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    Cleveland, TN Apartment Buildings for Sale

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    Mc Donald, TN Charleston, TN Oldfort, TN
    92-Unit Apartment Community in Cleveland
    $7,999,900
    61,954 SF
    92-Unit Apartment Community in Cleveland

    3700/04/22 Stephens Road NE, Cleveland, TN 37312

    Well-maintained apartment complex with recent improvements in a prime location.
    • Prime Cleveland location, just 5 minutes from everything Cleveland has to offer.
    • 92‑unit apartment community with a desirable unit mix.
    • Extensive recent capital improvements including new roofs, windows, paving, and updated siding.
    • Interior upgrades including Allure Traffic Master flooring in approximately 90% of units and new HVAC systems in an estimated 80% of the units.
    • Strong investment opportunity due to established community and attractive unit options.
    Updated: Mar 11
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    Turnkey 5-Unit Townhouse Investment
    $999,900
    4,948 SF
    Turnkey 5-Unit Townhouse Investment

    2861 Michigan Ave Road NE, Cleveland, TN 37323

    Tenant-occupied 5-unit apartment building in a high-demand area.
    • Fully tenant‑occupied 5‑unit townhouse, providing immediate cash flow and low vacancy risk.
    • Partial owner financing available, offering flexible terms for investors.
    • Prime location near major amenities, shopping, restaurants, and schools.
    • Each unit is a spacious 2‑bedroom, 1.5‑bathroom townhouse, ideal for attracting and retaining quality tenants.
    • Strong rental history indicates a stable investment property.
    Updated: Apr 7
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    92-Unit Apartment Community in Cleveland
    $8,499,900
    92-Unit Apartment Community in Cleveland

    Well-maintained apartment community with recent improvements in a prime location.

    3700 Stephens Road NE, Cleveland, TN 37312

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    Multifamily Investment in Cleveland, Tennessee
    Contact for pricing
    25,950 SF
    Multifamily Investment in Cleveland, Tennessee

    Well-maintained 31-unit multifamily property with renovation upside.

    3716 Cliffside Drive Northeast, Cleveland, TN 37312

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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 4 Active listings in Cleveland, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property in Etowah, TN
    $275,000
    4,800 SF
    Mixed-Use Property in Etowah, TN

    Mixed-use property with income-producing apartments and commercial space.

    830 Tennessee Avenue, Etowah, TN 37331

    View details
    Mixed-Use Property with Income Potential
    $295,000
    4,800 SF
    Mixed-Use Property with Income Potential

    Mixed-use property featuring apartments and retail spaces.

    830 Tennessee Avenue, Etowah, TN 37331

    View details
    Stabilized Multifamily Portfolio For Sale
    Contact for pricing
    219,926 SF
    Stabilized Multifamily Portfolio For Sale

    Portfolio of 249 HAP units across three Tennessee markets.

    1720 Garden Dr, Athens, TN 37303

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    Downtown Athens Income Property
    $650,000
    0.08 Acres
    Downtown Athens Income Property

    Mixed-use property with high income potential in downtown Athens.

    205/207 E Washington Ave, Athens, TN 37303

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

    View details
    Ocean Springs Highway 90 Land
    $675,000
    143,748 SF
    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564

    View details

    Off-Market Properties in Cleveland, TN

    Consider similar Off-Market properties in Cleveland, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1504 14th SE St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,944 SF Lot: 0.53 Acres
    Value Estimation by Request

    1504 14th SE St, Cleveland, TN 37311-3198

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    1510 14th SE St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,920 SF Lot: 0.38 Acres
    Value Estimation by Request

    1510 14th SE St, Cleveland, TN 37311-3199

    View details
    140 Edwards NE St
    APARTMENT HOUSE (UNDER 5 UNITS)
    89,414 SF Lot: 0.98 Acres
    Value Estimation by Request

    140 Edwards NE St, Cleveland, TN 37311-5313

    View details
    1401 Wildwood Lk SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,675 SF Lot: 4.00 Acres
    Value Estimation by Request

    1401 Wildwood Lk SE Rd, Cleveland, TN 37311-6999

    View details
    655 5th NW St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,720 SF Lot: 0.96 Acres
    Value Estimation by Request

    655 5th NW St, Cleveland, TN 37311-4990

    View details
    1583 Perry SE St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,000 SF Lot: 0.38 Acres
    Value Estimation by Request

    1583 Perry SE St, Cleveland, TN 37311-3280

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    2049 Wynwood NW Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,760 SF Lot: 0.37 Acres
    Estimated value
    $910,000

    2049 Wynwood NW Dr, Cleveland, TN 37311-1100

    View details
    2196 Dalton SE Pike
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,424 SF Lot: 1.49 Acres
    Value Estimation by Request

    2196 Dalton SE Pike, Cleveland, TN 37311-7750

    View details
    1102 Victory SW St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,850 SF Lot: 0.30 Acres
    Value Estimation by Request

    1102 Victory SW St, Cleveland, TN 37311-6781

    View details
    3024 Blue Spgs SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,416 SF Lot: 0.52 Acres
    Value Estimation by Request

    3024 Blue Spgs SE Rd, Cleveland, TN 37311-0814

    View details
    210 Westside NW Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,046 SF Lot: 2.70 Acres
    Value Estimation by Request

    210 Westside NW Dr, Cleveland, TN 37311-3496

    View details
    795 6th NE St
    APARTMENT HOUSE (UNDER 5 UNITS)
    9,880 SF Lot: 9.00 Acres
    Estimated value
    $780,000

    795 6th NE St, Cleveland, TN 37311-2388

    View details
    2295 Georgetown Rd
    Multifamily properties
    4,368 SF
    Value Estimation by Request

    2295 Georgetown Rd, Cleveland, TN 37311

    View details
    615-855 Brown Ave
    Multifamily properties
    46,822 SF
    Value Estimation by Request

    615-855 Brown Ave, Cleveland, TN 37311

    View details
    855 Brown Ave
    Multifamily properties
    5,856 SF Lot: 0.27 Acres
    Value Estimation by Request

    855 Brown Ave, Cleveland, TN 37311

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    101 Blythe Ferry Rd
    Multifamily properties
    6,514 SF Lot: 0.93 Acres
    Value Estimation by Request

    101 Blythe Ferry Rd, Cleveland, TN 37312

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    615 Brown Ave
    Multifamily properties
    47,336 SF
    Value Estimation by Request

    615 Brown Ave, Cleveland, TN 37311

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    714 Hiwassee NE Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,368 SF Lot: 0.32 Acres
    Value Estimation by Request

    714 Hiwassee NE Ave, Cleveland, TN 37312-4984

    View details
    163 Centenary NW Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,514 SF Lot: 0.52 Acres
    Value Estimation by Request

    163 Centenary NW Ave, Cleveland, TN 37311-4471

    View details
    140 14th NW St
    APARTMENT HOUSE (UNDER 5 UNITS)
    31,792 SF Lot: 0.35 Acres
    Value Estimation by Request

    140 14th NW St, Cleveland, TN 37311-4401

    View details

    Cleveland, TN Apartment Buildings Investment Opportunities Market Analysis

    Explore 24 apartment buildings for sale in Cleveland, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 66,902 square feet of properties for sale, with an estimated market value of $8,999,800.

    Sale prices for two-family homes in Cleveland, TN start at $999,900, averaging $4,499,900, and reaching up to $7,999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 99K
    Population Growth (5Y) +5.8%
    Median Household Income $63,951
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Cleveland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37323 $999.9K
    37312 $8.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $31.91 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bradley County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Cleveland, TN

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