541 20th Street NW Cleveland, TN $ 699,900
541 20th Street NW
$ 699,900
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541 20th Street NW

Cleveland, TN, 37311
$ 699,900
Bedrooms8 Baths8.0 Sq 3,852

Monthly Estimate*

$ 4,834

541 20th Street NW, Cleveland, TN 37311 - Image 1
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541 20th Street NW, Cleveland, TN 37311 - Image 13
541 20th Street NW, Cleveland, TN 37311 - Image 14

Multi-Family Home for sale in Cleveland, TN

for $699,900 with 8 bedrooms and 8 full baths. This 3,852 square foot home was built on a lot size of 0.26.

INVESTMENT OPPORTUNITY! WELL-MAINTAINED FOUR-PLEX NEAR LEE UNIVERSITY! Looking for an opportunity to expand your rental portfolio? This well-maintained four-plex offers an excellent opportunity for investors seeking income-producing property in a convenient location! The property features four individual units, including two end units with 2 bedrooms and 2 baths each, and two middle units with 2 bedrooms and 1 bath each. All four units offer individual washer and dryer hookups, providing added convenience and appeal for tenants. Conveniently located just off Keith Street and within walking distance of Lee University, this property offers easy access to shopping, dining, schools, and other local amenities. Whether you're an experienced investor looking to grow your portfolio or entering the rental market, this four-plex offers versatility, convenience, and income-producing potential. Four units, one investment, and an opportunity to build for the future!

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Multi-Family Active

Price

$ 699,900

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 3,866

Style

Quadruplex

Lot Size

0.26

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

1545270

Features
Interior
Interior Amenities High Speed Internet Split Bedrooms Tub/shower Combo Walk-In Closet(s)
Basement None
Flooring Carpet Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3852.0
Laundry Features In Kitchen
Total Bedrooms 8
Total Baths 8
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General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Appliances Refrigerator Free-Standing Electric Range Electric Range Dishwasher
Patio/Porch Features Patio
Construction Materials None
Year Built 1989
Tenant Pays All Utilities Cable TV Electricity Water
Stories Count 2
Levels Bi-Level
Property Subtype Quadruplex
County Bradley
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Cannon Townhouse Pha
Garage Y/N N
Status Active
Directions N on Keith St right on 20th St unit on right
High School Cleveland High
City Cleveland
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Lot Size Square Feet 11325.6
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Arnold Elementary
Land Lease Y/N N
Tax Annual Amount 3866.66
Home Warranty Y/N N
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 Quadruplex
Standard Status Active
Occupancy Type Tenant
Legal Description Deed Acres 0.26
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Exterior
Parking Features Assigned
Lot Features City Lot Cleared Level Paved
Water Source Public
Lot Size Area 0.26
Spa N
Building Area Total 3852.0
Lot Dimensions 124x102
Lot Size Acres 0.26
Waterfront Y/N N
Road Frontage Type City Street
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 1 541
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* Excluded Features
List By
Compass Group Realty,Llc

Broker

homeseller01@aol.com

Email

Affordability Calculator

$5,156
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,834
Monthly Property Taxes
$322
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.
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Nearby
1547713 Elementary School
1547243 Middle School
Cleveland High High School
Pricing History
DatePricePrice ChangeDescription
10/28/2026$699,900 Listed Price

Map


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541 20th Street NW, Cleveland, TN, 37311 is a Multi-Family Home for sale at $699,900 with 3,852 sqft and a lot size of 0.26. 541 20th Street NW has 8 bedrooms and 8.0 baths. The property's zip code is 37311 which is in Cleveland, TN