16001610 Chippewa Avenue #SE, Cleveland, TN 37311
16001610 Chippewa Avenue #SE, Cleveland, TN 37311
16001610 Chippewa Avenue #SE, Cleveland, TN 37311
16001610 Chippewa Avenue #SE, Cleveland, TN 37311
16001610 Chippewa Avenue #SE, Cleveland, TN 37311
16001610 Chippewa Avenue #SE, Cleveland, TN 37311
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Listed by William Eilf • Keller Williams Cleveland
$ 245,000
Est. payment | /mo

2,934 SqFt


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$ 245,000
Est. payment | /mo
Save

2,934 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,934 sqft

Price per Sqft $83

MLS Listing ID 2795476

HOA Y/N No

Year Built 1990

Annual Tax Amount $431

Lot Dimensions 104' x 160'

Property Description

Multi-building 4 unit portfolio -- Downtown Cleveland, TN. Corner lot • Recent renovations throughout. • $2,130/month total in place for 3 units (4th unit being rehabbed, to be rented for $1,100/month).

This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental income from day one. No lease-up risk, just stabilized cash flow in a market that continues to grow. The property sits on a corner lot with full city utilities -- water, sewer, and electric. Downtown Cleveland's trajectory, combined with the property's walk-to-everything location near shopping, dining, the Greenway, and public services, gives a future owner real room to grow rents as the market matures. Whether you're building a portfolio or adding a low-maintenance income property to an existing one, this checks the boxes.

Location

State TN

County Bradley County

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Laminate

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Shingle

Private Pool false

Building

Story 1

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Blythe-Bower Elementary

Middle Schools Cleveland Middle

High Schools Cleveland High

Others

Senior Community false

Special Listing Condition Standard

RealTracs IDX

Nearby Locations

Melinda Lawson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 504-7874

buyorsellwithmelinda@gmail.com

2223 NW Broad St Suite E, Murfreesboro, Tennessee, 37129, USA

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16001610 Chippewa Avenue #SE