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Active
  • $800,000

    1242 Ladd Springs Rd SE, Cleveland, TN 37323

    --beds
    --baths
    8,814sqft
    : 
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    Multi Family
    Built in 1976
    -- sqft lot
    $-- Zestimate®
    $91/sqft
    $-- HOA

    What's special

    Low-maintenance livingModern finishesRenovated bathroomsFully occupied one-bedroom apartmentsLuxury vinyl plank flooring
    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-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. Please allow 24 hr for showing notice because all units are occupied
    9 days
    |
    92
    |
    3
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Tammy Johnson 423-476-5532,

    Coldwell Banker Kinard Realty 423-476-5532

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3243081MLS Logo

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      Facts & features

      Interior

      Features
      • Flooring: Luxury Vinyl
      Interior area
      • Total structure area: 8,814
      • Total interior livable area: 8,814 sqft

      Property

      Parking
      • Parking features: Asphalt
      Features
      • Levels: One
      • Stories: 1
      Details
      • Parcel number: 082 00602 000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • ICFs (Insulated Concrete Forms), Other
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $91/sqft
      • Annual tax amount: $932
      • Date on market: 6/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/15/2026Listed for sale$800,000+113.3%$91/sqft
        Source: RCAR #20263102 Report a problem
        6/2/2020Listing removed$375,000$43/sqft
        Source: Clarity Property Service #20196659 Report a problem
        11/14/2019Listed for sale$375,000$43/sqft
        Source: Clarity Property Service #20196659 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 37323

          Getting around

          0 / 100
          Car-Dependent
          17 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Waterville Community Elementary School
          • Middle: Lake Forest Middle School
          • High: Bradley Central High School

          Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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