140 Bowman Ave NW, Cleveland, TN 37311

Description

Charming 1946 Home Steps from Lee University with Studio Apartment & Prime Investment Potential. Welcome to 140 Bowman Avenue NW, a nostalgic 1946 home just steps from Lee University and an easy walk to downtown Cleveland's shopping, restaurants, and boutique retail. Whether you're looking for a place to live, a rental with built-in income, or a property to make your own, the sky's the limit here. The main home offers 3 bedrooms and 1 bath, with hardwood floors throughout and a wood-burning fireplace in the living room, adding warmth and the original character that only a mid-century home can deliver. Additional space has been converted into a private studio apartment with its own room, kitchen, and full bathroom, ideal for a rental, guest quarters, or multigenerational living. With the proximity to Lee University, the demand for quality rentals is a major advantage for investors. The owner has completed a long list of major updates. The sump pump is new as of Fall 2025, and the roof was sealed and repaired that same season. The hot water heater was replaced in Spring 2025. In Summer 2025, the home received a full electrical overhaul including whole-house rewiring, a new breaker panel, and new outlets and switches, along with all new smoke detectors, all new ceilings with new lights and fans, and fully repaired and painted drywall. This October, the entire house was pressure washed and the AC unit was serviced. The refrigerator, range, washer, and dryer all convey with the property at no additional cost to the buyer. Outside, you'll find a paved shared driveway and a detached one-car garage with a carport, a rare find so close to campus and downtown. With the big-ticket systems addressed, you can focus on putting your own stamp on this one. Live on one side and rent the other, add to your rental portfolio, or build your vision from the ground up. Opportunities like this near Lee University don't come along often. Schedule your showing today!