1242 Ladd Springs Road SE, Cleveland, TN 37323

Building Details

Year Built

1976

Listing agent Tammy Johnson License #TN

Listing office Coldwell Banker Commercial Kinard Realty Cleveland

Listing date Jun 16, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Kinard Realty Cleveland

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Overview

This mixed-use property combines residential and retail under one roof, arranged for straightforward day-to-day operations. There are eight fully occupied one-bedroom apartments and a central retail space, all located on one level. The layout places four apartment units on each side of the retail area.

The apartments have been updated with luxury vinyl plank flooring and renovated bathrooms, reflecting a more modern, low-maintenance finish level. The property is located in Cleveland, TN.

As an income-producing investment, the building offers exposure to both residential rents and a retail component within the same overall structure. The fully occupied status of the apartments provides ongoing rental income, while the central retail space supports a mixed-use tenant mix. For investors seeking a one-level configuration with multiple apartment units and an attached retail offering, this property is designed to be manageable as a single asset with income generated from both components.

Suggested Use

Real Estate Agency Department Store Grocery & Convenience Store Grocery & Convenience Store Pet Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Cleveland

County

Bradley

State

Tennessee

Longitude

-84.79628

Latitude

35.089832

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FAQs

What type of property is this?

Apartment building - One-level building with eight occupied one-bedroom apartments and central retail space for stable residential and commercial income.

Where is this apartment building 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 $800,000.

What are key features of this property?

This property features: Year built 1976 one‑level mixed‑use building with eight occupied 1‑bedroom apartments plus central retail space; Layout features four apartment units on each side of the retail space, all on one level; All apartments are updated with luxury vinyl plank flooring and renovated bathrooms