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470/480 Central Avenue NW, Cleveland, TN 37311

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For Sale

$949,900

4,776 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $198.89
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Exceptional Investment & Rental Opportunity - Versatile Property with Income Potential! Discover the perfect blend of residential and commercial real estate in this unique property offering two fully renovated rental homes, a flexible-use rental unit, and a spacious office building with a commercial-grade garage and warehouse - ideal for entrepreneurs, investors, and business owners alike! -Residential Units: Home 1: A beautifully remodeled 3-bedroom, 2-bathroom home offering modern finishes and move-in-ready comfort. Home 2: A completely renovated 3-bedroom, 1-bathroom home that blends charm and functionality for reliable rental income. -Commercial Space & Office Building: A large office building featuring: Conference room Kitchenette Bathroom Sitting/reception area Connected to a spacious warehouse with a commercial-size garage - perfect for storage, inventory, equipment, or expanding your business operations. -Front Rental Unit: Street-facing storefront with: Large open floor plan Bathroom Versatile layout - ideal for retail, salon, studio, or office use Endless Potential Whether you're looking to generate multiple streams of rental income, start or expand a business, or simply invest in a property with limitless potential, this is the opportunity you've been waiting for. Be sure to view the photos to explore layouts and see how this amazing property can be customized to fit your vision!
MLS# 20253895

Courtesy Of RE/MAX Real Estate Professional's

(423) 476-7300

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan, Cable Ready
  • Appliances
    Microwave, Refrigerator
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Concrete, Tile, Carpet, Vinyl
  • Lot Size
    0.31 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 470/480 Central Avenue NW, Cleveland, TN 37311

Home seller CENTURY 21 1st Choice Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 1st Choice Realtors

(423) 478-2332
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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.