900 Stratford Circle NW, Cleveland, TN 37312
- Added:
- Feb 5, 2026
- Days on Market:
- 142
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 900 Stratford Circle NW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 7, Bathroom 7, Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Bathroom 8, Bedroom 2, Bathroom 2, Bedroom 6
- Parking features
- Off Street, Parking Lot
- Patio and Porch features
- Porch
- Appliances
- Water Heater, Refrigerator, Free-Standing Electric Range
- Standard status
- Active
- APN
- 034i B 05100 000
- Size
- 4,336 SF
Taxes and HOA fees
- Tax Annual Amount
- 6600
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1984
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Laminate
- Building materials
- Block
Listing agent Jeffrey Dodson License #336360 (423) 400-1984
Listing office Keller Williams Realty 7158 Lee Hwy, Chattanooga, TN (423) 664-1600
Listing date Feb 5, 2026
Copyright © 2026 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.
HighLights
- Four‑unit Stratford Village property: units 37, 38, 39, and 40 sold together
- Each unit is a 2‑story townhome with 1,084 SF, offering 2 bedrooms and 1.5 bathrooms
- Central heating and central air with electric cooling
- Block construction; carpet and laminate flooring
- Public water and public sewer
- Off‑street parking with a parking lot; includes a porch
Overview
The property is located in Stratford Village in Cleveland, Tennessee, with convenient access to I-75 just minutes away. It sits at 900 Stratford Circle NW, placing it within a developed residential setting where tenants can rely on straightforward everyday access.
With all four units packaged together, the asset may fit investors seeking steady cash-flow potential from a compact rental configuration. The uniform unit design can simplify leasing and operations compared with more diverse multifamily offerings, while the maintained condition can help reduce near-term maintenance concerns. Contact Jeff Dodson for additional information on the units and sale details.
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 | $56.2k | $12.96 |
| − Vacancy | −$3.3k | −$0.75 |
| EGI | $52.9k | $12.21 |
| − OpEx | −$15.9k | −$3.66 |
| NOI | $37.1k | $8.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.860005
- Latitude
- 35.209129