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Listed by Gina Shumway • Greater Chattanooga Realty, Keller Williams Realty
$479,000
Est. payment /mo
1,140 SqFt
Pending
1745 Carolina Avenue #NE Cleveland, TN 37311
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Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $420
Subdivision Craigmiles Park Place
MLS Listing ID 3298215
HOA Y/N No
Year Built 2025
Annual Tax Amount $82
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
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
Location
State TN
County Bradley County
Interior
Heating Central
Cooling Central Air
Fireplace N
Exterior
Utilities Available Water Available
View Y/N false
Private Pool false
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Fiber Cement
New Construction true
Schools
Elementary Schools Mayfield Elementary
Middle Schools Cleveland Middle
High Schools Cleveland High
Others
Senior Community false
Special Listing Condition Standard
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