2861 Michigan Ave Road, NE, Cleveland, TN 37323

• 4,948 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 7, 2026

Data Last Updated:

June 24, 2026 at 5:18PM

Listing Office:

RE/MAX Experience : 4237903086

Listing Agent:

Sommer Oder-Bailey : 4237906592

MLS ID:

3214706

Interior

• Flooring: Laminate
• A/C: Central Air
• Heating: Central

Exterior

• Parking: ConcreteParking spaces: 0

Construction

• Roofing: Shingle
• General: Three Or More

Location

• Originating MLS: realtrac
• County: Bradley CountyTN

Lot

• Zoning: 050L B 01700 000

Utilities

• Utilities: Water Available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: realtrac