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Three-Unit Furnished Income Property
For Sale
Contact for pricing
Pending

2102 N Ocoee St, Cleveland, TN 37311

Three fully furnished units on one parcel generate annual rental income and are currently marketed on Airbnb.

Property SizeContact for details
Days on Market1028

Property Features for 2102 N Ocoee St

General Information

Standard status Pending
Total Parking Spaces 6
Property subtype Multifamily
Zoning Commercial

Additional Details

Furnished Yes
Multifamily Units 3

Building Details

Year Built 1935
Year Renovated 2021
Buildings 2
Stories 1
Units 3
Listing Agency: Keller Williams Realty
Listed By: Wendy Dixon · License #TN 308654
Source: Crexi
Added: Oct 18, 2023 Changed: Aug 8 Last Checked: Jul 25 at 1:17PM

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 Realty

Investment Insights

Based on property information with market context.

This property includes three separate, fully furnished units: a main house, a basement level unit, and a carriage house. All three units are currently listed on Airbnb and are being sold as a furnished bundle. The total annual income is stated as approximately $64,000 per year.

The property is located in a busy area of Cleveland, Tennessee near Lee University. Local employers and healthcare providers in the area include Amazon, Mars/M&Ms, Whirlpool, Wacker Polysilicon, Rubbermaid, Jackson Furniture, Peyton’s Southeastern, CHI Memorial, and Tennova Healthcare.

The property is already zoned for commercial use, offering flexibility for a buyer looking to transition from multi-family use. Additional records related to the current Airbnb operations are available upon request.

Key Highlights

  • 3 separate fully furnished units on one parcel: main house, basement level, and carriage house
  • All 3 units are currently listed on Airbnb and generate about $64,000/year in combined rental income
  • Property is being sold as a fully furnished bundle

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Auto Repair Shop HVAC Service Big Box & Wholesale Store Home Appliance Store Plumbing Service Catering 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

3
Residential units

Location Intelligence

Trade Area within ½ mile

794
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
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Three fully furnished units on one parcel generate annual rental income and are currently marketed on Airbnb.
Where is this short term rental property located?
The property is located at 2102 N Ocoee St Cleveland, TN.
What are key features of this property?
This property features: 3 separate fully furnished units on one parcel: main house, basement level, and carriage house; All 3 units are currently listed on Airbnb and generate about $64,000/year in combined rental income; Property is being sold as a fully furnished bundle
(423) 883-0654 Call to check price and availability
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