




5 Beds
4 Baths
2,934 sqft
$195,000
1600/1610 Chippewa Avenue SE, Cleveland TN, 37311
Price per sqft$66.46
Built in1990
Property size2,934 sqft
Property typeMulti-family
Courtesy of William Eilf, K W Cleveland,423-813-9800
Overview
Active
Listed Sep 4, 2026
Updated Sep 9
4 Unit multi-building portfolio -- Downtown Cleveland, TN. Corner lot • Recent renovations throughout. • $2,130/month total in place for 3 units (4th unit being rehabbed, to be rented for $1,100/month). 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.
Owner Agent.
$1,297/mo
Est. mortgage payment based on a $195,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 1508088
Interior Features
- Bedrooms
- 5
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.38 Acres
Other Property Details
- Taxes
- $431
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of William Eilf, K W Cleveland,423-813-9800
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kathy May-Martin shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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