1745 NE Carolina Avenue, Cleveland, TN 37311
- $479,000
- 2,280
- SqFt
- List Price
- $479,000
- MLS#
- 3593351
- Days on Market
- 1
- Property Type
- Multifamily
- Sqft. of Residence
- 2,280
- County
- Bradley County
- Status
- ACTIVE
Property Description
Buyer to verify square footage and school zones. Pre-sale on this FANTASTIC NEW CONSTRUCTION opportunity!! Located in the heart of Cleveland, Tennessee and just a short walk to Lee University, this versatile 3-bedroom, 2-bath duplex offers an exceptional opportunity for both investors and owner-occupants. Each side provides a functional layout ideal for traditional family rentals or high-yield student housing. With its unbeatable proximity to campus, this property is perfectly positioned for rent-by-the-room strategies, creating the potential for significantly higher returns compared to standard long-term leasing. Whether you're targeting steady family tenants or maximizing income with student demand, this duplex delivers flexibility, location, and upside. Walking distance to classes, dining, and local amenities makes it especially attractive to Lee University students, while the neighborhood setting also appeals to small families and professionals. Estimated rent for each side is approximately $1850/month or rent by the room to students at an estimated $1000/month. As an added bonus, seller is roughing in plumbing in the basement so that a THIRD unit can be built out at a later time, making this an effective triplex when you're ready. Value add galore! Highlights: 3 bedrooms / 2 bathrooms each side Duplex configuration with multiple income strategies Walkable to Lee University Strong rental demand area Ideal for house hacking, long-term rentals, or student co-living housing Excellent opportunity to increase cash flow through room-by-room leasing Basement with plumbing roughed in to allow for a third unit build out at buyer's convenience Schedule your showing today and explore the income potential. Note: Images are STOCK/AI generated images. Building will be completed in its likeness. This is a new construction duplex with estimated completion date or September 1, 2026.
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Additional Information
- Construction Type
- Other
- Cooling System
- Central Air
- Elementary School
- Mayfield Elementary
- Floor Types
- Other
- Heating System
- Central
- High School
- Cleveland High
- Junior High School
- Cleveland Middle
- Living Area
- 2,280
- New Construction
- Yes
- Number Of Stories
- 2
- Sewer System
- Public Sewer
- Subdivision
- Craigmiles Park Addn
- Tax Amount
- $82
- Water Source
- Public
- Year Built
- 2025
- Type
- Multifamily
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Listing courtesy of Greater Chattanooga Realty, Keller Williams Realty.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.