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

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.

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Home facts

  • Year built:1990
  • Listing ID #:2795476
  • Added:491 day(s) ago
  • Updated:July 01, 2026 at 02:32 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

Parking

  • Parking description:Paved
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