2861 Michigan Ave Road Ne, Cleveland, TN 37323
Local realty services provided by:CENTURY 21 Premier
2861 Michigan Ave Road Ne,Cleveland, TN 37323
$999,900
- - Beds
- - Baths
- 4,948 sq. ft.
- Multi-family
- Active
Listed by: sommer oder-bailey
Office: re/max experience
MLS#:3214706
Source:NASHVILLE
Price summary
- Price:$999,900
- Price per sq. ft.:$202.08
About this home
Turnkey 5-Unit Townhouse Investment - Great Location + Partial Owner Financing Available
Excellent opportunity to own a fully tenant-occupied 5-unit apartment building in a highly desirable, high-demand area. Each unit is a well-maintained 2-bedroom, 1.5-bathroom townhouse, offering spacious layouts ideal for attracting and retaining quality tenants.
This income-producing property is fully rented, providing immediate cash flow and low vacancy risk. Located near major amenities, shopping, and schools, it's perfectly positioned for long-term growth and stability.
Partial owner financing available* making this an ideal choice for investors looking to expand their portfolio with flexible terms.
Property Highlights:
- 5 Spacious Townhouse Units
- Each Unit: 2 Bedrooms, 1.5 Bathrooms
- Fully Tenant Occupied
- Strong Rental History
- Prime Location Near Amenities, Shopping, Resturaunts & Schools
- Partial Owner Financing Available
Don't miss this rare chance to acquire a stable, income-generating asset with built-in tenant base and financing flexibility. Financials available upon request....
Contact an agent
Home facts
- Year built:1997
- Listing ID #:3214706
- Added:5 day(s) ago
- Updated:May 23, 2026 at 02:21 PM
Rooms and interior
- Flooring:Laminate
- Living area:4,948 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1997
- Building area:4,948 sq. ft.
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Cleveland High
- Middle school:Cleveland Middle
- Elementary school:Mayfield Elementary
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$999,900
- Price per sq. ft.:$202.08
- Tax amount:$1,327
Parking
- Parking description:Concrete
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