Property Details
Basic Information
- Property SubType: Residential Income
- MLS Number: 3243081
- Mls Status: Active
- List Price: $800,000
- Date Listed: 06/15/2026
- Units: 8
- Description: 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
Building
- Square Feet: 8,814
- Year Built: 1976
- Stories: 1
- Roof: Other
Location
- County: Bradley County, TN
- Town: Cleveland
- Street: Ladd Springs Road SE
- Building Number: 1242
- State: TN
- Zip: 37323
- Longitude: -84.796499
- Latitude: 35.089689
Finance
- Taxes: $932
Community
Schools
- Elementary School: Waterville Community Elementary School
- High School: Bradley Central High School
Other Details
Water
- Water Access: Public
Listings courtesy of Realtracs as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 15, 2026 2:29 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.