19121914 1916/1918/1911/1913/1915/1917, Cleveland, TN 37323

Cleveland
Local realty services provided by:Reliant Realty ERA Powered
19121914 1916/1918/1911/1913/1915/1917,Cleveland, TN 37323
$2,200,000
  • - Beds
  • - Baths
  • 12,160 sq. ft.
  • Multi-family
  • Active
Listed by: gina shumway
Office: greater chattanooga realty, keller williams realty
MLS#:3541318
Source:NASHVILLE

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$180.92
  • Monthly HOA dues:$50

About this home

Don't miss out on this rare opportunity to acquire eight townhomes across two buildings in Cleveland, Tennessee, only one year old and fully occupied. This turnkey portfolio currently generates approximately $14,000 in gross monthly rental income--$168,000 annually--providing immediate cash flow from day one. The property is located within an HOA with low monthly dues that cover exterior maintenance, offering investors the advantage of simplified, low-maintenance ownership. With newer construction, established tenants, and HOA-maintained exteriors, this portfolio is positioned to minimize many of the maintenance concerns associated with older multifamily investments. Conveniently located near shopping, banking, everyday amenities, and highway access, the townhomes offer an excellent location for tenants with quick access throughout Cleveland and the surrounding area. With 100% occupancy, strong existing rental income, newer construction, and eight income-producing units...

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Home facts

  • Year built:2025
  • Subdivision & Development:Arbor Hills Townhomes
  • Listing ID #:3541318
  • Added:1 day(s) ago
  • Updated:September 04, 2026 at 04:15 PM

Rooms and interior

  • Living area:12,160 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Building area:12,160 sq. ft.
  • Levels:2 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:$2,200,000
  • Price per sq. ft.:$180.92
  • Tax amount:$17,248

Parking

  • Parking description:Detached, Driveway
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