1600/1610 Chippewa Avenue Se, Cleveland, TN 37311
Local realty services provided by:CENTURY 21 BELLORA
1600/1610 Chippewa Avenue Se,Cleveland, TN 37311
$195,000
- 5 Beds
- 4 Baths
- 2,934 sq. ft.
- Multi-family
- Active
Listed by: william eilf
Office: k w cleveland
MLS#:1508088
Source:TN_CAR
Price summary
- Price:$195,000
- Price per sq. ft.:$66.46
About this home
4 Unit multi-building portfolio -- Downtown Cleveland, TN. Corner lot • Recent renovations throughout. • $2,130/month total in place for 3 units (4th unit being rehabbed, to be rented for $1,100/month). This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental income from day one. No lease-up risk, just stabilized cash flow in a market that continues to grow. The property sits on a corner lot with full city utilities -- water, sewer, and electric. Downtown Cleveland's trajectory, combined with the property's walk-to-everything location near shopping, dining, the Greenway, and public services, gives a future owner real room to grow rents as the market matures. Whether you're building a portfolio or adding a low-maintenance income property to an existing one, this checks the boxes.
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Home facts
- Year built:1990
- Subdivision & Development:None
- Listing ID #:1508088
- Added:604 day(s) ago
- Updated:October 24, 2026 at 02:37 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Laminate
- Dining Description:Eat-in Kitchen
- Kitchen Description:Eat-in Kitchen
- Living area:2,934 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Electric, Heating
Structure and exterior
- Roof:Shingle
- Year built:1990
- Building area:2,934 sq. ft.
- Lot area:0.38 Acres
- Architectural Style:Ranch
- Levels:One
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$195,000
- Price per sq. ft.:$66.46
- Tax amount:$431
Parking
- Parking description:Paved
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