Listing Courtesy of: REALTRACS as distributed by MLS GRID / Listed By: Tammy Johnson, Coldwell Banker Kinard Realty
1242 Ladd Springs Road SE Cleveland, TN 37323
Active (114 Days)
$700,000 (USD)
8,814
SQFT
Description
MLS #:
RTC3243081
RTC3243081
Taxes
$932
$932
Type
Multifamily
Multifamily
Year Built
1976
1976
County
Bradley County
Bradley County
Listed By
Tammy Johnson, Coldwell Banker Kinard Realty
Source
REALTRACS
Last checked Oct 8 2026 at 3:39 AM GMT+0000
REALTRACS
Last checked Oct 8 2026 at 3:39 AM GMT+0000
Bathroom Details
Subdivision
- None
Heating and Cooling
- Other
Flooring
- Luxury Vinyl
Exterior Features
- Other
- Icfs (Insulated Concrete Forms)
- Roof: Other
Utility Information
- Utilities: Water Available
- Sewer: Septic Tank
School Information
- Elementary School: Waterville Community Elementary School
- Middle School: Lake Forest Middle School
- High School: Bradley Central High School
Parking
- Asphalt
Stories
- 1
Living Area
- 8,814 sqft
Location
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 10/8/2026 03:39. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied