$479,000

1745 Carolina Avenue, NE, Cleveland, TN 37311

  • 1,140 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $420/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Buyer to verify square footage and school zones. Pre-sale on this FANTASTIC NEW CONSTRUCTION opportunity!! Located in the heart of Cleveland, Tennessee and just a short walk to Lee University, this versatile 3-bedroom, 2-bath duplex offers an exceptional opportunity for both investors and owner-occupants. Each side provides a functional layout ideal for traditional family rentals or high-yield student housing. With its unbeatable proximity to campus, this property is perfectly positioned for rent-by-the-room strategies, creating the potential for significantly higher returns compared to standard long-term leasing. Whether you're targeting steady family tenants or maximizing income with student demand, this duplex delivers flexibility, location, and upside. Walking distance to classes, dining, and local amenities makes it especially attractive to Lee University students, while the neighborhood setting also appeals to small families and professionals. Estimated rent for each side is approximately $1850/month or rent by the room to students at an estimated $1000/month. As an added bonus, seller is roughing in plumbing in the basement so that a THIRD unit can be built out at a later time, making this an effective triplex when you're ready. Value add galore! Highlights: 3 bedrooms / 2 bathrooms each side Duplex configuration with multiple income strategies Walkable to Lee University Strong rental demand area Ideal for house hacking, long-term rentals, or student co-living housing Excellent opportunity to increase cash flow through room-by-room leasing Basement with plumbing roughed in to allow for a third unit build out at buyer's convenience A rare chance to secure a high-performing property in one of Cleveland's most desirable rental corridors. Schedule your showing today and explore the income potential. Note: Images are STOCK/AI generated images. This is a new construction duplex with estimated completion date of July 2026

Listing Status:
Pending
Date Added:
July 21, 2026
Data Last Updated:
August 10, 2026 at 7:18PM
Listing Office:
Greater Chattanooga Realty, Keller Williams Realty : 7706869366
Listing Agent:
Gina Shumway : 7706869366
MLS ID:
3298215
  • A/C: Central Air
  • Heating: Central
  • Parking: On StreetParking spaces: 0
  • General: Two
  • Originating MLS: realtrac
  • County: Bradley CountyTN
  • Zoning: 050I J 02500 000
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Gina Shumway , Greater Chattanooga Realty, Keller Williams Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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