463 Central Avenue NW Cleveland, TN $ 294,000
463 Central Avenue NW
$ 294,000
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463 Central Avenue NW

Cleveland, TN, 37311
$ 294,000
Baths1.0 Sq 1,200

Monthly Estimate*

$ 1,856

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Studio

Multi-Family Home for sale in Cleveland, TN

for $294,000 with 1 full bath. This 1,200 square foot home was built in 1977.

PRIME DOWNTOWN COMMERCIAL BUILDING FOR SALE! Discover an exceptional investment opportunity in the heart of downtown! This commercial building is perfectly positioned in a high-traffic area. Located on Central Avenue, this property is ideal for a wide range of businesses. Property Highlights include a strategic location surrounded by thriving businesses, restaurants, and retail shops, this building benefits from consistent traffic and easy accessibility. Versatile Layout - The open floor plan allows for easy customization to suit a variety of business needs. With this flexible space, this property can accommodate office spaces, retail stores, or a mix of both. Recently updated, this building is move-in ready for your business or tenants. There are ample parking options and excellent public transportation links make this location convenient for employees and customers alike. Growth Potential - Situated in a booming area of downtown, this building offers tremendous growth potential for any investor or business owner looking to capitalize on the area's ongoing development. Don't miss your chance to own a piece of prime downtown real estate! Schedule a viewing today and explore how this property can elevate your business or investment portfolio!

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Multi-Family Active

Price

$ 294,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 1,202

Style

Year Built

1977

Town/City

Cleveland

County/Region

Bradley

MLS | Web ID

3250422

Features
General
Living Area 1200
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s) Central Air Electric
Utilities Electricity Available Water Available
Possession Close Of Escrow
Roof Asphalt
Construction Materials Other
Year Built 1977
Stories Count 1
Levels One
County Bradley County TN
New Construction N
Property Type Residential Income
Association Amenities Park Playground Sidewalks
Attached Garage N
Subdivision Name None
Status Active
Buyer Financing Other Conventional FHA VA
Directions North on Keith St. Left on Inman St. Left on First St. Right on Central Ave. NW property is on the right see sign.
High School Cleveland High
City Cleveland
Senior Community Y/N N
Number Of Units Total 1
Lot Size Units Acres
Year Built Details Existing
Tax Annual Amount 1202
Middle/Junior High School Cleveland Middle
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 0
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Interior
Flooring Other
Air Conditioning Y/N Y
Heating Y/N Y
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Other
Above Grade Finished Area Source Other
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached Asphalt Parking Lot Paved
Water Source Public
Total Parking 0
Building Area Total 1200
Lot Dimensions 53 X 107.5
Waterfront Y/N N
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Internal Only
Street Number 1 463
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* Excluded Features
List By
Compass Group Realty Llc

Broker

melody@smithteamtn.com

Email

Affordability Calculator

$1,957
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,856
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4824367 Elementary School
4313908 Middle School
Cleveland High High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$294,000 Listed Price

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463 Central Avenue NW, Cleveland, TN, 37311 is a Multi-Family Home for sale at $294,000 with 1,200 sqft. 463 Central Avenue NW is a studio with 1.0 baths and was built in 1977. The property's zip code is 37311 which is in Cleveland, TN