2861 Michigan Ave Road Ne, Cleveland, TN 37323
Local realty services provided by:ERA Chappell & Associates Realty & Rental
2861 Michigan Ave Road Ne,Cleveland, TN 37323
$799,900
- - Beds
- - Baths
- 4,948 sq. ft.
- Multi-family
- Active
Listed by: sommer oder-bailey
Office: re/max experience
MLS#:3510679
Source:NASHVILLE
Price summary
- Price:$799,900
- Price per sq. ft.:$161.66
About this home
Excellent investment opportunity to own a fully tenant-occupied 5-unit townhouse property in a desirable, high-demand location. Each spacious unit features 2 bedrooms and 1.5 bathrooms with a functional townhouse-style layout that offers comfortable living and strong tenant appeal. With all five units currently occupied, this turnkey property provides immediate rental income and has a strong rental history. Conveniently located near shopping, restaurants, schools, and other everyday amenities, the property is well positioned for continued rental demand and long-term investment potential. Partial owner financing is available, offering qualified buyers additional flexibility when structuring the purchase. Don't miss this opportunity to add a stable, income-producing multifamily property with an established tenant base to your investment portfolio. Financial information is available upon request.
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Home facts
- Year built:1997
- Subdivision & Development:No
- Listing ID #:3510679
- Added:48 day(s) ago
- Updated:September 30, 2026 at 02:32 PM
Rooms and interior
- Flooring:Laminate
- Living area:4,948 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1997
- Building area:4,948 sq. ft.
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Cleveland High
- Middle school:Cleveland Middle
- Elementary school:Mayfield Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,900
- Price per sq. ft.:$161.66
- Tax amount:$1,393
Parking
- Parking description:Concrete
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