LKV Realty
Logo
$899,900
$4,400Reward *
2861 Michigan Ave Road NE, Cleveland, TN 37323Listing ID 3510679

2861 Michigan Ave Road NE, Cleveland, TN 37323

Active
Time on site: 6 daysLast updated: 4 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Square Feet
Square Feet
4,948
Days on Site
Days on Site
5
Cooling
Cooling
Central Air
Heating
Heating
Central
Year Built
Year Built
1997
Stories
Stories
2
Parking
Parking
Concrete

Excellent investment opportunity to own a fully tenant-occupied 5-unit townhouse property in a desirable, high-demand location. Each spacious unit features 2 bedrooms and 1.5 bathrooms with a functional townhouse-style layout that offers comfortable living and strong tenant appeal. With all five units currently occupied, this turnkey property provides immediate rental income and has a strong rental history. Conveniently located near shopping, restaurants, schools, and other everyday amenities, the property is well positioned for continued rental demand and long-term investment potential. Partial owner financing is available, offering qualified buyers additional flexibility when structuring the purchase. Don't miss this opportunity to add a stable, income-producing multifamily property with an established tenant base to your investment portfolio. Financial information is available upon request.

Property Information

Property Details

Location

Address
2861 Michigan Ave Road NE
County
Bradley County, TN
City
Cleveland
Zip Code
37323
High School
Cleveland High
Elementary School
Mayfield Elementary

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Central

Building

Building Information

Square Feet
4,948
Year Built
1997
Stories
2
Construction
Vinyl Siding, Other
Roof
Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$1,393
RE/MAX Experience, (423) 790-3086

Market Report for 37323

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Realtracs
Realtracs logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 02:11 PM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC624903