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16001610 Chippewa Avenue SE Cleveland, TN $ 245,000
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$ 245,000 Get more info
16001610 Chippewa Avenue SE
$ 245,000
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Share Save

16001610 Chippewa Avenue SE

Cleveland, TN, 37311
$ 245,000
Baths0.0 Sq 2,934

Monthly Estimate*

$ 1,528

16001610 Chippewa Avenue SE, Cleveland, TN 37311 - Image 1
16001610 Chippewa Avenue SE, Cleveland, TN 37311 - Image 2
16001610 Chippewa Avenue SE, Cleveland, TN 37311 - Image 3
16001610 Chippewa Avenue SE, Cleveland, TN 37311 - Image 4
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16001610 Chippewa Avenue SE, Cleveland, TN 37311 - Image 6
16001610 Chippewa Avenue SE, Cleveland, TN 37311 - Image 7
16001610 Chippewa Avenue SE, Cleveland, TN 37311 - Image 8
Studio

Multi-Family Home for sale in Cleveland, TN

for $245,000. This 2,934 square foot home was built in 1990.

Turnkey Investment Portfolio - Fully Leased Multi-Building Property | Downtown Cleveland, TN Rental income opportunity in the heart of Downtown Cleveland, Tennessee. This fully leased multi-building property sits on a corner lot with access to city utilities and recent upgrades throughout. Recent renovations include: • Newer roofs • Updated plumbing • Fresh interior and exterior paint. Currently generating $3,000/month in rental income, this property offers immediate cash flow and long-term upside in a rapidly growing market. Property Highlights: • Fully leased with $3,000/month rental income • City utilities (water, sewer, electric) • Convenient downtown location near shopping, dining, Greenway and public services • Ideal for investors seeking stabilized income with value-add potential. Don't miss this turnkey investment in one of Tennessee's fastest-growing regions.

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Multi-Family Active

Price

$ 245,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 431

Style

Year Built

1990

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

2795476
Features
General
Living Area 2934
Sewer Public Sewer
Heating Electric
Cooling Wall/Window Unit(s)
Utilities Electricity Available Water Available
Roof Shingle
Year Built 1990
Stories Count 1
Levels Three Or More
County Bradley County TN
New Construction N
Property Type Residential Income
Attached Garage N
Rent Includes Water Electricity Other
Status Active
Buyer Financing Conventional Other
Directions Take APD 40 and turn onto Spring Place Road SE to 18 th St SE. Turn right onto Chippewa Ave SE units are on the right
High School Cleveland High
City Cleveland
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School Blythe-Bower Elementary
Year Built Details Existing
Tax Annual Amount 431
Middle/Junior High School Cleveland Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Flooring Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Paved
Water Source Public
Total Parking 0
Building Area Total 2934
Lot Dimensions 104' x 160'
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 16001610
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* Excluded Features
List By
Keller Williams Cleveland

Broker

experiencetennessee@gmail.com

Email

Affordability Calculator

$1,564
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,528
Monthly Property Taxes
$36
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4331549 Elementary School
4313908 Middle School
Cleveland High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/25/2025$245,000 Listed Price

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16001610 Chippewa Avenue SE, Cleveland, TN, 37311 is a Multi-Family Home for sale at $245,000 with 2,934 sqft. 16001610 Chippewa Avenue SE is a studio with 0.0 baths and was built in 1990. The property's zip code is 37311 which is in Cleveland, TN

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