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    Cleveland, TN Apartment Buildings for Sale

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    Mixed-Use Property with Retail
    Updated: Aug 14
    Mixed-Use Property with Retail

    1242 Ladd Springs Road, SE, Cleveland, TN 37323

    $700,000
    8,814 sqft
    8,814‑square‑foot mixed‑use property built in 1976
    Eight one‑bedroom apartments, all occupied
    Central retail space positioned between the residential units
    Single‑level layout with four apartments on each side of the retail area
    Apartments feature luxury vinyl plank flooring and renovated bathrooms
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    Multifamily Investment in Cleveland, Tennessee
    Updated: Nov 21, 2025
    Multifamily Investment in Cleveland, Tennessee

    3716 Cliffside Drive Northeast, Cleveland, TN 37312

    Contact for pricing
    25,950 sqft
    High occupancy & solid rental history: stabilized occupancy exceeding 95% demonstrates strong tenant demand and consistent income.
    Significant renovation upside: 71% of units already renovated with modern finishes, providing opportunity to increase rents by completing renovations on the remaining 29%.
    Strong location: prime location in Cleveland, TN, near the growing Chattanooga MSA, offering access to a larger economic base and convenient access to local universities.
    Attractive investment opportunity: achieving expense‑adjusted cap rates over 6.5% at the ask price of $3,515,000.
    Well‑maintained property: only 2 owners in the property's history, indicating consistent upkeep and thoughtful renovations.
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    92-Unit Apartment Community
    92-Unit Apartment Community

    37000422 Stephens Rd Ne, Cleveland, TN 37312

    $7,499,000

    Well-maintained 92-unit apartment community with on-site laundry and recent exterior and interior upgrades.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    New Construction Apartment Buildings
    New Construction Apartment Buildings

    483 Hungry Hollow Road, Cleveland, TN 37312

    Contact for pricing
    1,557 sqft

    Twenty two-bedroom townhome units offer oversized single-car garages, rear decks, bonus rooms, and two-and-one-half bathrooms.

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    92-Unit Apartment Community in Cleveland
    92-Unit Apartment Community in Cleveland

    3700 Stephens Road NE, Cleveland, TN 37312

    Contact for pricing

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

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    32-Unit Apartment Buildings
    32-Unit Apartment Buildings

    1880 Green Dr NW, Cleveland, TN 37311

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    Two adjacent buildings offer one-bedroom residences with PTEC heating and cooling.

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    Furnished Efficiency Apartment Building
    Furnished Efficiency Apartment Building

    1300 S Lee Hwy, Cleveland, TN 37311

    Contact for pricing

    Recent conversion offers furnished efficiency units with full baths and kitchenettes, plus parking on-site.

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    Renovated 12-Unit Apartment Complex
    Renovated 12-Unit Apartment Complex

    563 Central Ave NE, Cleveland, TN 37311

    Contact for pricing

    Two updated buildings contain compact units with individual HVAC, ranges, and refrigerators.

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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 8 Active listings in Cleveland, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    Mc Donald, TN 37353

    $599,000
    3,888 sqft 1.00 AC lot

    Individual unit metering supports a straightforward utility arrangement, with residents paying their own utilities and ownership covering trash service.

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    10-Unit Apartment Buildings
    10-Unit Apartment Buildings

    8473 Hiwassee St, NW, Charleston, TN 37310

    $975,000

    Two separate buildings support fully leased residential operations in Charleston, Tennessee.

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    6-Unit Brick Apartment Building
    6-Unit Brick Apartment Building

    578 Withrow Road, McDonald, Mc Donald, TN 37353

    $599,000

    Individually metered units support separate tenant utility billing.

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    12-Unit Apartment Complex
    12-Unit Apartment Complex

    8951 Hiwassee Street NW, Charleston, TN 37310

    Contact for pricing

    Twelve-unit apartment complex with 11 currently rented and additional commercial building potential on 0.23 acres.

