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- Description
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Street View
$195,000
Monthly Est:$971
5 Beds
4 Baths
2,934sqft
1600/1610 Chippewa Ave SE, Cleveland, TN 37311
$195,000
$971/moEst:
Get Pre-Approved
Quadruplex
Built in 1990
$-- HOA
0.38 acre lot
$66/sq.ft
Description
4 Unit multi-building portfolio -- Downtown Cleveland, TN. Corner lot • Recent renovations throughout. • $2,130/month total in place for 3 units (4th unit being rehabbed, to be rented for $1,100/month). This is the kind of deal investors look for: already leased, recently renovated multi-building property in the heart of Downtown Cleveland generating monthly rental income from day one. No lease-up risk, just stabilized cash flow in a market that continues to grow. The property sits on a corner lot with full city utilities -- water, sewer, and electric. Downtown Cleveland's trajectory, combined with the property's walk-to-everything location near shopping, dining, the Greenway, and public services, gives a future owner real room to grow rents as the market matures. Whether you're building a portfolio or adding a low-maintenance income property to an existing one, this checks the boxes.
Owner Agent.
- Houzeo last checked: 2 hours ago
- Listing updated: September 8, 2026 at 1:24 pm
- Listing Provided by: William Eilf (423) 813-9800 DRE #337177 | K W Cleveland (423) 303-1200
- Source: Greater Chattanooga AOR MLS-AL | MLS#: 1508088
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1990
HOA Fees
-
Finished Area
2,934 sqft
Lot Size
0.38 acre lot
Basement Area
- sqft
MLS Name
Greater Chattanooga AOR MLS
MLS Number
1508088
MLS Status
Active
Days on Market
35
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 4
Interior
Sewer
Public Sewer
Interior Features
Eat In Kitchen, See Remarks
Appliances
Electric Water Heater
Exterior Features
None
Flooring
Laminate
Cooling
Window Unit(s)
Heating
Electric
Construction
Year Built
Year Built: 1990
Home type
Quadruplex
Property Condition
Fixer
Foundation Details
See Remarks
Architectural Style
Ranch
Roof
Shingle
Construction Materials
Other
Utilities & Energy
Water Source
Public
Laundry Features
See Remarks
Utilities
Electricity Connected, Sewer Connected, Water Connected
Parking Features
Paved
Other Features
Community Features
None
Patio And Porch Features
Front Porch
Lot Features
Level
Subdivision Name
None
Price History
| Date | Event | Price |
|---|---|---|
08/25/2026 Source: | Pending | $195,000 -20.41% $66/sqft |
08/20/2026 Source: | Listed for Sale | $245,000 $84/sqft |
07/19/2026 Source: | Pending | $245,000 $84/sqft |
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Based on information from the Greater Chattanooga REALTORS® (or, alternatively, from the MLS of Chattanooga, Inc.) through Oct 09, 2026, 02:30PM. IDX information is provided exclusively for consumers' personal, non-commercial use; it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS. © 2026 the Greater Chattanooga REALTORS®. All Rights Reserved. Angela Fowler | Angela Fowler Real Estate, LLC. | (423) 320-4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.