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629-299-2386
SimpliHŌM
2861 Michigan Ave Rd Ne, Cleveland, TN 37323
- $799,900
- 4,948
- SqFt
- List Price
- $799,900
- Status
- ACTIVE
- Days on Market
- 73
- Price Change
- ▼ $100,000 1790038897
- MLS#
- 3510679
- Subtype
- Residential Income
- Year Built
- 1997
- Living Area
- 4,948
- Subdivision
- No
Property Description
Excellent investment opportunity to own a fully tenant-occupied 5-unit townhouse property in a desirable, high-demand location. Each spacious unit features 2 bedrooms and 1.5 bathrooms with a functional townhouse-style layout that offers comfortable living and strong tenant appeal. With all five units currently occupied, this turnkey property provides immediate rental income and has a strong rental history. Conveniently located near shopping, restaurants, schools, and other everyday amenities, the property is well positioned for continued rental demand and long-term investment potential. Partial owner financing is available, offering qualified buyers additional flexibility when structuring the purchase. Don't miss this opportunity to add a stable, income-producing multifamily property with an established tenant base to your investment portfolio. Financial information is available upon request.
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Additional Information
- Taxes
- $1,393
- Zoning
- Residentia
- Flooring
- Laminate
- Heating
- Central
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Parking Features
- Paved
- School District
- Cleveland High
- Elementary School
- Mayfield Elementary
- Middle School
- Cleveland Middle
- High School
- Cleveland High
Courtesy of RE/MAX Experience. 4237906592
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.