101 Blythe Ferry Rd NE
Cleveland, TN, 37312 $ 2,250,000
Bedrooms8 Baths8.0 Sq 3,762 Monthly Estimate*
$ 15,540
for $2,250,000 with 8 bedrooms and 8 full baths. This 3,762 square foot home was built in 1970.
15-Unit Multi-Family Investment Portfolio — Cleveland, TN. 101 & 103 Blythe Ferry Rd NE | 3805 & 3809 Charleston Drive NE, Cleveland, TN. Rare Turnkey Multi-Family Opportunity — 15 Units Across Two Adjacent Lots. A standout investment opportunity for the serious multi-family buyer: four established residential buildings totaling 15 units, situated on two adjoining parcels in Cleveland, TN, with additional room on the lot to build if the buyer wishes to expand the portfolio further. Why This Portfolio Stands Out • Scale in one transaction — four buildings, 15 units, acquired together for immediate portfolio growth • Adjacent lots — Blythe Ferry Rd and Charleston Drive properties sit side by side, simplifying management, maintenance, and oversight • Uniform unit mix — every unit offers 2 bedrooms and 1.5 baths, streamlining marketing, leasing, and maintenance • Room to grow — 3815 Charleston Drive NE additional buildable space on the lot offers future upside for an investor looking to add units or amenities • Professionally managed — currently under management by Gilbert Property Management, offering a smooth transition for a new owner Prime Location Ideally situated at the convergence of Blythe Ferry Road, Ocoee Street, and Charleston Drive in Cleveland, TN, this portfolio offers residents and investors alike a highly convenient location. The area provides easy access to shopping, dining, and medical offices, along with quick connectivity to Interstate 75 — a major draw for tenants and a strong indicator of long-term rental demand. Investment Highlights Whether you're expanding an existing rental portfolio or entering multi-family investment at scale, this package offers immediate cash-flowing units, a desirable and consistent floor plan across all properties, and expansion potential rarely available in a single listing. Contact us today for more information and to schedule a tour of this exceptional multi-family investment opportunity.
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FeaturesGeneralLiving Area 3762
Sewer Public Sewer
Heating Other
Cooling Electric
Utilities Electricity Available Water Available
Possession Negotiable
Zoning Commercial
Garage Spaces 0
Construction Materials Brick Wood Siding
Year Built 1970
Tenant Pays Electricity Gas Trash Collection Water
Stories Count 2
Levels Two
Gross Income 186120
County Bradley County TN
Net Operating Income 121441
Operating Expense 64679
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name None
Garage Y/N N
Rent Includes None
Status Active
Directions From I-75 North Take exit 25 onto 25th St NW. Turn left onto N Ocoee St. Turn right onto Blythe Ferry Rd NE.
High School Cleveland High
City Cleveland
Senior Community Y/N N
Number Of Units Total 15
Lot Size Units Acres
Carport Spaces 0
Carport Y/N N
Elementary School E.L. Ross and D.P. Yates Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 5194
Middle/Junior High School Cleveland Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4190
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InteriorFlooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 3762
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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ExteriorParking Features Paved
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 3762
Waterfront Y/N N
Covered Spaces 0
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* Excluded FeaturesList ByKeller Williams ClevelandBroker
experiencetennessee@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,540
- Monthly Property Taxes
- $433
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Cleveland, TN
Average List Price $652,032
Percent of Sale Price 71%
About Cleveland, TN 45,839 Population
21% Since 2002
$ 40,715 Median Income
36.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
5541261 Elementary School
4313908 Middle School
Cleveland High High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/25/2026 | $2,250,000 | | Listed Price |