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    Off-Market Properties in Cleveland, TN

    Consider similar Off-Market properties in Cleveland, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1504 14th SE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1504 14th SE St, Cleveland, TN 37311-3198

    $110,000
    Estimated value
    1,944 sqft 0.53 AC lot
    View details
    1510 14th SE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1510 14th SE St, Cleveland, TN 37311-3199

    $255,000
    Estimated value
    1,920 sqft 0.38 AC lot
    View details
    140 Edwards NE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    140 Edwards NE St, Cleveland, TN 37311-5313

    $480,000
    Estimated value
    89,414 sqft 0.98 AC lot
    View details
    1401 Wildwood Lk SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1401 Wildwood Lk SE Rd, Cleveland, TN 37311-6999

    $245,000
    Estimated value
    2,675 sqft 4.00 AC lot
    View details
    655 5th NW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    655 5th NW St, Cleveland, TN 37311-4990

    $55,000
    Estimated value
    3,720 sqft 0.96 AC lot
    View details
    1583 Perry SE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1583 Perry SE St, Cleveland, TN 37311-3280

    $300,000
    Estimated value
    3,000 sqft 0.38 AC lot
    View details
    2049 Wynwood NW Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    2049 Wynwood NW Dr, Cleveland, TN 37311-1100

    $815,000
    Estimated value
    3,760 sqft 0.37 AC lot
    View details
    2196 Dalton SE Pike
    APARTMENT HOUSE (UNDER 5 UNITS)

    2196 Dalton SE Pike, Cleveland, TN 37311-7750

    $290,000
    Estimated value
    2,424 sqft 1.49 AC lot
    View details
    1102 Victory SW St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1102 Victory SW St, Cleveland, TN 37311-6781

    $220,000
    Estimated value
    1,850 sqft 0.30 AC lot
    View details
    3024 Blue Spgs SE Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3024 Blue Spgs SE Rd, Cleveland, TN 37311-0814

    $425,000
    Estimated value
    4,416 sqft 0.52 AC lot
    View details
    210 Westside NW Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    210 Westside NW Dr, Cleveland, TN 37311-3496

    $265,000
    Estimated value
    2,046 sqft 2.70 AC lot
    View details
    795 6th NE St
    APARTMENT HOUSE (UNDER 5 UNITS)

    795 6th NE St, Cleveland, TN 37311-2388

    $260,000
    Estimated value
    9,880 sqft 9.00 AC lot
    View details
    2295 Georgetown Rd
    Multifamily properties

    2295 Georgetown Rd, Cleveland, TN 37311

    Value Estimation by Request
    4,368 sqft
    View details
    615-855 Brown Ave
    Multifamily properties

    615-855 Brown Ave, Cleveland, TN 37311

    Value Estimation by Request
    46,822 sqft
    View details
    855 Brown Ave
    Multifamily properties

    855 Brown Ave, Cleveland, TN 37311

    Value Estimation by Request
    5,856 sqft 0.27 AC lot
    View details
    101 Blythe Ferry Rd
    Multifamily properties

    101 Blythe Ferry Rd, Cleveland, TN 37312

    Value Estimation by Request
    6,514 sqft 0.93 AC lot
    View details

    Cleveland, TN Apartment Buildings Market Trends and Statistics

    Explore 28 apartment buildings for sale in Cleveland, TN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 36,321 square feet of properties for sale, with an estimated market value of $8,199,000.

    Sale prices for two-family homes in Cleveland, TN start at $700,000, averaging $4,099,500, and reaching up to $7,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 99K
    Population Growth (5Y) +5.8%
    Median Household Income $63,951
    College Educated 20.2%

    High-Yield Neighborhoods for Investment

    Identify Cleveland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37323 $775K
    37312 $7.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $31.91 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Bradley County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Cleveland, TN

    • 37311
    • 37312
    • 37323

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