Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 3-bathroom residential multi family at 2861 Michigan Ave Road NE in Cleveland, TN is listed for $999,900 ($202 per sqft). Built in 1997, the home offers 4,948 sqft of living space on a N/A lot.
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.
Key Features
- Built in 1997
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2861 Michigan Ave Road NE
Cleveland, TN 37323
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 3-bathroom residential multi family at 2861 Michigan Ave Road NE is listed at $999,900 ($202/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1997, 2 stories. Interior Features: Open Floorplan.
This property is listed by Sommer Oder and can be reached at 4237906592 or sommeroder@gmail.com.

























