1242 Ladd Springs Road Se, Cleveland, TN 37323

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
1242 Ladd Springs Road Se,Cleveland, TN 37323
$750,000
  • - Beds
  • 1 Baths
  • 8,814 sq. ft.
  • Multi-family
  • Active
Listed by: tammy johnson
Office: coldwell banker kinard realty
MLS#:20263102
Source:TN_RCAR

Price summary

  • Price:$750,000
  • Price per sq. ft.:$85.09

About this home

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...

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Home facts

  • Year built:1976
  • Listing ID #:20263102
  • Added:52 day(s) ago
  • Updated:July 29, 2026 at 02:42 PM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Luxury Vinyl
  • Kitchen Description:Electric Range, Refrigerator
  • Living area:8,814 sq. ft.

Structure and exterior

  • Roof:Pitched
  • Year built:1976
  • Building area:8,814 sq. ft.
  • Lot Features:Level
  • Architectural Style:Ranch
  • Construction Materials:Block, Concrete
  • Foundation Description:Slab
  • Levels:1 Story

Schools

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

Utilities

  • Water:Public, Water Connected, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$85.09
  • Tax amount:$931

Features and amenities

  • Appliances:Electric Range, Refrigerator
  • Amenities:Ceiling Fan(s)

Parking

  • Parking description:Asphalt Driveway

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