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    Corner-Lot Four-Unit Portfolio Title is generated by Realmo AI

    1600/1610 Chippewa Avenue SE, Cleveland, TN 37311

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    For Sale
    $245,000

    MULTI_FAMILY - Ranch - Cleveland, TN

    Type:Single Family Residence
    Property size:
    2,934 SF
    Price / SF:
    $83/SF
    Added:
    Feb 24, 2025
    Days on Market:
    488
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 1600/1610 Chippewa Avenue SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bathrooms
    4
    Rooms
    Bathroom 3, Bathroom 4, Bathroom 2, Bathroom 1
    Patio and Porch features
    Porch
    Interior features
    Eat-in Kitchen
    Appliances
    Electric Water Heater
    Standard status
    Active
    APN
    057l U 00200 000
    Size
    2,934 SF

    Taxes and HOA fees

    Tax Annual Amount
    431

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1990
    Floors in Building
    1
    Number of units
    4
    Flooring type
    Laminate
    Roof type
    Shingle
    Architectural style
    Ranch

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    William Eilf
    William Eilf

    Listing agent William Eilf License #337177

    Listing office KW Cleveland 140 Interstate Dr NW, Cleveland, TN

    Listing date Feb 24, 2025

    MLS# 20250802 Listing URL

    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

    • 4‑unit multi‑building portfolio in Downtown Cleveland, TN on a corner lot
    • $2,130/month total in‑place rent for 3 units; 4th unit is being rehabbed for $1,100/month
    • Recent renovations throughout the property
    • Full city utilities available: public water, public sewer, and electric
    • Ranch‑style property built in 1990 with shingle roof
    • Interior features include eat‑in kitchen; laminate flooring with electric heating and window unit cooling

    Overview

    This is a multi-building, four-unit residential income portfolio on a corner lot. The property includes three units currently leased for a total of $2,130 per month, with the fourth unit being rehabbed to be rented for $1,100 per month. Recent renovations are noted throughout the property, supporting a move toward stabilized occupancy and consistent residential income potential.

    The portfolio is located in Downtown Cleveland, Tennessee, on Chippewa Avenue SE in Bradley County. The site is described as a full city utilities setup, including water, sewer, and electric.

    For investors seeking an already-leased four-unit configuration, the structure provides current in-place rent from three units while the remaining unit completes its renovation for lease-up. The corner-lot arrangement and recent upgrades may be of interest to buyers looking for a low-maintenance, multi-building rental property in a central Cleveland setting near shopping, dining, the Greenway, and public services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.876347
    Latitude
    35.145218

    FAQs

    What type of property is this?
    Quadplex - Four renovated units on a corner lot with city utilities, with three units leased and one unit under rehab.
    Where is this quadplex located?
    The property is located at 1600/1610 Chippewa Avenue SE Cleveland, TN.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: 4‑unit multi‑building portfolio in Downtown Cleveland, TN on a corner lot; $2,130/month total in‑place rent for 3 units; 4th unit is being rehabbed for $1,100/month; Recent renovations throughout the property
    More about this property
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