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1242 Ladd Springs Road Se, 
Cleveland, TN 37323

$725,000


Bed


1

Bath


8,814

Sq Ft


Multi-Family

Active

Listed by

Tammy Johnson

423-476-5532

Last updated:

August 8, 2026, 07:43 PM

MLS#

20263102

Source:

TN RCAR

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About This Home

1242 Ladd Springs Road Se

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

Home Facts

Multi-Family

1 Bath

Built in 1976

Price Summary

725,000

$82 per Sq. Ft.

MLS #:

20263102

Last Updated:

August 8, 2026, 07:43 PM

Added:

2 month(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

8,814 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

8,814 Sq. Ft.

Year Built:

1976


Finances & Disclosures

Finances

Price:

$725,000

Price per Sq. Ft:

$82 per Sq. Ft.

1242 Ladd Springs Road Se
Source:TN RCAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.