About 1242 Ladd Springs Rd Se
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.
Features of 1242 Ladd Springs Rd Se
| MLS® # | 3243849 |
|---|---|
| Price | $700,000 |
| Bathrooms | 0.00 |
| Acres | 1.10 |
| Year Built | 1976 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1242 Ladd Springs Rd Se |
|---|---|
| City | Cleveland |
| County | Bradley County, TN |
| State | TN |
| Zip Code | 37323 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Roof | Metal |
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Additional Information
| Date Listed | June 16th, 2026 |
|---|---|
| Days on Market | 91 |
| Zoning | Commercial |
| Foreclosure | No |
| Short Sale | No |
| Data Source | REALTRACS as distributed by MLS GRID |
Listing Details
| Office | Coldwell Banker Kinard Realty |
|---|