1600/1610 Chippewa Avenue Se, Cleveland, TN 37311

Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
1600/1610 Chippewa Avenue Se,Cleveland, TN 37311
$245,000
  • - Beds
  • 4 Baths
  • 2,934 sq. ft.
  • Multi-family
  • Active
Listed by:william eilf
Office:kw cleveland
MLS#:20250802
Source:TN_RCAR

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 #:20250802
  • Added:217 day(s) ago
  • Updated:September 30, 2025 at 02:14 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,934 sq. ft.

Heating and cooling

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

Structure and exterior

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

Schools

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

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

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