Renovated Four-Unit Downtown
For Sale
$195,000
1600/1610 Chippewa Avenue SE, Cleveland, TN 37311
Recently updated residential units occupy multiple buildings on a corner parcel with municipal water, sewer, and electric service.
Property Size2,934 SF
Days on Market596
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Property Features for 1600/1610 Chippewa Avenue SE
General Information
Standard status
Active
Size
2,934 SF
Property subtype
Quadruplex
Additional Details
Utilities to Site
Yes
Multifamily Units
4
Building Details
Building Size
2,934 SF
Year Built
1990
Stories
1
Listing Agency:
K W Cleveland
Listed By:
William Eilf · License #337177
(423) 813-9800
Source:
Kwcleveland.kw
Added: Feb 26, 2025
Changed: Oct 1
Last Checked: Oct 14 at 7:55PM
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 K W Cleveland
Investment Insights
Based on property information with market context.
This four-unit residential property is arranged across multiple buildings on a corner lot in downtown Cleveland. The improvements date to 1990 and have undergone recent renovations. Three units have in-place rental income, while the fourth is currently being rehabilitated for future occupancy.
Municipal water, sewer, and electric service are available to the property. Its downtown setting places the buildings near shopping, dining, the Greenway, and public services, with those destinations described as walkable from the site. The address is 1600/1610 Chippewa Avenue SE in Cleveland, Tennessee.
Municipal water, sewer, and electric service are available to the property. Its downtown setting places the buildings near shopping, dining, the Greenway, and public services, with those destinations described as walkable from the site. The address is 1600/1610 Chippewa Avenue SE in Cleveland, Tennessee.
Key Highlights
- Four residential units across multiple buildings
- Recent renovations throughout the property
- Three units with in‑place rental income
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Quadplex - Recently updated residential units occupy multiple buildings on a corner parcel with municipal water, sewer, and electric service.
Where is this quadplex located?
The property is located at 1600/1610 Chippewa Avenue SE Cleveland, TN.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Four residential units across multiple buildings; Recent renovations throughout the property; Three units with in‑place rental income
