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1242 Ladd Springs Road SE

Cleveland, TN 37323
  • $750,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 20263103
UPDATED: 54 min ago
$750,000
  • 0
    BEDS
  • 1.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,814
    SQFT
  • $85
    $/SQFT
Type:
Commercial
Built:
1976
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2026 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Athens. Data last updated: 2026-07-22T09:47:23.05.
www.thgknoxville.com/homes/177724588
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1242 Ladd Springs Road SE Cleveland, TN 37323

  • Price: $750,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 54 min ago
  • ID#: 20263103
0
Beds
0
Baths
0
½ Baths
1.1
Acres
8,814
SQFT
$85
$/SQFT
1976
Built
County:
Bradley
Elementary School:
Waterville
Middle School:
Lake Forest
High School:
Bradley Central
Property Description
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.
Exterior Features

Construction Materials Block Exterior Features None Fencing [] Foundation Details Slab Lot Features Level Parking Features Asphalt Road Frontage Type County Road Roof Pitched Waterfront Features [] Waterfront YN No

Interior Features

Appliances Electric RangeRefrigerator Cooling [] Flooring Luxury Vinyl Heating [] Interior Features Open Floorplan

Property Features

Accessible YN No Building Features [] Business Type [] Electric [] Listing Terms CashConventional New Construction YN No Property Condition Functional Property Sub Type Mixed Use Road Responsibility [] Road Surface Type Asphalt Security Features [] Sewer Septic Tank Special Listing Conditions Standard Structure Type [] Subdivision YN No Tax Annual Amount 931.65 Tenant Pays [] Utilities Water ConnectedCable Available Water Source PublicWell Within City Limits YN No

Listing provided courtesy of Tammy Johnson of Coldwell Banker Kinard Realty: 423-476-5532.


© 2026 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Athens. Data last updated: 2026-07-22T09:47:23.05.
 
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