1505 Mohawk Court, Cleveland, TN 37311

Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
1505 Mohawk Court,Cleveland, TN 37311
$388,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: solange velas, sakaylea sanders
Office: goldman partners realty, llc.
MLS#:1294458
Source:TN_KAAR

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Price summary

  • Price:$388,000

About this home

JUST REDUCED AGAIN! 4 PLEX FOR SALE CLEVELAND TN - OWC FIRST W/25% DOWN- STRONG CASHFLOW!!! This well-maintained quadplex in Cleveland offers a value add investment with plenty of rental upside! Units are rented on a month to month basis and Seller is offering great terms - subject to review of buyers financials, with 25% down payment, Seller will carry a 75% first deed of trust at 6%, amortized over 30 years with a balloon 5 years from closing. Recent updates include a new roof (2020) and 3 of 4 HVAC systems replaced in the last 3 years. Tenants pay all utilities, minimizing owner expenses. Unit 2 has been fully renovated with new appliances, new cabinetry, carpet, paint, and updated bathroom. A turnkey property with solid rental income potential! Please see video links for the interiors. As Mohawk is fully occupied, please allow 48 hours to schedule all showings through the listing agents. No sign on property and we respectively request that you do not disturb the residents

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Home facts

  • Year built:1970
  • Listing ID #:1294458
  • Added:332 day(s) ago
  • Updated:February 20, 2026 at 07:28 AM

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Central, Electric

Structure and exterior

  • Year built:1970

Finances and disclosures

  • Price:$388,000

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