1242 Ladd Springs Rd SE
Description
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....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
- Listed by Tammy Johnson • Coldwell Banker Kinard RealtyC: (423)-322-0197 tnrealestate4u@hotmail.com
Property Details for 1242 Ladd Springs Road Southeast
Property Details for 1242 Ladd Springs Road Southeast
| Status | Active |
|---|---|
| MLS # | 3243081 |
| Days on Market | 4 |
| Taxes | $932 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1976 |
| Lot Size | - |
| County | Bradley County |
Location
Building Information for 1242 Ladd Springs Road Southeast
Payment Calculator
$4,064 per month
30 year fixed, 6.36% Interest
$3,986
$78
$0
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1Property Information for 1242 Ladd Springs Road Southeast
- Directions: Spring place to left on Ladd Springs property will be on your left
- Elementary School: Waterville Community Elementary School
- High School: Bradley Central High School
- Levels: One
- Living Area Units: Square Feet
- Middle Or Junior School: Lake Forest Middle School
- Mlg Can View: Yes
- Parking Features: Asphalt
- Parking Total: .00
- Condo Coop Association YN: No
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area Units: Square Feet
- Building Area Units: Square Feet
- Flooring: Luxury Vinyl
- Lot Size Units: Acres
- Parcel Number: 082 00602 000
- Structure Type: Multi Family
- Construction Materials: ICFs (Insulated Concrete Forms), Other
- Documents Count: 0
- New Construction: No
- Possession: Close Of Escrow
- Property Attached: Yes
- Security Features: Smoke Detector(s)
- Senior Community: No
- Stories: 1
- Year Built Details: Existing
- Cooling: No
- Heating: No
- Sewer: Septic Tank
- Utilities: Water Available
- Water Source: Public
- Attached Garage: No
- Exterior Features: No Dock
- Pool Private: No
- Roof: Other
- View YN: No
- Number Of Units Total: 8
- Rent Includes: Water
- Tenant Pays: Other
Property History for 1242 Ladd Springs Road Southeast
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 16, 2026 | Listed (Active) REALTRACS #3243849 | $800,000 | — |
| Jun 15, 2026 | Listed (Active) REALTRACS #3243081 | $800,000 | — |
| Nov 1, 2018 | Closed (Public Record) Public Record #633869469 | $220,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/16/2026 | Listed (Active) REALTRACS #3243849 | $800,000 |
| 06/15/2026 | Listed (Active) REALTRACS #3243081 | $800,000 |
| 11/01/2018 | Closed (Public Record) Public Record #633869469 | $220,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 1242 Ladd Springs Road Southeast
Schools near 1242 Ladd Springs Road Southeast
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
Waterville Community Elementary School PublicPK to 5 | ||
Lake Forest Middle School Public6 to 8 | ||
Bradley Central High School Public9 to 12 | ||
Bradley County Virtual School Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Kinard Realty, Tammy Johnson (423.322.0197)
Based on information submitted to the MLS GRID as of 06/15/2026 12:30 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial 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. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.
