# 2861 Michigan Ave Road NE, Cleveland, TN 37323

> **TL;DR:** 0bd/3ba residential multi family, $999,900 ($202/sqft), built 1997, 4,948 sqft.
> A/C. Est. $4,333/mo. Listed 3 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $999,900 |
| Price/sqft | $202 |
| Bathrooms | 2 full, 1 half |
| Square Feet | 4,948 |
| Year Built | 1997 |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 3 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,333 |
| **Total** | **$4,333** |

## Nearby Schools

- **Elementary:** Mayfield
- **Middle:** Cleveland
- **High:** Cleveland

## Key Amenities

- A/C

## Property Highlights

- Built in 1997
- 2 stories

## Description

### Agent 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.

## Location

- **Address:** 2861 Michigan Ave Road NE, Cleveland, TN 37323
- **County:** Bradley
- **Coordinates:** 35.165875, -84.825642
- **Google Maps:** https://www.google.com/maps?q=35.165875,-84.825642

## Listing Agent

- **Name:** Sommer Oder
- **Brokerage:** RE/MAX Experience
- **Phone:** 4237906592
- **Email:** sommeroder@gmail.com

## Primary Photo

![2861 Michigan Ave Road NE - Primary Photo](http://lh.rdcpix.com/fd330c5f2cb3b960bb1fb6273e865443l-f2464271769r.jpg)

*20 total photos available on [listing page](https://www.propertysimple.com/listing/2861-michigan-ave-road-ne-cleveland-tn-37323-20261783)*

---

**MLS#:** 20261783 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2861-michigan-ave-road-ne-cleveland-tn-37323-20261783)

---

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  "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 sch",
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