


Listing Courtesy of: RIVER COUNTIES / Listed By: Tammy Johnson, Coldwell Banker Kinard Realty
1242 Ladd Springs Road SE Cleveland, TN 37323
Active
$800,000 (USD)
Description
MLS #:
20263102
20263102
Taxes
$932
$932
Type
Multifamily
Multifamily
Year Built
1976
1976
Style
Ranch
Ranch
County
Bradley County
Bradley County
Listed By
Tammy Johnson, Coldwell Banker Kinard Realty
Source
RIVER COUNTIES
Last checked Jun 15 2026 at 6:44 PM GMT+0000
RIVER COUNTIES
Last checked Jun 15 2026 at 6:44 PM GMT+0000
Bathroom Details
- Full Bathroom: 1
Interior Features
- Ceiling Fan(s)
Kitchen
- Electric Range
- Refrigerator
Property Features
- Foundation: Slab
Pool Information
- None
Flooring
- Luxury Vinyl
Exterior Features
- Roof: Pitched
Utility Information
- Utilities: Cable Available, Water Connected, Electricity Connected, Sewer Not Available
- Sewer: Septic Tank
School Information
- Elementary School: Waterville
- Middle School: Lake Forest
- High School: Bradley Central
Parking
- Asphalt
Stories
- One
Living Area
- 8,814 sqft
Location
Disclaimer: Copyright 2026 River Counties Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/15/26 11:44
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