LKV Realty
Logo
$725,000
$3,900Reward *
1242 Ladd Springs Road SE, Cleveland, TN 37323Listing ID 3243081

1242 Ladd Springs Road SE, Cleveland, TN 37323

Active
Time on site: 64 daysLast updated: 4 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Square Feet
Square Feet
8,814
Days on Site
Days on Site
63
Year Built
Year Built
1976
Stories
Stories
1
Parking
Parking
Asphalt

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. Please allow 24 hr for showing notice because all units are occupied

Property Information

Property Details

Location

Address
1242 Ladd Springs Road SE
County
Bradley County, TN
City
Cleveland
Zip Code
37323
High School
Bradley Central High School
Elementary School
Waterville Community Elementary School

Interior Features

Interior Features

Flooring
Luxury Vinyl

Building

Building Information

Square Feet
8,814
Year Built
1976
Stories
1
Construction
ICFs (Insulated Concrete Forms), Other
Roof
Other

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$932
Coldwell Banker Kinard Realty, (423) 476-5532

Market Report for 37323

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Realtracs
Realtracs logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 04:13 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC68705