Cleveland, TN Multifamily properties for sale

Updated: Oct 24

Four-Unit Residential Income Property

1645 Blythe Avenue SE, Cleveland, TN 37311

$350,000

2,652 sqft 0.29 AC lot

Four 2‑bedroom, 1‑bath apartments
2,652 square feet on a 0.29‑acre parcel
All four units currently occupied
Ductless mini‑split heating and cooling in each apartment
Refreshed cabinetry and fixtures with vinyl flooring

View details

Updated: Feb 5

Four-Unit Townhome Quadplex

900 Stratford Circle NW, Cleveland, TN 37312

$660,000

4,336 sqft

Four units—37, 38, 39, and 40—are being sold together
Each unit is a 2 story townhome measuring 1,084 square feet
Every residence includes 2 bedrooms and 1.5 bathrooms
Built in 1984 with block construction
Central heating and electric central air

View details

Duplex with Accessory Dwelling Unit

305 Sunset Drive NW, Cleveland, TN 37312

$319,900

2 units 1,832 sqft Built 1946 0.36 acres

Highway access

A three-bedroom main residence is paired with a one-bedroom unit above the two-car garage.

2 spaces 1 x 3BR/1BA 1 x 1BR/1BA Washer/dryer hookups Stainless steel appliances Granite countertops

View details

Mixed-Use Property with Retail

1242 Ladd Springs Road, SE, Cleveland, TN 37323

$700,000

8,814 sqft Built 1976

Single-level property combines eight occupied apartments with a centrally positioned retail component and updated residential finishes.

View details

Renovated Quadplex

1514 Aurora Avenue SE, Cleveland, TN 37311

$329,000

4 units 2,108 sqft Built 1978 0.37 acres

Four residential units feature updated systems, modern finishes, and washer/dryer hookups.

4 x 1BR/1BA Washer/dryer hookups

View details

Eight-Unit Apartment Building Portfolio

1912/1914/ 1916/1918/1911/1913/1915/1917 Lane, Cleveland, TN 37323

$2,200,000

8 units 12,160 sqft 2 buildings Built 2025 0.57 acres

100% occupied / $168,000 gross income Highway access

Two-building configuration offers eight residential units with garage and driveway parking, central HVAC, and public utilities.

View details

2025 Quadplex Townhome Portfolio

1912, 1914 ,1916, 1918 Cypress Lane, Cleveland, TN 37323

$1,100,000

8 units 6,080 sqft Built 2025 0.57 acres

100% occupied / $84,000 gross income Highway access

Four newer townhomes offer fully occupied residential income space with HOA-maintained exteriors and public utilities.

View details

15-Unit Multifamily Portfolio

101 Blythe Ferry Rd, Cleveland, TN 37312

$2,250,000

15 units 3,762 sqft 4 buildings Built 1970

Highway access

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

15 x 2BR/1.5BA

View details

Four-Townhome Multifamily Property

1911, 1913 , 1915, 1917 Cypress Lane lot: 24, Cleveland, TN 37323

$1,100,000

8 units 6,080 sqft Built 2025 0.57 acres

100% occupied / $84,000 gross income Highway access

Four townhomes offer newer construction, established occupancy, and HOA-managed exterior maintenance in Cleveland.

View details

New Construction Quadplex with Garages

1808,1806, 1804,1802 Arbor Hills Drive lot: 26, Cleveland, TN 37323

$1,069,900

4 units 6,080 sqft Built 2026 Craftsman-style 0.14 acres

Highway access

Four townhome-style units feature contemporary finishes, attached garages, and public sewer service within an established community.

4 x 3BR/2.5BA

View details

4-Unit Quadplex

541 20th St, Cleveland, TN 37311

$699,900

4 units 3,852 sqft Built 1989

Each residence has its own washer and dryer connections, with a mix of two- and one-bath layouts.

2 x 2BR/2BA 2 x 2BR/1BA Individual washer and dryer hookups

View details

4-Unit Townhome-Style Quadplex

1922,1924, 1926,1928 Cypress Lane lot: 15, Cleveland, TN 37323

$1,060,000

4 units 6,040 sqft 1 building Built 2024 Craftsman 0.06 acres

Highway access

Each residence includes an attached garage, multiple bedrooms, and contemporary interior finishes.

Utilities to site 4 x 3BR/2.5BA

View details

Brick Triplex with Attached Garage

2609 Campbell Bridge Road, NW, Cleveland, TN 37312

$349,900

3 units 1,925 sqft Built 1988 brick 0.5 acres

100% occupied / $32,400 gross income

Three residential units feature one-bedroom layouts, individual parking, and month-to-month tenancy.

3 x 1BR/1BA

View details

Multi-Building Multifamily Property

16001610 Chippewa Avenue, SE, Cleveland, TN 37311

$195,000

2,934 sqft Built 1990

The leased property includes multiple buildings and city water, sewer, and electric service.

Utilities to site

View details

Renovated Two-Unit Duplex

11171119 Village Ct, Cleveland, TN 37312

$395,000

2 units 2,035 sqft 1 building Built 1999

Both residences feature en suite bedrooms, updated kitchens, and open living areas.

2 x 2BR/2BA Deck Shed

View details

2-Unit Brick Duplex

632 41st St, Cleveland, TN 37312

$379,900

2 units 2,234 sqft Built 1977 brick

Each residence has two bedrooms, one bathroom, and single-level living.

2 x 2BR/1BA

View details

Renovated Four-Unit Quadplex

650 Railroad Street, NE, Cleveland, TN 37311

$329,000

4 units 1,144 sqft Built 1966

Four one-bedroom, one-bath units include updated interiors and mini-split heating and cooling systems.

4 x 1BR/1BA

View details

Duplex with Screened Porch

3178 Vista Dr NW, Cleveland, TN 37312

$329,900

2 units 1,700 sqft Built 1988

The property includes screened outdoor space, carports, and yard areas.

Screened porch Carports Custom storage shed

View details

Stud-Ready Multifamily Property

481 Old Chattanooga Pike Southwest, Cleveland, TN 37311

Contact for pricing

2,773 sqft Built 1995

Multifamily property built in 1995 and brought down to the stud, ready for your buildout.

View details

Mixed-Use Property With Three Homes

2537 Harrison Pike, Cleveland, TN 37311

$350,000

562 sqft 2.2 acres 4 buildings Built 1971

Road access

Corner acreage combines three homes with a separate commercial building and extensive road frontage.

View details

Edge of the Woods Mobile Home Park

645 OLD CHATTANOOGA PIKE SW, Cleveland, TN 37311

Contact for pricing

6.26 acres

R2

An operating park with occupied rental pads, vacant sites, and RV placements underway.

Utilities to site

View details

Multifamily Investment in Cleveland, Tennessee

3716 Cliffside Drive Northeast, Cleveland, TN 37312

Contact for pricing

25,950 sqft Built 1974

Well-maintained 31-unit multifamily property with renovation upside.

View details

Two-Bedroom Duplex Residence

129 Skylar Drive, Cleveland, TN 37312

$145,000

2 units 1-story Built 1999 Multi-tenant

Well-maintained one-level duplex with two bedrooms, two baths, and private exterior space on each side.

2 spaces Rear deck Front porch Mature trees

View details

Updated 4-Unit Quadplex

1401 Wildwood Lake Rd. SE, Cleveland, TN 37311

$140,000

4 units 1 building Built 1980 brick

100% occupied / $22,200 gross income

Brick apartment property with central heating and air, individual kitchens, and paved parking.

View details

Neighborhood	Average Price
37311	$267.7K
37312	$1.1M
37323	$1.2M