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(615) 207-4585 dee@deerussell.com
  • Partners Real Estate LLC
    3401 Mallory Lane ste 100
    Franklin, TN 37067
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IDX information is provided exclusively for 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 not guaranteed.

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Home / Cleveland / 1242 Ladd Springs Road SE
1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 1242 Ladd Springs Road SE Cleveland, TN 37323 View All Photos

$700,000

| Active

1242 Ladd Springs Road SE

Cleveland, TN 37323

8,814
Square Feet
65
Days on Market
RTC3243081
MLS#
Townhouse
Structure
Residential
Zone
Contact
Listing OfficeColdwell Banker Kinard Realty

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

Property Details
Cooling
Other
Heating
Other
Cooling Features
Other
Stories
1
Square Feet
8814.0
Horse Stable
1
Parking Features
Asphalt
Parking Spaces
0.0
Parking Garage Spaces
0.0
Property Type
Purchase
Year Built
1976
Roof
Other
Sewer Information
Septic Tank
Utility Source
Public
Utility Features
Water Available
Water
Public
Elementary School
Waterville Community Elementary School
Middle School
Lake Forest Middle School
High School
Bradley Central High School
County
Bradley County, TN
Region
Cleveland
Zoning
Commercial
Original List Price
$800,000
Taxes Annual
$932
MLS #
3243081
Property Subtype
Residential Income
Parcel Number
082 00602 000
MLS #
3243081
Structure Type
Multi Family
Date Listed
June 15, 2026
Address
1242 Ladd Springs Road SE
Location
Legal

IDX information is provided exclusively for 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 not guaranteed.

Provided By
Listed by Tammy Johnson (#RTC68705)
Listing Office: Coldwell Banker Kinard Realty (#RTC5436)

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