Mixed-Use Property with
For Sale
$700,000
1242 Ladd Springs Road SE, Cleveland, TN 37323
Single-level property combines eight occupied apartments with a centrally positioned retail component and updated residential finishes.
Property Size8,814 SF
Price / SF$79.42
Days on Market16
Property Features for 1242 Ladd Springs Road SE
General Information
Standard status
Active
Size
8,814 SF
Property subtype
Multi-Family
Building Details
Year Built
1976
Listing Agency:
Coldwell Banker Kinard Realty
(423) 322-0197
Listed By:
Tammy Johnson · License #279286
Source:
Fykesrealtygroup
Added: Aug 14
Changed: Aug 28
Last Checked: Aug 29 at 12:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Kinard Realty
Investment Insights
Based on property information with market context.
This 8,814-square-foot mixed-use property contains eight one-bedroom apartments and a central retail area arranged on a single level. Four apartments are positioned on each side of the retail component, creating a straightforward residential-commercial layout. The apartment interiors feature luxury vinyl plank flooring and renovated bathrooms. All eight residential units are occupied, and the property is fully leased across its residential and retail components.
Built in 1976, the property is located in the county at 1242 Ladd Springs Road, SE, Cleveland, TN 37323. Its combination of apartment units and retail space provides two distinct property components within one building.
Built in 1976, the property is located in the county at 1242 Ladd Springs Road, SE, Cleveland, TN 37323. Its combination of apartment units and retail space provides two distinct property components within one building.
Key Highlights
- 8,814‑square‑foot mixed‑use property built in 1976
- Eight one‑bedroom apartments, all occupied
- Central retail space positioned between the residential units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 37323, TN
31,497
Population
12,841
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
114.6 sq mi
ZIP Area
275
Density / Sq Mi
$67,538
Median Household Income
$41,922
Median Earnings
$908
Median Rent
$213,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Single-level property combines eight occupied apartments with a centrally positioned retail component and updated residential finishes.
Where is this mixed-use property located?
The property is located at 1242 Ladd Springs Road SE Cleveland, TN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 8,814‑square‑foot mixed‑use property built in 1976; Eight one‑bedroom apartments, all occupied; Central retail space positioned between the residential units
