16001610 Chippewa Avenue Se, Cleveland, TN 37311
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
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
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.
Contact an agent
Home facts
- Year built:1990
- Listing ID #:2795476
- Added:263 day(s) ago
- Updated:November 15, 2025 at 04:35 PM
Rooms and interior
- 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.
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
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