0 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
0 Gate Tower Way Ne #Lots 51, 52, 50, 49,Cleveland, TN 37312
$2,500,000
- - Beds
- - Baths
- 6,248 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.:$400.13
About this home
ATTENTION INVESTORS! Exceptional New Construction Investment Package Offered! Currently under construction and sold together are TWO Four-Family/Quadplex buildings (Lot 51 Gate Tower Way NE Parcel Id/ Tax ID: 050E H 039.00 and Lot 52 Gate Tower Way NE Parcel Id/ Tax ID: 050E H 040.00) PLUS TWO ready to build adjacent lots zoned Residential R-2 (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). Residential R-2 allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. Expected completion Spring 2026. 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. Designed and built for low maintenance. Enjoy future rental income while building on the adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for lots. MLS listing reflects information for the one Four-Family/Quadplex on Lot 52. 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. 1031 Exchange Buyers Welcome. Local Lender recommendations available. Owner financing is not available. Access road will be completed prior to closing. APPOINTMENTS REQUIRED - NO TRESPASSING. Call for more information.
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Home facts
- Year built:2026
- Listing ID #:1522203
- Added:1 day(s) ago
- Updated:October 12, 2025 at 02:40 PM
Rooms and interior
- Living area:6,248 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central, Heating
Structure and exterior
- Roof:Shingle
- Year built:2026
- Building area:6,248 sq. ft.
- Lot area:1.11 Acres
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer, Sewer Available
Finances and disclosures
- Price:$2,500,000
- Price per sq. ft.:$400.13
- Tax amount:$272
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