




2861 Michigan Avenue Rd NE, Cleveland, TN, 37323
About This Home
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.
Getting Around
Schools
Construction
Condition
- Property condition: Functional
- Year built: 1997
Materials
- Foundation: Block
- Roof: Shingle
- Construction materials: Brick Veneer,Vinyl Siding
Type & Style
- Home type: Townhouse
- Architectural style: Other
- Property subType: Quadruplex,Multi Family,Townhouse
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Refrigerator
- Laundry features: Laundry Closet
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Open Floorplan
- Flooring: Laminate
- Finished area below ground: 0
- Finished area above ground: 4,948
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 4,948
- Total interior livable area: 4,948 sqft
Property
Details
- Parcel number: 050l B 017.00
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: None
- Fencing: None
Lot
- Features: Cleared
Parking
- Parking features: Concrete
