Middle School
Lake Forest Middle School
High School
Bradley Central High School
Listing courtesy of Coldwell Banker Kinard Realty Tammy Johnson

Listings courtesy of Realtracs as distributed by MLS GRID



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