1375 Village Oak Circle NW, Cleveland, TN 37312
- Added:
- Jun 25, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 27 at 3:06 pm
Property Features for 1375 Village Oak Circle NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 2
- Parking features
- Driveway
- Patio and Porch features
- Patio, Deck, Porch
- Interior features
- Eat-in Kitchen, Ceiling Fan(s)
- Exterior features
- Rain Gutters
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Standard status
- Active
- APN
- 033m E 021.00
- Size
- 2,232 SF
Taxes and HOA fees
- Tax Annual Amount
- 2011
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Number of units
- 4
- Flooring type
- Vinyl
- Building materials
- Brick Veneer, Wood Siding
- Roof type
- Shingle
Listing agent Dennis Opp License #320959 (423) 240-0231
Listing office EXIT Provision Realty PO Box 4345, Cleveland, TN (423) 472-9200
Listing date Jun 25, 2026
Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Fully occupied quadruplex with strong rental history and low‑maintenance design
- Built in 1980 with partial‑to‑mostly brick veneer construction and wood siding
- Central air conditioning and electric heating
- Eat‑in kitchen and in‑home appliances include dishwasher, electric range, and refrigerator
- Public water and public sewer service
- Exterior includes rain gutters, plus patio, deck, and porch; driveway parking
Overview
Located at 1375 Village Oak Circle NW in Cleveland, Tennessee, the home is described as being just off Paul Huff Parkway and Georgetown Road. This placement can simplify access for tenants and supports convenient day-to-day commuting.
For investors or buyers seeking an income-focused multifamily asset, the current fully occupied status and low-maintenance building approach are key considerations. The efficient quadruplex layout is intended to maximize use of the existing footprint, while the recent updates may help smooth operational planning. Schedule a private tour to review the unit configuration and confirm details firsthand.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.9k | $12.96 |
| − Vacancy | −$1.7k | −$0.75 |
| EGI | $27.3k | $12.21 |
| − OpEx | −$8.2k | −$3.66 |
| NOI | $19.1k | $8.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.873728
- Latitude
- 35.206729
