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2861 Michigan Avenue Road NE

Cleveland, TN 37323
  • $999,900
  • STATUS: Active
  • ON SITE: 12 Days
  • MLS #: 20260523
UPDATED: 25 min ago
$999,900
  • 0
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 4,948
    SQFT
  • $202
    $/SQFT
Type:
Multi-Family
Built:
1997
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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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: 2026-02-15T20:47:22.24.
www.truemountainliving.com/homes/172653759
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2861 Michigan Avenue Road NE Cleveland, TN 37323

  • Price: $999,900
  • Status: Active
  • On Site: 12 Days
  • Updated: 25 min ago
  • MLS #: 20260523
0
Beds
2
Baths
1
½ Baths
N/A
Acres
4,948
SQFT
$202
$/SQFT
1997
Built
County:
Bradley
Elementary School:
Mayfield
Middle School:
Cleveland
High School:
Cleveland
Property Description
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.
Exterior Features

Architectural Style Other Attached Garage YN No Carport YN No Construction Materials Brick VeneerVinyl Siding Exterior Features None Fencing None Foundation Details Block Garage YN No Levels Two Lot Features Cleared Parking Features Concrete Patio And Porch Features Deck Road Frontage Type City Street Roof Shingle View [] Waterfront Features []

Interior Features

Appliances DishwasherElectric RangeRefrigerator Basement Crawl Space Below Grade Finished Area 0 Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring Laminate Heating Central Heating YN Yes Interior Features Open Floorplan Window Features []

Property Features

Accessible YN No Association YN No Community Features None Current Use [] For Sale Or Rent Sale Listing Terms CashConventionalOwner May Carry New Construction YN No Other Equipment [] Pool Features [] Property Condition Functional Property Sub Type Duplex Road Responsibility [] Road Surface Type [] Security Features [] Sewer Public Sewer Spa Features [] Special Listing Conditions Standard Structure Type TownhouseMulti Family Subdivision YN No Tax Annual Amount 1327.08 Tenant Pays All Utilities Utilities Sewer Connected Water Source Public Within City Limits YN Yes

Listing provided courtesy of Sommer Oder of RE/MAX Experience: 423-790-3086.


© 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: 2026-02-15T20:47:22.24.
 
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