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$999,900 - 2861 Michigan Ave Road Ne, Cleveland

-
Bedrooms
-
Baths
4,948
SQ. Feet
1997
Year Built

Turnkey 5-Unit Townhouse Investment - Great Location + Partial Owner Financing Available Excellent opportunity to own a fully tenant-occupied 5-unit apartment building in a highly desirable, high-demand area. Each unit is a well-maintained 2-bedroom, 1.5-bathroom townhouse, offering spacious layouts ideal for attracting and retaining quality tenants. This income-producing property is fully rented, providing immediate cash flow and low vacancy risk. Located near major amenities, shopping, and schools, it's perfectly positioned for long-term growth and stability. Partial owner financing available* making this an ideal choice for investors looking to expand their portfolio with flexible terms. Property Highlights: - 5 Spacious Townhouse Units - Each Unit: 2 Bedrooms, 1.5 Bathrooms - Fully Tenant Occupied - Strong Rental History - Prime Location Near Amenities, Shopping, Resturaunts & Schools - Partial Owner Financing Available Don't miss this rare chance to acquire a stable, income-generating asset with built-in tenant base and financing flexibility. Financials available upon request.

Essential Information

  • MLS® #:
    3214706
  • Price:
    $999,900
  • Bathrooms:
    0.00
  • Square Footage:
    4,948
  • Acres:
    0.00
  • Year Built:
    1997
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    2861 Michigan Ave Road Ne
  • City:
    Cleveland
  • County:
    Bradley County, TN
  • State:
    TN
  • Zip Code:
    37323

Amenities

  • Utilities:
    Water Available
  • Garages:
    Concrete

Interior

  • Heating:
    Central
  • Cooling:
    Central Air
  • # of Stories:
    2

Exterior

  • Roof:
    Shingle
  • Construction:
    Vinyl Siding, Other

School Information

  • Elementary:
    Mayfield Elementary
  • Middle:
    Cleveland Middle
  • High:
    Cleveland High

Additional Information

  • Date Listed:
    April 7th, 2026
  • Days on Market:
    39

Listing Details

  • Listing Office:
    Re/max Experience

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on May 18th, 2026 at 7:38am CDT.