1912 Cleveland, TN $ 1,100,000
1912
$ 1,100,000
Recently Listed New Construction
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1912

Cleveland, TN, 37323
$ 1,100,000
Bedrooms12 Baths12.0 Sq 6,080
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Property for Rent in Cleveland, TN

for $1,100,000 with 12 bedrooms and 12 full baths. This 6,080 square foot property was built on a lot size of 0.57.

Don't miss out on this rare opportunity to acquire four townhomes across two buildings in Cleveland, Tennessee, only one year old and fully occupied. This turnkey portfolio currently generates approximately $7,000 in gross monthly rental income--$84,000 annually--providing immediate cash flow from day one. The property is located within an HOA with low monthly dues that cover exterior maintenance, offering investors the advantage of simplified, low-maintenance ownership. With newer construction, established tenants, and HOA-maintained exteriors, this portfolio is positioned to minimize many of the maintenance concerns associated with older multifamily investments. Conveniently located near shopping, banking, everyday amenities, and highway access, the townhomes offer an excellent location for tenants with quick access throughout Cleveland and the surrounding area. With 100% occupancy, strong existing rental income, newer construction, and eight income-producing units available in a single acquisition, this is a unique opportunity to immediately add scale to an investment portfolio without the renovation and lease-up typically associated with multifamily acquisitions. Investment Highlights: 4 townhomes • 1 building • Cleveland, TN • Only 1 year old • 100% occupied • Approximately $7,000/month gross rental income • Approximately $84,000/year gross rental income • Low HOA dues • Exterior maintenance covered by HOA • Convenient to shopping, banking, amenities, and highway access. Listing pictures are examples of buildings throughout neighborhood townhomes and may not reflect exact photos from these units, but build quality and floorplan is the same.

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Rental Active

Price

$ 1,100,000

Bedrooms

12

Full Bath

12

Taxes

$ 8,624

Style

Multi Family

Lot Size

0.57

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

1542145

Features
Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen Granite Counters High Ceilings Kitchen Island Open Floorplan Recessed Lighting
Basement Unfinished
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features Laundry Closet
Total Bedrooms 12
Total Baths 12
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General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Shingle
Appliances Refrigerator Oven Microwave Dishwasher
HOA Fee 600.0
Garage Spaces 0.0
Association Fee Includes Maintenance Grounds Trash
Construction Materials Concrete HardiPlank Type None
Pets Allowed Yes
Year Built 2025
Tenant Pays Electricity Sewer Water
Levels Two
Property Subtype Multi Family
Community Features None
Assoc Fee Paid Per Annually
County Bradley
New Construction Y
Property Type Residential Income
Association Amenities Maintenance Grounds Parking Trash
HOA Y
Attached Garage Y
Subdivision Name Arbor Hills Townhomes
Garage Y/N Y
Status Active
High School Cleveland High
City Cleveland
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 24807.42
Carport Y/N N
Listing Terms Cash
Elementary School Blythe Bower Elementary
Land Lease Y/N N
Tax Annual Amount 8624.0
Home Warranty Y/N N
Current Financing Other
Middle/Junior High School Cleveland Middle
Property Condition Updated/Remodeled
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Multi Family
Standard Status Active
Legal Description Lot 24 Part of Arbor Hills Subdivision
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Exterior
Parking Features Driveway Garage
Lot Features Paved
Water Source Public
Lot Size Area 0.57
Foundation Details Slab
Spa N
Building Area Total 6080.0
Lot Size Acres 0.57
Road Surface Type Asphalt
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 19121914
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* Excluded Features
List By
Keller Williams Realty

Broker

gina@titangroupchatt.com

Email

Nearby
5454010 Elementary School
1547243 Middle School
Cleveland High High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$1,100,000 Listed Price

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1912, Cleveland, TN, 37323 is a Property for Rent at $1,100,000 with 6,080 sqft and a lot size of 0.57. 1912 has 12 bedrooms and 12.0 baths. The property's zip code is 37323 which is in Cleveland, TN