Brick Cottage Income
4410 Michigan Avenue Road NE Cleveland, TN 37323
4410 Michigan Avenue Road NE, Cleveland, TN, 37323
$259,000
Pending
For Sale
$259,000
Pending
MULTI_FAMILY - Cleveland, TN
Property Size1,510 SF
Lot Size1.60 Acres
Days on Market171
Property Features for 4410 Michigan Avenue Road NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Driveway
- Window features
- Insulated Windows, Double Pane Windows
- Patio and Porch features
- Patio
- Interior features
- Walk-In Shower, Storage, Open Floorplan, High Ceilings, Ceiling Fan(s), Crown Molding
- Exterior features
- Rain Gutters
- Appliances
- Washer, Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 043 00205 000
- Size
- 1,510 SF
- Lot size
- 1.60 Acres
Taxes and HOA fees
- Tax Annual Amount
- 847
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas, Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1998
- Floors in Building
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Brick
- Roof type
- Shingle
- Additional Structures
- Storage
Listing Agency
Bridge Real Estate Group
(423) 479-8721
295 Inman St E, Cleveland, TN
Listed by
Cristy Schuch · License #351771
(423) 650-6856
Added: Jan 27 Checked: Jul 17 at 9:06 am
MLS# 20260447
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.
Investment Insights
Based on property information with market context.
This brick cottage features 1 spacious bedroom and 1.5 bathrooms, presented as an income-ready, furnished property. The home has a successful short-term rental operating history and is described as having earned Airbnb “Super Host” status for five consecutive years, with 169+ reviews and 95%+ five-star ratings. Recent improvements include a new roof, new water heater, new asphalt driveway and parking area, new flooring downstairs, and select plumbing updates.
Set on 1.6 acres, the property is described as being backed by a running creek. The address is listed at 4410 Michigan Avenue Road NE in Cleveland, TN (Bradley County).
The listing also notes ongoing monthly pest control treatments and a transferable home warranty paid through February 23, 2029. A detailed list of included furnished items is available in the photos.
Set on 1.6 acres, the property is described as being backed by a running creek. The address is listed at 4410 Michigan Avenue Road NE in Cleveland, TN (Bradley County).
The listing also notes ongoing monthly pest control treatments and a transferable home warranty paid through February 23, 2029. A detailed list of included furnished items is available in the photos.
Key Highlights
- Brick cottage built in 1998 on 1.6 acres with public water and a septic tank
- 1 bedroom and 1.5 baths with open floorplan, high ceilings, crown molding, and walk‑in shower
- Kitchen appliances included: washer, dryer, dishwasher, electric range, microwave, and refrigerator
Local Financial Insights For Apartment 5plus
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 | $21.7k | $14.40 |
| − Vacancy | −$1.3k | −$0.88 |
| EGI | $20.4k | $13.52 |
| − OpEx | −$9.2k | −$6.08 |
| NOI | $11.2k | $7.44 |
1,510 SF · lease $14.40/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$160.4K
$140.4K – $187.2K
NOI $11,230 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.8K
$277.2K – $369.7K
NOI $22,179 @ 7.0% cap · market cap 8.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Brick cottage on 1.6 acres with 1 bedroom and 1.5 baths, offered furnished and supported by recent upgrades.
Where is this short term rental property located?
The property is located at 4410 Michigan Avenue Road NE Cleveland, TN.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Brick cottage built in 1998 on 1.6 acres with public water and a septic tank; 1 bedroom and 1.5 baths with open floorplan, high ceilings, crown molding, and walk‑in shower; Kitchen appliances included: washer, dryer, dishwasher, electric range, microwave, and refrigerator
