Active · MLS#: RTC3243849
$700,000
1242 Ladd Springs Rd, SE
Cleveland, TN 37323
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 residential and commercial components. Call today for additional financial information and to schedule a private tour.
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Property facts
- Bedrooms
- —
- Bathrooms
- —
- Square feet
- —
- Lot acres
- 1.1
- Year built
- 1976
- Garage spaces
- —
- Property type
- Mixed Use
- County
- Bradley County, TN
Location
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Listed by Coldwell Banker Kinard Realty · MLS#: RTC3243849 · Status: Active
Listings courtesy of RealTracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 8/20/2026, 11:26:00 AM CT. 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. IDX information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID.
