51 Gate Tower Way Ne #Lots 51, 52, 50, 49, Cleveland, TN 37312

Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
51 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

ATTENTION INVESTORS or 1031 EXCHANGE BUYERS! Exceptional Opportunity to own TWO Brand New Construction Quadplex/Four Family properties AND TWO adjacent building lots. The lots are zoned Residential R-2 which allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. One Four-Family/Quadplex is being built on Lot 51 Gate Tower Way NE (Parcel Id/ Tax ID: 050E H 039.00) and the second is being built on Lot 52 Gate Tower Way NE (Parcel Id/ Tax ID: 050E H 040.00). The adjacent lots are Lot 49 Bell Tower Ln (Parcel ID/ Tax ID: 050E H 017.00) and Lot 50 Bell Tower Ln (Parcel ID/ Tax ID: 050E H 018.00). Each Four-Family/Quadplex will have four 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 white cabinets, granite countertops, kitchen island, stainless steel appliances, and back patio. Expected completion Spring 2026. Enjoy future

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Home facts

  • Year built:2026
  • Listing ID #:1522203
  • Added:45 day(s) ago
  • Updated:November 26, 2025 at 03:45 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:$272

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