1912/1914/ 1916/1918/1911/1913/1915/1917 Lane #Cypress, Cleveland, TN 37323

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
1912/1914/ 1916/1918/1911/1913/1915/1917 Lane #Cypress,Cleveland, TN 37323
$2,200,000
  • 24 Beds
  • 24 Baths
  • 12,160 sq. ft.
  • Multi-family
  • Active
Listed by: gina shumway
Office: keller williams realty
MLS#:1542141
Source:TN_CAR

Price summary

  • Price:$2,200,000
  • Price per sq. ft.:$180.92
  • Monthly HOA dues:$50

About this home

Don't miss out on this rare opportunity to acquire eight townhomes across two buildings in Cleveland, Tennessee, only one year old and fully occupied. This turnkey portfolio currently generates approximately $14,000 in gross monthly rental income--$168,000 annually--providing immediate cash flow from day one. The property is located within an HOA with low monthly dues that cover exterior maintenance, offering investors the advantage of simplified, low-maintenance ownership. With newer construction, established tenants, and HOA-maintained exteriors, this portfolio is positioned to minimize many of the maintenance concerns associated with older multifamily investments. Conveniently located near shopping, banking, everyday amenities, and highway access, the townhomes offer an excellent location for tenants with quick access throughout Cleveland and the surrounding area. With 100% occupancy, strong existing rental income, newer construction, and eight income-producing units...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:2025
  • Subdivision & Development:Arbor Hills Townhomes
  • Listing ID #:1542141
  • Added:16 day(s) ago
  • Updated:September 20, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Full bathrooms:24
  • Flooring:Luxury Vinyl
  • Dining Description:Eat-in Kitchen
  • Kitchen Description:Eat-in Kitchen, Kitchen Island
  • Basement:Yes
  • Living area:12,160 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2025
  • Building area:12,160 sq. ft.
  • Lot area:0.57 Acres
  • Construction Materials:Concrete, HardiPlank Type
  • Foundation Description:Slab
  • Levels:Two

Utilities

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

Finances and disclosures

  • Price:$2,200,000
  • Price per sq. ft.:$180.92
  • Tax amount:$17,248

Features and amenities

  • Amenities:Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting

Parking

  • Parking description:Driveway, Garage
  • Garage:Yes

New listings near 1912/1914/ 1916/1918/1911/1913/1915/1917 Lane #Cypress