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    1907 Gate Tower Way NE Cleveland, TN 37312

    Sponsored
    For Sale
    $2,500,000

    MULTI_FAMILY - Cleveland, TN

    Property size:
    12,496 SF
    Lot size:
    3.01 Acres
    Days on Market:
    22
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 1907 Gate Tower Way NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Window features
    Vinyl Frames, Insulated Windows, Double Pane Windows, Low Emissivity Windows
    Rooms
    Bathroom 18, Bathroom 11, Bathroom 24, Bedroom 18, Bathroom 6, Bedroom 23, Bedroom 16, Bedroom 5, Bathroom 7, Bedroom 3, Bedroom 4, Bathroom 15, Bathroom 23, Bedroom 6, Bathroom 1, Bedroom 19, Bedroom 8, Bedroom 22, Bathroom 21, Bathroom 5, Bedroom 1, Bathroom 22, Bedroom 13, Bedroom 20, Bedroom 21, Bathroom 20, Bedroom 7, Bathroom 19, Bathroom 17, Bedroom 12, Bedroom 9, Bathroom 13, Bathroom 14, Bedroom 10, Bedroom 11, Bathroom 4, Bathroom 8, Bedroom 2, Bathroom 12, Bedroom 24, Bedroom 17, Bathroom 2, Dining Room, Bathroom 10, Bedroom 14, Bathroom 3, Bedroom 15, Bathroom 9, Bathroom 16
    Bedrooms
    24
    APN
    050e H 040.00
    Parking features
    Driveway, Garage, Open
    Patio and Porch features
    Patio
    Interior features
    Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Kitchen Island, Pantry, Separate Dining Room, Tub/shower Combo, Vaulted Ceiling(s), Walk-In Closet(s)
    Exterior features
    Rain Gutters
    Appliances
    Stainless Steel Appliance(s), Refrigerator, Microwave, Free-Standing Electric Range, Dishwasher
    Size
    12,496 SF
    Lot size
    3.01 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2026
    Floors in Building
    2
    Number of units
    8
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Keller Williams Realty (423) 664-1600 [email protected]

    Listing agent Teresa Scheiwe (423) 664-1800 License #TN 323927 GA 346685

    Listing date Dec 20, 2025

    MLS# 1522203 Listing URL

    Copyright © 2025 Greater Chattanooga 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

    New Construction Multifamily Investment Package

    This new construction package, with estimated completion in early 2026, is designed for low maintenance. The package includes four parcels: two four-family/quadplex buildings, totaling eight units ready for rent upon completion, plus two adjacent building lots zoned R-2. The R-2 zoning allows for single-family, two-family/duplex, and four-family/quadplex construction, among other possibilities. Each residence will have an estimated 1562 square feet, featuring three bedrooms, two and a half bathrooms, a one-car garage, 9-foot ceilings on the main level, and vaulted ceilings with ceiling fans in all bedrooms. Additional features include a two-story foyer, LVP flooring, custom soft-close white cabinets, granite countertops, a kitchen island, stainless steel appliances, and a back patio with a lawn area. The property is located in Cleveland, TN. City water, sewer, and electricity are available, and water meter boxes have been set for the lots. The package includes Gate Tower Way NE Lots 49, 50, 51, and 52 with Parcel ID/Tax ID numbers 050E H 039.00, 050E H 040.00, 050E H 017.00, and 050E H 018.00. The total lot size is 3.01 acres. The two adjacent lots offer the potential to build two additional four-family/quadplex buildings, allowing for future rental income. The total property size is 12496 square feet.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.828276
    Latitude
    35.17324

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    FAQs

    What type of property is this?
    Quadplex - New construction multifamily package with income potential and building lots.
    Where is this quadplex located?
    The property is located at 1907 Gate Tower Way NE Cleveland, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Package includes **two completed four-family (quadplex) buildings (8 units total) ready for immediate rental income.**; - Includes two additional adjacent R-2 zoned lots, allowing for future construction of additional residential units (single-family, duplex, or quadplex).; - New construction (estimated completion early 2026) designed for low maintenance.
    (423) 718-5079
    Request Owner's contact information
    1907 Gate Tower Way NE Cleveland, TN 37312
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    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.

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    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
    1907 Gate Tower Way NE Cleveland, TN 37312
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