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92-Unit Apartment Community in Cleveland

3700 Stephens Road NE Cleveland, TN 37312

3700 Stephens Road NE, Cleveland, TN, 37312
Contact for pricing
For Sale
Contact for pricing

Well-maintained apartment community with recent improvements in a prime location.

Days on Market128

Property Features for 3700 Stephens Road NE

General Information

Standard status
Active
Property subtype
Multifamily
Listing Agency Crye-Leike, REALTORS
Listed by Max Phillips · License #TN 203547
Source Crexi
Added: Mar 12 Checked: Jul 17 at 3:49 am

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 Crye-Leike, REALTORS


Investment Insights

Based on property information with market context.

This well-maintained 92-unit apartment community is located in Cleveland, offering convenient access to shopping, dining, schools, and major routes. The property features a mix of units, including 64 one-bedroom/one-bath units, 19 two-bedroom/one-and-a-half-bath units, 8 two-bedroom/one-and-a-half-bath units with washer & dryer hookups, and 1 one-bedroom/one-bath unit with washer & dryer hookup. Tenants have access to a community laundry facility with pay-per-use washers & dryers. Significant capital improvements have been completed, including replacement of the main water line, new roofs, new windows, new steel steps, new paving, new gutters, updated siding and exterior paints, and new dumpsters. Interior upgrades include Allure Traffic Master flooring installed in approximately 90 percent of the units, new HVAC systems in an estimated 80 percent of the units, and new appliances. A substantial number of trees have been removed, enhancing visibility and curb appeal. The owner currently pays for water and sewer. The property is located just 5 minutes from everything Cleveland has to offer.

Key Highlights

  • Prime Cleveland location, just 5 minutes from city amenities.
  • Well‑maintained 92‑unit apartment community offering a strong investment opportunity.
  • Extensive recent capital improvements including new roofs, windows, and updated paving.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Blythewood Apartments Apartment Building

Suggested Use

Real Estate Agency Hair Salon Law Firm Nail Salon Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store Daycare Center Furniture & Home Goods Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Well-maintained apartment community with recent improvements in a prime location.
Where is this apartment building located?
The property is located at 3700 Stephens Road NE Cleveland, TN.
What is the asking price?
The asking price for this property is $7,874,900.
What are key features of this property?
This property features: Prime Cleveland location, just 5 minutes from city amenities.; Well‑maintained 92‑unit apartment community offering a strong investment opportunity.; Extensive recent capital improvements including new roofs, windows, and updated paving.
Contact an agent
(423) 596-7173 Call to check price and availability
More about this property
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