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2861 Michigan Avenue Road NE
Cleveland TN 37323 US

$999,900

Active Listing ID 20260523
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2.00 Bath (2 Full , 1 Half)
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Other

$999,900

Active Listing ID 20260523
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2861 Michigan Avenue Road NE 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 1
  • Cooling System: Central Air
  • Floor Covering: Laminate
  • Roof Type: Shingle
  • Heating Fuels: Central
  • Additional Features
  • Basement
  • Patio

School Information

  • School
  • Mayfield(Elementary)
  • Cleveland(MiddleSchool)
  • Cleveland(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 999900
  • unparsedaddress: 2861 Michigan Avenue Road NE
  • postalcity: Cleveland
  • stateorprovince: TN
  • country: US
  • postalcode: 37323
  • bathroomsfull: 2
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4948
  • livingareaunits: Square Feet
  • latitude: 35.165868
  • longitude: -84.825656
  • listagentfullname: Sommer Oder
  • listagentemail: sommeroder@gmail.com
  • listagentkey: 3yd-RCARTN-420_22
  • listagentmlsid: 420_22
  • listagentpreferredphone: 4237906592
  • listagentofficephone: 4237906592
  • listofficekey: 3yd-RCARTN-420
  • listagentstatelicense: 329188
  • listofficemlsid: 420
  • disclaimer: Copyright © 2026 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.
  • sourcesystemid: RCARTN
  • yearbuilt: 1997
  • listingcontractdate: 2026-02-02
  • countyorparish: Bradley
  • parcelnumber: 050l B 013.00
  • elementaryschool: Mayfield
  • highschool: Cleveland
  • appliances: Dishwasher, Electric Range, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Brick Veneer, Vinyl Siding
  • flooring: Laminate
  • heating: Central
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Open Floorplan
  • rooms: Bathroom 3, Bathroom 1, Bathroom 2
  • patioandporchfeatures: Deck
  • speciallistingconditions: Standard
  • basement: Crawl Space
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -84.82565, 35.165867
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Re/Max Experience", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sommeroder@gmail.com", "ListBrokerageCity":"Cleveland", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Re/Max Experience", "ListBrokeragePhone":"4237903086", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"4526 Mouse Creek Road Nw", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"4035 Keith St NW STE A", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"420", "ListOfficeCity":"Cleveland", "ListOfficeCountry":"USA", "ListOfficeEmail":"markietta.munck@gmail.com", "ListOfficePostalCode":"37312", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cleveland, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-02-02 16:30:06", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1327, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/4/2026 3:18:19 AM GMT
Source Updated Date: 2/5/2026 12:50:11 PM GMT

Courtesy of: Sommer Oder, RE/MAX Experience, sommeroder@gmail.com

Copyright © 2026 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.