16001610 Chippewa Avenue Se, Cleveland, TN 37311

Cleveland
Local realty services provided by:ERA Chappell & Associates Realty & Rental
16001610 Chippewa Avenue Se,Cleveland, TN 37311
$245,000
  • - Beds
  • - Baths
  • 2,934 sq. ft.
  • Multi-family
  • Active
Listed by: william eilf
Office: keller williams cleveland
MLS#:2795476
Source:NASHVILLE

Price summary

  • Price:$245,000
  • Price per sq. ft.:$83.5

About this home

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.

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Home facts

  • Year built:1990
  • Listing ID #:2795476
  • Added:366 day(s) ago
  • Updated:February 26, 2026 at 07:38 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:2,934 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1990
  • Building area:2,934 sq. ft.
  • Levels:1 Story

Schools

  • High school:Cleveland High
  • Middle school:Cleveland Middle
  • Elementary school:Blythe-Bower Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$245,000
  • Price per sq. ft.:$83.5
  • Tax amount:$431
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