Cleveland, TN Residential Income Properties for Sale

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Mc Donald, TN Charleston, TN Oldfort, TN

45 listings

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92-Unit Apartment Community in Cleveland

$7,999,900

61,954 SF

92-Unit Apartment Community in Cleveland

3700/04/22 Stephens Road NE, Cleveland, TN 37312

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

Prime Cleveland location, just 5 minutes from everything Cleveland has to offer.
92‑unit apartment community with a desirable unit mix.
Extensive recent capital improvements including new roofs, windows, paving, and updated siding.
Interior upgrades including Allure Traffic Master flooring in approximately 90% of units and new HVAC systems in an estimated 80% of the units.
Strong investment opportunity due to established community and attractive unit options.

Updated: Mar 11

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Mixed-Use Property with Income Potential

$375,000

2,714 SF

Mixed-Use Property with Income Potential

270 Central Avenue NW, Cleveland, TN 37311

Commercial space with residential unit, ideal for owner-operators.

Income‑producing commercial property with residential space, ideal for owner‑operators or investors.
Spacious main level suitable for retail, office, studio, or service‑oriented business.
Well‑designed apartment perfect for live/work or rental income, offsetting operating costs.
Separate entrance to the apartment enhances privacy and convenience.
Large windows and flexible layout provide great visibility and natural light.

Updated: Feb 16

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$429,000

2,040 SF

Brand-New Duplex with Attached Garages

New one-level duplex units with attached 1-car garages, separately metered utilities, and shared parking access off a private driveway.

1622/1624 21st Street SE, Cleveland, TN 37311

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$1,500,000

384 SF

Corner Lot Investment Opportunity

High-traffic corner lot with income potential in Cleveland, TN.

402 Inman Street W, Cleveland, TN 37311

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Renovated Quadplex Investment Opportunity

$329,000

2,288 SF

Renovated Quadplex Investment Opportunity

Fully renovated quadplex with four units, ideal for investors.

650 Railroad Street NE, Cleveland, TN 37311

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$660,000

4,336 SF

Four-Unit Townhome Investment

Well-maintained four-unit townhome property near I-75, offering an established rental history for long-term investors.

900 Stratford Circle NW, Cleveland, TN 37312

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$329,000

2,108 SF

Renovated Quadplex with Modern Updates

Updated quadplex featuring new roof, mini-splits, and in-unit laundry.

1514 Aurora Avenue SE, Cleveland, TN 37311

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$479,900

2,450 SF

New Duplex in Growing Cleveland

New construction duplex in Cleveland, TN, estimated completion May 2026.

116 & 118 Courtland Crest Drive SW, Cleveland, TN 37311

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Executive Suites with Penthouse Apartment

$499,000

4,342 SF

Executive Suites with Penthouse Apartment

Commercial building with executive suites and renovated penthouse apartment.

2500 Executive Park Drive NW, Cleveland, TN 37312

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$479,000

2,280 SF

New Construction Duplex Near University

New construction duplex near Lee University with income potential.

1745 Carolina Avenue NE, Cleveland, TN 37311

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$550,000

4,400 SF

Cleveland Multifamily Property For Sale

Two duplexes on two parcels, commercially zoned in Cleveland, TN.

2530-2560 NE N Ocoee Street NE, Cleveland, TN 37312

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$365,000

1,925 SF

Three-Unit Brick Triplex

Turnkey triplex with updated interior finishes, flat half-acre lot, and parking for each unit.

2609 Campbell Bridge Road NW, Cleveland, TN 37312

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$479,900

1,250 SF

New Duplex in Growing Cleveland

New construction duplex in Cleveland, TN, ready May 2026.

116 & 118 Courtland Crest Drive SW, Cleveland, TN 37311

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$479,900

1,250 SF

New Duplex in Growing Cleveland

New construction duplex in Cleveland, TN, ready January 2026.

122 & 124 Courtland Crest Drive SW, Cleveland, TN 37311

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$395,000

2,035 SF

Renovated Duplex with Income Potential

Luxury duplex featuring modern amenities and immediate income potential.

1117/1119 Village Court, Cleveland, TN 37312

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$259,000

1,510 SF

Brick Cottage Rental Home

Brick cottage with 1 bed and 1.5 baths, creek-side setting, and recent upgrades offered furnished for rental use.

4410 Michigan Avenue Road NE, Cleveland, TN 37323

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$479,000

1,140 SF

New Construction Duplex Near University

New construction duplex near Lee University with income potential.

1745 Carolina Avenue NE, Cleveland, TN 37311

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New Quadruplex Townhome-Style Investment

$1,060,000

6,040 SF

New Quadruplex Townhome-Style Investment

New construction quadruplex with townhome-style units, stainless appliances, and garages.

1922,1924, 1926,1928 Cypress Lane, Cleveland, TN 37323

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$999,900

4,948 SF

Turnkey 5-Unit Townhouse Investment

Tenant-occupied 5-unit apartment building in a high-demand area.

2861 Michigan Ave Road NE, Cleveland, TN 37323

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$125,000

1,632 SF

Multi-Unit Building Under Construction

Multi-unit building under construction with potential for rental income.

650 Central Avenue NE, Cleveland, TN 37311

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$499,900

2,536 SF

Commercial Property on Corner Lot

Corner lot commercial property with high traffic exposure in Cleveland.

632 Inman Street E, Cleveland, TN 37311

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$245,000

2,934 SF

Turnkey Investment in Cleveland, TN

Fully leased multi-building property in downtown Cleveland, Tennessee.

1600/1610 Chippewa Avenue SE, Cleveland, TN 37311

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$239,900

840 SF

Duplex in Northeast City Location

Duplex with tenant-paid utilities, ideal for investment or owner-occupancy.

3301/3303 NE Steeple Circle, Cleveland, TN 37312

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$239,900

840 SF

Duplex in Northeast Cleveland

Duplex with tenant-paid utilities, ideal for investment or owner-occupancy.

3358/3360 NE Steeple Circle, Cleveland, TN 37312

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Cleveland, TN Residential Income Properties Investment Opportunities Market Analysis

Explore 72 residential income properties for sale in Cleveland, TN, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 146,392 square feet of properties for sale, with an estimated market value of $24,296,100.

Sale prices for residential income properties in Cleveland, TN start at $125,000, averaging $622,976, and reaching up to $7,999,900 — 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

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	$350.8K
37323	$755K
37312	$1.1M

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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