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    1505/1507 Rustic Dr NW Cleveland, TN 37312

    Picture of Duplexes at Rustic Dr NW 1505/1507, Cleveland, TN
    For Sale
    $234,900

    MULTI_FAMILY - Cleveland, TN

    Property size:
    1,590 SF
    Days on Market:
    145
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1505/1507 Rustic Dr NW

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    APN
    033d B 012.00
    Parking features
    Driveway
    Interior features
    Laminate Counters
    Appliances
    Electric Range, Refrigerator
    Size
    1,590 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1984
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Carpet
    Building materials
    Brick Veneer
    Roof type
    Shingle

    Crye-Leike, REALTORS (423) 892-1515 [email protected]

    Listing agent Max Phillips (423) 596-7173 License #203547

    Listing date Jul 15, 2025

    Copyright © 2025 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.

    Overview

    Duplex in Cleveland, Tennessee

    This duplex, located in Cleveland, Tennessee, presents an investment opportunity. Each unit features 2 bedrooms, 1 1/2 baths, a kitchen, a living room, and washer/dryer hookups. The property allows for options such as living in one unit and renting the other, or utilizing it as an investment. Tenants are responsible for paying electric, water, and sewer. The property size is 1590 square feet and is located in the NW area of the city.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.865517
    Latitude
    35.222341

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    FAQs

    What type of property is this?
    Duplex - Duplex with two units, ideal for investment or owner-occupancy.
    Where is this duplex located?
    The property is located at 1505/1507 Rustic Dr NW Cleveland, TN.
    What is the asking price?
    The asking price for this property is $234,900.
    What are key features of this property?
    This property features: - Duplex: Live in one unit and rent the other.; - Investment Potential: Build wealth and generate rental income.; - NW City Location: Desirable location.
    (423) 596-7173
    Request Owner's contact information
    1505/1507 Rustic Dr NW Cleveland, TN 37312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1505/1507 Rustic Dr NW Cleveland, TN 37312
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