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$899,900
Active2861 Michigan Ave Road NE
Cleveland, TN 37323
4,948
Square Feet
1
Days on Market
RTC3510679
MLS#
Townhouse
Structure
Residential
Zone
Listing OfficeRE/MAX Experience
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 Details
- Cooling
- Central Air
- Heating
- Central
- Cooling Features
- Central Air
- Stories
- 2
- Square Feet
- 4948.0
- Horse Stable
- 1
- Parking Features
- Concrete
- Parking Spaces
- 0.0
- Property Type
- Purchase
- Year Built
- 1997
- Roof
- Shingle
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Water Available
- Water
- Public
- Elementary School
- Mayfield Elementary
- Middle School
- Cleveland Middle
- High School
- Cleveland High
- County
- Bradley County, TN
- Region
- Cleveland
- Original List Price
- $899,900
- Taxes Annual
- $1,393
- MLS #
- 3510679
- Property Subtype
- Residential Income
- Parcel Number
- 050L B 01700 000
- MLS #
- 3510679
- Date Listed
- August 12, 2026
- Address
- 2861 Michigan Ave Road NE
Location
Legal
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Provided By
Listed by Sommer Oder-Bailey (#RTC624903)
Listing Office: RE/MAX Experience (#RTC77630)