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51 Gate Tower Way NE Cleveland, TN $ 2,500,000
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$ 2,500,000 Get more info
51 Gate Tower Way NE
$ 2,500,000
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New Construction
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51 Gate Tower Way NE

Cleveland, TN, 37312
$ 2,500,000
Baths0.0 Sq 12,496
51 Gate Tower Way NE, Cleveland, TN 37312 - Image 1
51 Gate Tower Way NE, Cleveland, TN 37312 - Image 2
51 Gate Tower Way NE, Cleveland, TN 37312 - Image 3
51 Gate Tower Way NE, Cleveland, TN 37312 - Image 4
Studio

Property for Rent in Cleveland, TN

for $2,500,000. This 12,496 square foot property was built on a lot size of 3.01.

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 rental income while building on the adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for the lots. 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. 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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Rental Active

Price

$ 2,500,000

Bedrooms

Studio

Taxes

$ 272

Style

Multi Family,Quadruplex

Lot Size

3.01

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

1522203
Features
Interior
Interior Amenities Ceiling Fan(s) Entrance Foyer Granite Counters High Ceilings Kitchen Island Pantry Separate Dining Room Tub/shower Combo Vaulted Ceiling(s) Walk-In Closet(s)
Flooring Luxury Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Double Pane Windows Insulated Windows Low-Emissivity Windows Vinyl Frames
Fireplace Y/N N
Laundry Features Upper Level Washer Hookup
Total Baths 0
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General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available Underground Utilities
Possession Close Of Escrow
Roof Shingle
Appliances Stainless Steel Appliance(s) Refrigerator Microwave Free-Standing Electric Range Dishwasher
Garage Spaces 8.0
Patio/Porch Features Patio
Construction Materials Vinyl Siding
Year Built 2026
Levels Two
Property Subtype Multi Family
Additional Parcels Description 4 LOTS SOLD TOGETHER: Bell Tower Ln NE Lots 49 50 and Gate Tower Way NE Lots 51
County Bradley
New Construction Y
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name Stonebriar
Garage Y/N Y
Status Active
Directions 20th Street to Old Tasso Rd. Turn into Stonebriar Subdivision. Right onto Gate Tower Way. Property begins at the end of the cul de sac.
High School Cleveland High
City Cleveland
Senior Community Y/N N
Number Of Units Total 8
Lot Size Units Acres
Lot Size Square Feet 131115.6
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Mayfield Elementary
Land Lease Y/N N
Tax Annual Amount 272.67
Home Warranty Y/N Y
Middle/Junior High School Cleveland Middle
Property Condition Under Construction
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Multi Family Quadruplex
Standard Status Active
Legal Description ID CHANGE WAS 050DD B 00800
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Exterior
Exterior Amenities Rain Gutters
Fencing None
Parking Features Concrete Driveway Garage Garage Door Opener Garage Faces Front
Lot Features Back Yard Level Private Secluded
Water Source Public
Lot Size Area 3.01
Foundation Details Slab
Spa N
Building Area Total 12496.0
Lot Size Acres 3.01
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 51
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* Excluded Features
List By
Keller Williams Realty

Broker

ISellChattanooga@gmail.com

Email

Nearby
1547700 Elementary School
1547243 Middle School
Cleveland High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/11/2025$2,500,000 Listed Price

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51 Gate Tower Way NE, Cleveland, TN, 37312 is a Property for Rent at $2,500,000 with 12,496 sqft and a lot size of 3.01. 51 Gate Tower Way NE is a studio with 0.0 baths. The property's zip code is 37312 which is in Cleveland, TN

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