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    Cleveland, TN Multifamily Properties for Sale

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    Four-Unit Townhome Quadplex
    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
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    Renovated Quadplex
    Updated: Apr 13
    Renovated Quadplex

    1514 Aurora Avenue SE, Cleveland, TN 37311

    $329,000
    2,108 sqft 0.37 AC lot
    Four‑unit residential property with 2,108 square feet of building area
    0.37‑acre parcel in Cleveland, TN 37311
    Each unit includes washer/dryer hookups
    New shingle roof and ductless mini‑split systems
    Updated cabinets and vinyl flooring
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    Eight-Unit Apartment Building Portfolio
    Eight-Unit Apartment Building Portfolio

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

    $2,200,000
    12,160 sqft 0.57 AC lot

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

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    See hot listings in Cleveland

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Property with Retail
    Mixed-Use Property with Retail

    1242 Ladd Springs Road, SE, Cleveland, TN 37323

    $700,000
    8,814 sqft

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

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    2025 Quadplex Townhome Portfolio
    2025 Quadplex Townhome Portfolio

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

    $1,100,000
    6,080 sqft 0.57 AC lot

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

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    Four-Townhome Multifamily Property
    Four-Townhome Multifamily Property

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

    $1,100,000
    6,080 sqft 0.57 AC lot

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

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    New Construction Quadplex with Garages
    New Construction Quadplex with Garages

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

    $1,069,900
    6,080 sqft 0.14 AC lot

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

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    Four-Unit Townhome Quadplex
    Four-Unit Townhome Quadplex

    900 Stratford Cir NW, Cleveland, TN 37312

    $660,000
    4,336 sqft

    Four two-story residences provide two bedrooms and one-and-a-half bathrooms per unit.

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    Quadruplex with Attached Garages
    Quadruplex with Attached Garages

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

    $1,060,000
    6,040 sqft 0.06 AC lot

    The planned community includes HOA landscaping, public sewer service, and attached garages for each residence.

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    15-Unit Multifamily Portfolio
    15-Unit Multifamily Portfolio

    101 Blythe Ferry Rd, Cleveland, TN 37312

    $2,250,000
    3,762 sqft

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

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    Brick Triplex with Attached Garage
    Brick Triplex with Attached Garage

    2609 Campbell Bridge Road, NW, Cleveland, TN 37312

    $349,900
    1,925 sqft 0.50 AC lot

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

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    Multi-Building Multifamily Property
    Multi-Building Multifamily Property

    16001610 Chippewa Avenue, SE, Cleveland, TN 37311

    $195,000
    2,934 sqft

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

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    650 Railroad Street, NE, Cleveland, TN 37311

    $329,000
    1,144 sqft

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

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    Renovated Quadplex with Mini-Splits
    Renovated Quadplex with Mini-Splits

    1514 Aurora Avenue, SE, Cleveland, TN 37311

    $329,000
    2,108 sqft

    Four one-bedroom units include updated cabinets, individual heating and cooling, and washer/dryer hookups.

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    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    11171119 Village Ct, Cleveland, TN 37312

    $395,000
    2,035 sqft

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

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    Mixed-Use Property With Three Homes
    Mixed-Use Property With Three Homes

    2537 Harrison Pike, Cleveland, TN 37311

    $350,000
    562 sqft 2.20 AC lot

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

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    Stud-Ready Multifamily Property
    Stud-Ready Multifamily Property

    481 Old Chattanooga Pike Southwest, Cleveland, TN 37311

    Contact for pricing
    2,773 sqft

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

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    Multifamily Investment in Cleveland, Tennessee
    Multifamily Investment in Cleveland, Tennessee

    3716 Cliffside Drive Northeast, Cleveland, TN 37312

    Contact for pricing
    25,950 sqft

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

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    Two-Bedroom Duplex Residence
    Two-Bedroom Duplex Residence

    129 Skylar Drive, Cleveland, TN 37312

    $145,000

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

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    Updated 4-Unit Quadplex
    Updated 4-Unit Quadplex

    1401 Wildwood Lake Rd. SE, Cleveland, TN 37311

    $140,000

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

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    Duplex With Garages
    Duplex With Garages

    1013 Zius CIR NW, Cleveland, TN 37311

    $110,000

    Two-unit residential property with garage accommodations, offered in its current condition.

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    92-Unit Apartment Community
    92-Unit Apartment Community

    37000422 Stephens Road, NE, Cleveland, TN 37312

    $7,250,000

    Commercial-zoned multifamily property with varied floor plans and extensive recent building and unit upgrades.

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    20-Unit Apartment Building
    20-Unit Apartment Building

    1301 S LEE HWY, Cleveland, TN 37311

    Contact for pricing

    Renovated interiors, updated HVAC systems, and supplemental flex space support an established rental operation.

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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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    Cleveland, TN Multifamily Properties Market Trends and Statistics

    Explore 53 multifamily properties for sale in Cleveland, TN, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 99,227 square feet of properties for sale, with an estimated market value of $20,916,800.

    Sale prices for multifamily properties in Cleveland, TN start at $110,000, averaging $996,038, and reaching up to $7,250,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 10
    Apartment buildings 7
    Duplexes 3
    Triplexes 2
    Short term rental properties 1

    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
    37311 $296.7K
    37323 $1.2M
    37312 $1.7M

    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)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Bradley County

    Residential Income

    How Realmo verifies these figures

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    • 37312
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