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15-Unit Multifamily Portfolio
For Sale
$2,250,000

101 Blythe Ferry Rd, Cleveland, TN 37312

Four residential buildings offer consistent floor plans across adjoining Cleveland parcels with Interstate 75 access.

Property Size3,762 SF
Price / SF$598.09
Days on Market21

Property Features for 101 Blythe Ferry Rd

General Information

Standard status Active
Size 3,762 SF
Property subtype Residential Income

Units

Unit Mix 15 x 2BR/1.5BA
Multifamily Units 15

Additional Details

Highway Access Yes

Building Details

Year Built 1970
Buildings 4
Listing Agency: Keller Williams Cleveland
Listed By: William Eilf 4238139800 · License #337177
Source: Sumnercountyhomelistings
Added: Aug 21 Changed: Sep 9 Last Checked: Sep 10 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Cleveland

Investment Insights

Based on property information with market context.

This multifamily portfolio includes four residential buildings with 15 total units across two adjoining parcels in Cleveland, Tennessee. Each residence is configured with 2 bedrooms and 1.5 baths, creating a consistent unit mix across the property. The buildings were constructed in 1970, and the portfolio is currently managed by Gilbert Property Management.

The properties are located at 101 and 103 Blythe Ferry Rd NE and 3805 and 3809 Charleston Drive NE, near the convergence of Blythe Ferry Road, Ocoee Street, and Charleston Drive. Shopping, dining, and medical offices are located in the surrounding area, with connectivity to Interstate 75. Additional buildable space is identified at 3815 Charleston Drive NE, offering room for potential future expansion.

Key Highlights

  • 15 units across four residential buildings
  • Consistent unit mix: 2 bedrooms and 1.5 baths per unit
  • Two adjoining parcels in Cleveland, TN

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Big Box & Wholesale Store Auto Repair Shop Kitchen & Bath Showroom Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

504
Businesses Nearby

Demographics for 37312, TN

36,291
Population
15,023
Households
2.4
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
64.4 sq mi
ZIP Area
564
Density / Sq Mi
$75,369
Median Household Income
$41,148
Median Earnings
$1,080
Median Rent
$270,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four residential buildings offer consistent floor plans across adjoining Cleveland parcels with Interstate 75 access.
Where is this apartment building located?
The property is located at 101 Blythe Ferry Rd Cleveland, TN.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 15 units across four residential buildings; Consistent unit mix: 2 bedrooms and 1.5 baths per unit; Two adjoining parcels in Cleveland, TN
More about this property
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