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1242 Ladd Springs Road SE

$800,000

1242 Ladd Springs Road SE, Cleveland, TN 37323

Active
Last Updated: 06/23/2026

8,814 sqft

Building Size

1.1 acres

Lot Area

Details:
Building Size:    8,814 sqft
Lot Area:    1.1 acres
Year Built:    1976
MlsNumber:    20263103
Highlights:
  • Annual Tax: $ 931.0
Description:

Income-Producing Investment Opportunity with Retail SpaceExcellent 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.


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Listing ID: 1cba10c6-e6ec-4cf9-95eb-1d300feadc2f
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