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11657138
11657139

1610 Chippewa Ave SE, Cleveland, TN 37311

WE
TN TN 337177
K W Cleveland
Listed by K W Cleveland
$245,000
446 days on market
Updated 40 days ago
Opportunity zone

1600/1610 Chippewa Avenue SE

Details
APN 057l U 002.00 000 & 057l U 003.00 000
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 4
Class C
Year Built 1930
Year Renovated 2023
Buildings 3
Stories 1
Acreage 0.350
Zoning Multi family

Investor Rental Opportunity, fully leased

Marketing description

Turnkey Investment Portfolio – Fully Leased Multi-Building Property | Downtown Cleveland, TN

Rental income opportunity in the heart of Downtown Cleveland, Tennessee. This fully leased multi-building property sits on a corner lot with access to city utilities and recent upgrades throughout.

Recent renovations include:

  • Newer roofs

  • Updated plumbing

  • Fresh interior and exterior paint

Currently generating $3,000/month in rental income, this property offers immediate cash flow and long-term upside in a rapidly growing market.

Property Highlights:

  • Fully leased with $3,000/month rental income

  • City utilities (water, sewer, electric)

  • Convenient downtown location near shopping, dining, Greenway and public services

  • Ideal for investors seeking stabilized income with value-add potential

Don't miss this turnkey investment in one of Tennessee’s fastest-growing regions.

Investment highlights

Convenient location downtown Cleveland

Corner lot

Renovations

City utilities

Fully leased

Listing Contacts

WE
TN TN 337177
K W Cleveland
Listed by K W Cleveland

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Additional Information

Name
William Eilf
License
TN 337177
Brokerage
KW Cleveland Keller Williams
Brokerage Phone
423.303.1200
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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