16001610 Chippewa Avenue, SE

Active

Cleveland, TN 37311

Bedrooms
0
Bathrooms
2,934.00
Sq Ft
Acres
Updated 11 minutes ago MLS #: 2795476 Listed 2 months ago

$245,000.00

Est. Monthly: $1,182.48
$84
Per Sq Ft

About This Property

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.

Location

Directions Take APD 40 and turn onto Spring Place Road SE to 18 th St SE. Turn right onto Chippewa Ave SE units are on the right

Interior Features

Heating Electric
Cooling Wall/Window Unit(s)
Flooring Laminate

Exterior & Property

Stories 1
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Blythe-Bower Elementary
6-8
Middle School
Cleveland Middle
9-12
High School
Cleveland High

Property Details

Property Type Residential Income
Year Built 1990
Annual Taxes $431.00
Listing Office Keller Williams Cleveland
Listing Agent William Eilf
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-04-10T16:38:10+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Cleveland

Cleveland Market

City-wide statistics

Explore Cleveland
146
Active Listings
$495,445.03
Avg Price
2,146
Avg Sq Ft
3.3
Avg Bedrooms

No Neighborhood Data

This property doesn't have specific neighborhood information available.

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 2795476

Currently active listing

1 year ago • Feb 25, 2025

65 days on market

$245,000.00

Explore the Area

Explore Cleveland

Discover all homes, neighborhoods, schools, and market trends in Cleveland, TN.

146 active listings • Avg $495,445.03

No Neighborhood Data

This property doesn't have specific neighborhood information available.