Cleveland, TN Residential income 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

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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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Duplex with Accessory Apartment

305 Sunset Drive NW, Cleveland, TN 37312

$319,900

1,832 sqft 0.36 AC lot

Separate living spaces offer independent breaker panels and washer/dryer hookups.

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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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Renovated Quadplex

1514 Aurora Avenue SE, Cleveland, TN 37311

$329,000

2,108 sqft 0.37 AC lot

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

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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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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-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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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

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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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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4-Unit Townhome-Style Quadplex

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

$1,060,000

6,040 sqft 0.06 AC lot

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

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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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Four-Unit Quadplex with Mini-Split HVAC

1645 Blythe Ave, Cleveland, TN 37311

$350,000

2,652 sqft

All four two-bedroom apartments are occupied, with public water and sewer serving the property.

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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 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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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

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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2-Unit Brick Duplex

632 41st St, Cleveland, TN 37312

$389,900

2,234 sqft

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

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Duplex with Garage Apartment

305 Sunset Dr, Cleveland, TN 37312

$319,900

1,832 sqft

Separate breaker panels and laundry hookups serve both residences.

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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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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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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

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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Cleveland, TN Residential Income Properties Market Trends and Statistics

Explore 68 residential income properties for sale in Cleveland, TN, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 110,429 square feet of properties for sale, with an estimated market value of $22,646,500.

Sale prices for residential investment properties in Cleveland, TN start at $110,000, averaging $871,019, 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.

Neighborhood	Average Price
37311	$296.7K
37323	$1.2M
37312	$1.7M

Neighborhood

Average Price

37311

$296.7K

37323

$1.2M

37312

$1.7M

Featured Cleveland Real Estate Agencies

Realmo connects you with licensed Cleveland CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Bridge Property Management Group, LLC

1510 Stuart Rd Cleveland, TN

Phone: (423) 479-8721

www.bridgepropertymanagementgroup.com

Century 21 1st Choice Realtors

2075 North Ocoee Street Cleveland, TN 37311

Phone: (423) 478-2332

www.homesofeasttennessee.com

KW CLEVELAND Keller Williams

650 25th Street NW, Suite 300 Cleveland, TN 37311

Phone: (423) 303-1200