About 1600/1610 Chippewa Avenue
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.
Features of 1600/1610 Chippewa Avenue
| MLS® # | 1508088 |
|---|---|
| Price | $245,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 2,934 |
| Acres | 0.38 |
| Year Built | 1990 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Ranch |
| Status | Pending |
Community Information
| Address | 1600/1610 Chippewa Avenue |
|---|---|
| Subdivision | None |
| City | Cleveland |
| County | Bradley |
| State | TN |
| Zip Code | 37311 |
Amenities
| Amenities | None |
|---|---|
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
| Parking | Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Eat-in Kitchen, See Remarks |
|---|---|
| Appliances | Electric Water Heater |
| Heating | Electric |
| Cooling | Window Unit(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Level |
| Roof | Shingle |
| Construction | Other |
| Foundation | See Remarks |
School Information
| Elementary | Blythe-Bower Elementary |
|---|---|
| Middle | Cleveland Middle |
| High | Cleveland High |
Additional Information
| Date Listed | September 10th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |