1907 Gate Tower Way Ne #Lots 51, 52, 50, 49, Cleveland, TN 37312
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
1907 Gate Tower Way Ne #Lots 51, 52, 50, 49,Cleveland, TN 37312
$2,500,000
- - Beds
- - Baths
- 12,496 sq. ft.
- Multi-family
- Active
Listed by: teresa scheiwe
Office: keller williams realty
MLS#:1522203
Source:TN_CAR
Price summary
- Price:$2,500,000
- Price per sq. ft.:$200.06
About this home
New Construction Investment Package. Under construction with an estimated completion ot early 2026. Designed and built for low maintenance. Great opportunity for a VA/FHA buyer's primary residence with future income. 1031 Exchange Welcome. PACKAGE INCLUDES 4 PARCELS CONSISTING OF: TWO Four-Family/ Quadplex buildings for a total of 8 doors ready to rent at completion, PLUS TWO adjacent building lots zoned R-2. Residential R-2 allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. EACH RESIDENCE WILL HAVE an estimated 1562 sq ft, 3 bedrooms, 2 and a half bathrooms, one car garage, 9 foot ceilings on the main level, vaulted ceilings in all bedrooms with ceiling fans, 2 story foyer, LVP flooring, custom soft close white cabinets, granite countertops, kitchen island, stainless steel appliances, and back patio with lawn area. Enjoy future rental income with the first two buildings allowing cash flow while you build two additional Four-Family/ Quadplex buildings on the two adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for lots. Property taxes to be determined. Information is deemed reliable but is not guaranteed. Buyers are responsible to independently verify all information. Agent has a personal interest. Local Lender recommendations available. Owner financing not available. PACKAGE INCLUDES: Gate Tower Way NE Lots 49, 50, 51, 52 Parcel Id/ Tax ID: 050E H 039.00, 050E H 040.00, 050E H 017.00, and 050E H 018.00). APPOINTMENTS REQUIRED - NO TRESPASSING. Call for more information. Seller may entertain selling not as a package too.
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Home facts
- Year built:2026
- Listing ID #:1522203
- Added:54 day(s) ago
- Updated:February 05, 2026 at 03:53 PM
Rooms and interior
- Living area:12,496 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:2026
- Building area:12,496 sq. ft.
- Lot area:3.01 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$200.06
- Tax amount:$302
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