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1242 Ladd Springs Road SE
Cleveland TN 37323 US

$800,000

Active Listing ID 20263102
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1.00 Bath (1 Full)
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Apartment

$800,000

Active Listing ID 20263102
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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

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 1
  • Floor Covering: Vinyl

School Information

  • School
  • Waterville(Elementary)
  • Lake Forest(MiddleSchool)
  • Bradley Central(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Apartment
  • listprice: 800000
  • unparsedaddress: 1242 Ladd Springs Road SE
  • postalcity: Cleveland
  • stateorprovince: TN
  • country: US
  • postalcode: 37323
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 8814
  • livingareaunits: Square Feet
  • latitude: 35.089689
  • longitude: -84.796499
  • listagentfullname: Tammy Johnson
  • listagentemail: tnrealestate4u@hotmail.com
  • listagentkey: 3yd-RCARTN-4_21
  • listagentmlsid: 4_21
  • listagentpreferredphone: 4233220197
  • listagentofficephone: 4233220197
  • listofficekey: 3yd-RCARTN-4
  • listagentstatelicense: 279286
  • listofficemlsid: 4
  • disclaimer: Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RCARTN
  • yearbuilt: 1976
  • listingcontractdate: 2026-06-15
  • listagenturl: http://tammyjohnsonhomes.com
  • countyorparish: Bradley
  • parcelnumber: 082 00602 000
  • elementaryschool: Waterville
  • highschool: Bradley Central
  • appliances: Electric Range, Refrigerator
  • constructionmaterials: Block, Concrete
  • flooring: Vinyl
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • interiorfeatures: Ceiling Fan(s)
  • architecturalstyle: Ranch
  • rooms: Bathroom 1
  • utilities: Cable Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.7965, 35.089687
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Hamilton & Associates", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tnrealestate4u@hotmail.com", "ListBrokerageCity":"Cleveland", "ListBrokerageCountry":"US", "ListBrokerageEmail":"alison.hamilton@coldwellbanker.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RCARTN/921c0ce1ea6211de949e000d5671d604/20091217131415513.jpeg", "ListBrokerageName":"Coldwell Banker Hamilton & Associates", "ListBrokeragePhone":"(423) 476-5532", "ListBrokeragePostalCode":"37312", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2650 Peerless Rd NW", "ListBrokerageWebsiteUrl":"http://www.hamiltoncoldwellbanker.com", "ListOfficeAddress1":"2650 Peerless Rd NW ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"4", "ListOfficeCity":"Cleveland", "ListOfficeCountry":"US", "ListOfficeEmail":"susan@susanbarnette.com", "ListOfficePostalCode":"37312", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"APARTMENT - Ranch - Cleveland, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1242-Ladd-Springs-Rd-SE_Cleveland_TN_37323_M85095-98610?f=listhub&s=RCARTN&m=20263102&c=rexren", "MLSModificationTimestamp":"2026-06-15 16:28:04", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":932, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/15/2026 4:31:31 PM GMT
Source Updated Date: 6/30/2026 12:50:44 AM GMT

Courtesy of: Tammy Johnson, Coldwell Banker Kinard Realty, tnrealestate4u@hotmail.com

Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.