1242 Ladd Springs Rd SE, Cleveland, TN

Others for Sale - $700,000 - 8,814 Sq. Ft.


Agent Info

Tammy Johnson
Coldwell Banker Kinard Realty

Property Info

CIMLS#1196347
Location
  1242 Ladd Springs Rd SE
  Cleveland TN 37323
UpdatedSeptember 8th, 2026
TypeOthers
Price$700,000
Building8,814 Sq. Ft.

Property Description

Income-Producing Investment Opportunity with Retail SpaceExcellent 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.


Financials


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