1242 Ladd Springs Road Se, Cleveland, TN 37323

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
1242 Ladd Springs Road Se,Cleveland, TN 37323
$700,000
  • - Beds
  • - Baths
  • 8,814 sq. ft.
  • Multi-family
  • Active
Listed by: tammy johnson
Office: coldwell banker kinard realty
MLS#:3243081
Source:NASHVILLE

Price summary

  • Price:$700,000
  • Price per sq. ft.:$79.42

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1976
  • Subdivision & Development:None
  • Listing ID #:3243081
  • Added:97 day(s) ago
  • Updated:September 21, 2026 at 02:18 PM

Rooms and interior

  • Living area:8,814 sq. ft.

Heating and cooling

  • Cooling:Cooling
  • Heating:Heating

Structure and exterior

  • Year built:1976
  • Building area:8,814 sq. ft.
  • Construction Materials:ICFs (Insulated Concrete Forms)
  • Levels:1 Story

Schools

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

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$79.42
  • Tax amount:$932

Features and amenities

  • Amenities:Smoke Detector(s)

Parking

  • Parking description:Asphalt
MLS LogoCopyright 2026 Realtracs Mls. All rights reserved. Realtracs Mls provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Realtracs Mls will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Realtracs Mls.

New listings near 1242 Ladd Springs Road Se