578 Withrow Road, McDonald, TN 37353
Local realty services provided by:Better Homes and Gardens Real Estate Signature Brokers
578 Withrow Road,McDonald, TN 37353
$569,000
- 8 Beds
- 6 Baths
- 3,888 sq. ft.
- Multi-family
- Active
Listed by: gina shumway
Office: keller williams realty
MLS#:1540695
Source:TN_CAR
Price summary
- Price:$569,000
- Price per sq. ft.:$146.35
About this home
Don't miss this opportunity to own a cash-flowing 6-unit apartment building in desirable Bradley County--just minutes from I-75, Cleveland, and Chattanooga. The property is currently generating $4,047 per month in rental income with one vacant unit currently marketed for $850 per month, providing immediate upside for a new owner.
The unit mix consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a strong blend of unit types to attract a variety of tenants. Each unit is individually metered, with tenants paying their own utilities while the owner is responsible only for trash service, helping keep operating expenses low.
Constructed with a low-maintenance brick exterior, this property is built for long-term durability and ease of ownership. Located outside the Cleveland city limits, owners benefit from county-only property taxes.
With below-market rents and room to optimize income over time, this property offers an excellent value-add opportunity for both seasoned investors and those looking to expand their rental portfolio. Whether you're seeking immediate cash flow or long-term appreciation through improved rental performance, this is an investment worth adding to your portfolio.
Note: there is one vacant unit that may be viewed. All other units to be viewed once under contract. Please do not disturb tenants. No sign on property....
Contact an agent
Home facts
- Year built:1972
- Subdivision & Development:None
- Listing ID #:1540695
- Added:46 day(s) ago
- Updated:September 28, 2026 at 03:00 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:6
- Full bathrooms:6
- Flooring:Luxury Vinyl
- Basement:Yes
- Living area:3,888 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Heating
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1972
- Building area:3,888 sq. ft.
- Lot area:1 Acres
- Architectural Style:Ranch
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$569,000
- Price per sq. ft.:$146.35
- Tax amount:$1,596
Parking
- Parking description:Asphalt, Off Street, Parking Lot
New listings near 578 Withrow Road
- New
$639,000Active5 beds 4 baths3,433 sq. ft.276 Hidden Ridges Drive Sw, McDonald, TN 37353
MLS# 1543390Listed by: DAVANZO REAL ESTATE
$810,000Pending3 beds 4 baths3,726 sq. ft.5903 Stone Mill Road, McDonald, TN 37353
MLS# 1542985Listed by: NU VISION REALTY
$749,900Active3 beds 3 baths3,400 sq. ft.214 Pleasant Grove Lane, McDonald, TN 37353
MLS# 1542789Listed by: NU VISION REALTY
$629,000Active3 beds 2 baths1,488 sq. ft.751 Owl Hollow Road, McDonald, TN 37353
MLS# 1541460Listed by: REALTY ONE GROUP EXPERTS
$765,000Pending4 beds 3 baths3,068 sq. ft.382 Bridgewater Drive, McDonald, TN 37353
MLS# 1541685Listed by: KELLER WILLIAMS REALTY
$585,000Active3 beds 4 baths2,769 sq. ft.4851 Mcdonald Road, McDonald, TN 37353
MLS# 1541707Listed by: KELLER WILLIAMS REALTY
$298,000Active3 beds 2 baths1,216 sq. ft.675 S Mcdonald Road Sw, McDonald, TN 37353
MLS# 1541382Listed by: THE GROUP REAL ESTATE BROKERAGE
$129,000Active5.05 Acres0 SW Banther Road Sw, McDonald, TN 37353
MLS# 1541063Listed by: UNITED REAL ESTATE EXPERTS
$499,000Active3 beds 2 baths1,741 sq. ft.6514 White Oak Valley Circle, McDonald, TN 37353
MLS# 1540407Listed by: ZACH TAYLOR - CHATTANOOGA