16001610 SE Chippewa Avenue, Cleveland, TN 37311
- $195,000
- 2,934
- SqFt
- List Price
- $195,000
- Price Change
- ▼ $50,000 1787636743
- MLS#
- 2795476
- Days on Market
- 26
- Property Type
- Multifamily
- Sqft. of Residence
- 2,934
- County
- Bradley County
- Status
- ACTIVE
Property Description
This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental income from day one. No lease-up risk, just stabilized cash flow in a market that continues to grow. The property sits on a corner lot with full city utilities -- water, sewer, and electric. Downtown Cleveland's trajectory, combined with the property's walk-to-everything location near shopping, dining, the Greenway, and public services, gives a future owner real room to grow rents as the market matures. Whether you're building a portfolio or adding a low-maintenance income property to an existing one, this checks the boxes.
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Additional Information
- Construction Type
- Frame
- Cooling System
- Wall/Window Unit(s)
- Elementary School
- Blythe-Bower Elementary
- Floor Types
- Laminate
- Heating System
- Electric
- High School
- Cleveland High
- Junior High School
- Cleveland Middle
- Living Area
- 2,934
- Lot Dimensions
- 104' x 160'
- Number Of Stories
- 1
- Roofing Material
- Shingle
- Sewer System
- Public Sewer
- Tax Amount
- $431
- Water Source
- Public
- Year Built
- 1990
- Zoning
- Mixed Use
- Type
- Multifamily
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Listing courtesy of Keller Williams Cleveland.
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.