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1600/1610 Chippewa Avenue SE

Cleveland, TN 37311
  • $245,000
  • STATUS: Active
  • ON SITE: 327 Days
  • MLS #: 20250802
UPDATED: 17 min ago
$245,000
  • 0
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,934
    SQFT
  • $84
    $/SQFT
Type:
Multi-Family
Built:
1990
County:

School Information

Elementary School:
Middle School:
High School:

Description

Turnkey Investment Portfolio - Fully Leased Multi-Building Property | Downtown Cleveland, TN Rental income opportunity in the heart of Downtown Cleveland, Tennessee. This fully leased multi-building property sits on a corner lot with access to city utilities and recent upgrades throughout. Recent renovations include: • Newer roofs • Updated plumbing • Fresh interior and exterior paint. Currently generating $3,000/month in rental income, this property offers immediate cash flow and long-term upside in a rapidly growing market. Property Highlights: • Fully leased with $3,000/month rental income • City utilities (water, sewer, electric) • Convenient downtown location near shopping, dining, Greenway and public services • Ideal for investors seeking stabilized income with value-add potential. Don't miss this turnkey investment in one of Tennessee's fastest-growing regions.

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© 2026 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. Data last updated: 2026-01-18T10:47:22.483.
www.truemountainliving.com/homes/160822138
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1600/1610 Chippewa Avenue SE Cleveland, TN 37311

  • Price: $245,000
  • Status: Active
  • On Site: 327 Days
  • Updated: 17 min ago
  • MLS #: 20250802
0
Beds
4
Baths
0
½ Baths
N/A
Acres
2,934
SQFT
$84
$/SQFT
1990
Built
County:
Bradley
Elementary School:
Blythe-Bower
Middle School:
Cleveland
High School:
Cleveland
Property Description
Turnkey Investment Portfolio - Fully Leased Multi-Building Property | Downtown Cleveland, TN Rental income opportunity in the heart of Downtown Cleveland, Tennessee. This fully leased multi-building property sits on a corner lot with access to city utilities and recent upgrades throughout. Recent renovations include: • Newer roofs • Updated plumbing • Fresh interior and exterior paint. Currently generating $3,000/month in rental income, this property offers immediate cash flow and long-term upside in a rapidly growing market. Property Highlights: • Fully leased with $3,000/month rental income • City utilities (water, sewer, electric) • Convenient downtown location near shopping, dining, Greenway and public services • Ideal for investors seeking stabilized income with value-add potential. Don't miss this turnkey investment in one of Tennessee's fastest-growing regions.
Exterior Features

Architectural Style Ranch Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Other Exterior Features None Fencing [] Foundation Details See Remarks Garage YN No Levels One Lot Features Level Lot Size Dimensions 104' x 160' Parking Features Paved Patio And Porch Features Front Porch Road Frontage Type City Street Roof Shingle View [] Waterfront Features [] Waterfront YN No

Interior Features

Appliances Electric Water Heater Basement None Below Grade Finished Area 0 Cooling Window Unit(s) Cooling YN Yes Fireplace Features [] Flooring Laminate Heating Electric Heating YN Yes Interior Features See RemarksEat-in Kitchen Window Features []

Property Features

Accessible YN No Association YN No Community Features None Current Use [] For Sale Or Rent Sale Listing Terms CashConventional New Construction YN No Other Equipment [] Pool Features [] Property Condition FixerFunctional Property Sub Type Quadruplex Road Responsibility Public Maintained Road Road Surface Type AsphaltPaved Security Features [] Sewer Public Sewer Spa Features [] Special Listing Conditions Standard Structure Type [] Subdivision YN No Tax Annual Amount 431.06 Tenant Pays [] Utilities Water ConnectedSewer ConnectedElectricity Connected Water Source Public Within City Limits YN Yes

Listing provided courtesy of William Eilf of KW Cleveland: 423-303-1200.


© 2026 River Counties Multiple Listing Service. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Town & Country. Data last updated: 2026-01-18T10:47:22.483.
 
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