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555 Wildwood Avenue SE

Cleveland, TN 37311
  • $460,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 20262092
$460,000
  • 0
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,200
    SQFT
  • $209
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1983
County:

School Information

Elementary School:
Middle School:
High School:

Description

It's almost impossible to find a 8.7 Cap rate investment property these days. This 4-unit, two bedroom, one bath quadraplex was completely stripped to the studs and renovated inside and out in 2024. Each unit is around 600 sq ft with a living room, modern kitchen, updated bathroom and two bedrooms. Income is $3,985 per month. While these are not new construction, you would be hard pressed to know it from their appearance and quality of construction. You really must see them to understand how well they have been updated and maintained.

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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: 2026-05-10T23:47:19.41.
www.truemountainliving.com/homes/175636109
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555 Wildwood Avenue SE Cleveland, TN 37311

  • Price: $460,000
  • Status: Active
  • On Site: 19 Days
  • MLS #: 20262092
0
Beds
4
Baths
0
½ Baths
N/A
Acres
2,200
SQFT
$209
$/SQFT
1983
Built
Neighborhood:
Cleveland Land & Imp
County:
Bradley
Elementary School:
Arnold
Middle School:
Cleveland
High School:
Cleveland
Property Description
It's almost impossible to find a 8.7 Cap rate investment property these days. This 4-unit, two bedroom, one bath quadraplex was completely stripped to the studs and renovated inside and out in 2024. Each unit is around 600 sq ft with a living room, modern kitchen, updated bathroom and two bedrooms. Income is $3,985 per month. While these are not new construction, you would be hard pressed to know it from their appearance and quality of construction. You really must see them to understand how well they have been updated and maintained.
Exterior Features

Architectural Style Ranch Attached Garage YN No Carport YN No Construction Materials BlockVinyl Siding Exterior Features [] Fencing [] Foundation Details Block Garage YN No Levels One Lot Features LevelCleared Lot Size Dimensions 73'x220'x74'x235' Parking Features UnpavedDrivewayGravel Patio And Porch Features None Road Frontage Type City Street Roof Shingle View [] Waterfront Features [] Waterfront YN No

Interior Features

Appliances DishwasherElectric RangeMicrowaveRefrigerator Basement Crawl Space Below Grade Finished Area 0 Cooling [] Fireplace Features [] Flooring Luxury Vinyl Heating Electric Heating YN Yes Interior Features Open FloorplanKitchen IslandGranite CountersCeiling Fan(s) Window Features Vinyl FramesDouble Pane WindowsInsulated Windows

Property Features

Accessible YN No Association YN No Community Features None Current Use [] Deed Restrictions True For Sale Or Rent Sale Horse YN No Listing Terms CashConventionalFHAVA Loan New Construction YN No Other Equipment None Pool Features None Property Condition Updated/Remodeled Property Sub Type Quadruplex Road Responsibility Public Maintained Road Road Surface Type AsphaltPaved Security Features Smoke Detector(s) Sewer Public Sewer Spa Features [] Special Listing Conditions Standard Structure Type Multi Family Subdivision Restrictions True Subdivision YN Yes Tax Annual Amount 2056.02 Tenant Pays WaterHot WaterElectricitySewer Utilities Water ConnectedSewer ConnectedPhone AvailableNatural Gas Not AvailableAlternative Power Not AvailableCable AvailableElectricity Connected Water Source Public Within City Limits YN Yes

Listing provided courtesy of Adam Hammond of Bender Realty: 423-472-2173.


© 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: 2026-05-10T23:47:19.41.
 
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