1242 Ladd Springs Road
Cleveland, TN 37323
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-prod
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: OtherRoofing Information
Other -
Flooring Information
Flooring: Luxury Vinyl Construction Materials: ICFs (Insulated Concrete Forms), Other -
Heating & Cooling
WaterSource: Public
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Building Information
Year Built: 1976
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Property Information
Property Type: Residential Income Structure Type: Multi Family
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Listing Price Information
Original List Price:$800000
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Tax Information
Annual Tax: $932 Parcel Number: 082 00602 000
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Parking Information
Asphalt
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School Information
Elementary School: Waterville Community Elementary School Junior High School: Lake Forest Middle School Senior High School: Bradley Central High School -
Utility Information
Water Available Sewer: Septic Tank Water Source: Public -
Location Information
City: Cleveland Direction: Spring place to left on Ladd Springs property will be on your left
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2818 Upton Circle, Cleveland, TN, 37323 | $354,900 | 3 | 3 | 2,231 | 2,231 SqFt |
| 2808 Upton Circle, Cleveland, TN, 37323 | $347,900 | 4 | 3 | 2,053 | 2,053 SqFt |
| 4213 Jabalia Lane, Cleveland, TN, 37323 | $324,900 | 3 | 3 | 1,909 | 1,909 SqFt |
| 2814 Upton Circle, Cleveland, TN, 37323 | $364,900 | 5 | 3 | 2,372 | 2,372 SqFt |
| 2803 Upton Circle, Cleveland, TN, 37323 | $308,320 | 3 | 2 | 1,300 | 1,300 SqFt |
| 156 Chestuee Lane Ln, Cleveland, TN, 37323 | $425,000 | 3 | 3 | 3,210 | 3,210 SqFt |
| 156 Chestuee Lane, Cleveland, TN, 37323 | $425,000 | 3 | 3 | 3,210 | 3,210 SqFt |
| 509 Chestuee Road, Cleveland, TN, 37323 | $999,900 | 4 | 4 | 2,800 | 2,800 SqFt |
| 260 Lamar Lawson Road, Cleveland, TN, 37323 | $399,900 | 3 | 3 | 1,700 | 1,700 SqFt |
| 175 Greenbriar Trail, Cleveland, TN, 37323 | $430,000 | 3 | 3 | 2,034 | 2,034 SqFt |
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ByOwner last updated this listing 06/17/2026 @ 06:20
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