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Townhome-Style Duplex Under Construction
For Sale
$479,900

116118 Courtland Crest Drive SW, Cleveland, TN 37311

Under-construction duplex with separate utility metering and townhome-style finishes.

Property Size1,250 SF
Days on Market205

Property Features for 116118 Courtland Crest Drive SW

General Information

Standard status Active
Size 1,250 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR/2.5BA
Multifamily Units 2

Building Details

Building Size 1,250 SF
Year Built 2025
Stories 2
Units 2
Listing Agency: Greater Chattanooga Realty, Keller Williams Realty
Listed By: Gina Shumway · License #TN373412
Source: Spotlightproperties
Added: Jan 29 Changed: Aug 22 Last Checked: Aug 22 at 1:46PM

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 Greater Chattanooga Realty, Keller Williams Realty

Investment Insights

Based on property information with market context.

This two-unit duplex is under construction with an estimated completion at the end of May 2026. Each residence is planned with 2 bedrooms and 2.5 bathrooms and follows townhome specifications. Interior features include stainless steel appliances, granite countertops, contemporary finishes, and an efficient layout. Utilities are separately metered for each side.

The property is located in Cleveland, TN, with access to shopping, schools, and I-75. Chattanooga and surrounding areas are accessible via the interstate. The design also supports potential future individual parceling and separate resale of the two sides at the seller’s discretion.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 2.5 bathrooms per side
  • Estimated completion at the end of May 2026
  • Built to townhome specifications for potential individual parceling

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Pharmacy Building Supply Garden Center

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

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby

Demographics for 37311, TN

29,687
Population
12,942
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
83%
High-School Grad
50.1 sq mi
ZIP Area
593
Density / Sq Mi
$46,827
Median Household Income
$28,839
Median Earnings
$890
Median Rent
$205,800
Median Home Value

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?
Duplex - Under-construction duplex with separate utility metering and townhome-style finishes.
Where is this duplex located?
The property is located at 116118 Courtland Crest Drive SW Cleveland, TN.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2.5 bathrooms per side; Estimated completion at the end of May 2026; Built to townhome specifications for potential individual parceling
More about this property
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