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615 / 855 Brown Avenue NW, Cleveland, TN 37311

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For Sale

$7,500,000

64 baths • 32 half baths • 46,848 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $160.09
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

Rare find with great income potential, stabilized and value add makes these 56 units in 8 buildings comprised of 24 one-bedroom, 24 two-bedroom and 8 three-bedroom apartments located in Cleveland, Tennessee. Close to key amenities including shopping and restaurants. Located near Lee University, this building will attract tenants looking for a vibrant downtown lifestyle. The property offers low maintenance landscaping, as well as 32 new decks overlooking the City of Cleveland Greenway.
MLS# 20242487

Courtesy Of KW CLEVELAND Keller Williams

(423) 303-1200

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Deck, Dock, Patio
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Contemporary
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Carpet, Laminate, Vinyl
  • Heating System
    Central Furnace

Map and Directions

Directions to 615 / 855 Brown Avenue NW, Cleveland, TN 37311

Home seller CENTURY 21 1st Choice Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 1st Choice Realtors

(423) 478-2332
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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