2861 Michigan Ave Road Ne, Cleveland, TN 37323

Cleveland
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
2861 Michigan Ave Road Ne,Cleveland, TN 37323
$799,900
  • - Beds
  • - Baths
  • 4,948 sq. ft.
  • Multi-family
  • Active
Listed by: sommer oder-bailey
Office: re/max experience
MLS#:3510679
Source:NASHVILLE

Price summary

  • Price:$799,900
  • Price per sq. ft.:$161.66

About this home

Excellent investment opportunity to own a fully tenant-occupied 5-unit townhouse property in a desirable, high-demand location. Each spacious unit features 2 bedrooms and 1.5 bathrooms with a functional townhouse-style layout that offers comfortable living and strong tenant appeal. With all five units currently occupied, this turnkey property provides immediate rental income and has a strong rental history. Conveniently located near shopping, restaurants, schools, and other everyday amenities, the property is well positioned for continued rental demand and long-term investment potential. Partial owner financing is available, offering qualified buyers additional flexibility when structuring the purchase. Don't miss this opportunity to add a stable, income-producing multifamily property with an established tenant base to your investment portfolio. Financial information is available upon request.

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Home facts

  • Year built:1997
  • Subdivision & Development:No
  • Listing ID #:3510679
  • Added:92 day(s) ago
  • Updated:November 13, 2026 at 03:33 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:4,948 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Shingle
  • Year built:1997
  • Building area:4,948 sq. ft.
  • Construction Materials:Vinyl Siding
  • Levels:2 Story

Schools

  • High school:Cleveland High
  • Middle school:Cleveland Middle
  • Elementary school:Mayfield Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$799,900
  • Price per sq. ft.:$161.66
  • Tax amount:$1,393

Parking

  • Parking description:Concrete
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