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16001610 Chippewa Avenue SE

Cleveland, TN 37311
  • $195,000
  • STATUS: Active
  • ON SITE: 588 Days
  • MLS #: RTC2795476
UPDATED: 161 min ago
$195,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,934
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Information

Elementary School:
Middle School:
High School:

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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Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Miles Team | Compass Tennesee, LLC, 615-375-3575). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Miles Team | Compass Tennesee, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-06T00:07:16.16.

Based on information submitted to the MLS GRID as of 2026-10-06T00:07:16.16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.milesrealestateteam.com/homes/160822348
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16001610 Chippewa Avenue SE Cleveland, TN 37311

  • Price: $195,000
  • Status: Active
  • On Site: 588 Days
  • Updated: 161 min ago
  • MLS #: RTC2795476
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,934
SQFT
$66
$/SQFT
1990
Built
Neighborhood:
None
County:
Bradley
Elementary School:
Blythe-Bower Elementary
Middle School:
Cleveland Middle
High School:
Cleveland High
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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Frame Covered Spaces 0 Garage YN No Levels One Lot Size Dimensions 104' x 160' Parking Features Paved Parking Total 0 Roof Shingle View YN No Waterfront YN No

Interior Features

Above Grade Finished Area 2934 Cooling Wall/Window Unit(s) Cooling YN Yes Flooring Laminate Heating Electric Heating YN Yes

Property Features

Association YN No Building Area Total 2934 Buyer Financing ConventionalOther Gross Income 25560 Inclusions Other Net Operating Income 14990 New Construction YN No Operating Expense 10570 Owner Pays WaterElectricityOther Pool Private YN No Property Attached YN Yes Rent Includes WaterElectricityOther Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Stories 1 Tax Annual Amount 431 Tenant Pays Other Total Actual Rent 3130 Water Source Public Year Built Details Existing Zoning Mixed Use

Realtracs Solutions logo Offered by Keller Williams Cleveland: . Copyright 2026 RealTracs, Inc. Information Is Believed To Be Accurate But Not Guaranteed. Listings courtesy of Realtracs MLS as distributed by MLS GRID.


Realtracs Solutions logoProperties marked with the IDX logo are provided courtesy of the RealTracs Internet Data Exchange Program. Some or all of the listings may not belong to the firm whose website is being visited (The Miles Team | Compass Tennesee, LLC, 615-375-3575). IDX information © 2026 MTRMLS, Inc. Information is believed to be accurate but not guaranteed by the MLS or The Miles Team | Compass Tennesee, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-10-06T00:07:16.16.

Based on information submitted to the MLS GRID as of 2026-10-06T00:07:16.16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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