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Listing Detail - Nashville Home and Farms

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Cleveland, TN 37323 2861 Michigan Ave Road NE

2861 Michigan Ave Road NE Cleveland, TN - Image 12861 Michigan Ave Road NE Cleveland, TN - Image 22861 Michigan Ave Road NE Cleveland, TN - Image 3
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2861 Michigan Ave Road NE Cleveland, TN - Image 42861 Michigan Ave Road NE Cleveland, TN - Image 52861 Michigan Ave Road NE Cleveland, TN - Image 62861 Michigan Ave Road NE Cleveland, TN - Image 72861 Michigan Ave Road NE Cleveland, TN - Image 82861 Michigan Ave Road NE Cleveland, TN - Image 92861 Michigan Ave Road NE Cleveland, TN - Image 102861 Michigan Ave Road NE Cleveland, TN - Image 112861 Michigan Ave Road NE Cleveland, TN - Image 122861 Michigan Ave Road NE Cleveland, TN - Image 132861 Michigan Ave Road NE Cleveland, TN - Image 142861 Michigan Ave Road NE Cleveland, TN - Image 152861 Michigan Ave Road NE Cleveland, TN - Image 162861 Michigan Ave Road NE Cleveland, TN - Image 172861 Michigan Ave Road NE Cleveland, TN - Image 182861 Michigan Ave Road NE Cleveland, TN - Image 19
Presented By: RE/MAX Experience;
  • MLS# 3214706
  • 04/07/2026
  • Request Tour
  • Request Info
  • SQFT • 4,948

Home Details

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.
Presented By: RE/MAX Experience;

Interior Features for 2861 Michigan Ave Road NE

Other Interior Features

Above Grade Finished Area Unit TypeSquare Feet
Air Conditioning Y/NYes
Below Grade Finished Area Unit TypeSquare Feet
FlooringLaminate
Heating Y/NYes

General for 2861 Michigan Ave Road NE

Attached Garage No
Building Area UnitsSquare Feet
Buyer FinancingConventional, Seller Financing, Other
CityCleveland
Construction MaterialsVinyl Siding, Other
CoolingCentral Air
CountyBradley County, TN
DirectionsFrom I-75 take Paul huff parkway all the way to Stuart Rd and continue all the way to Michigan Avenue. Take a right onto Michigan Avenue and the property is on the right.
Elementary SchoolMayfield Elementary
HeatingCentral
High SchoolCleveland High
LevelsThree Or More
Living Area4948
Living Area UnitsSquare Feet
Lot Size UnitsAcres
Middle/Junior High SchoolCleveland Middle
New ConstructionNo
Number Of Units Total5
PossessionClose Of Escrow
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount1327
Tenant PaysOther
UtilitiesWater Available
Year Built1997
Year Built DetailsExisting

Exterior for 2861 Michigan Ave Road NE

Building Area Total4948
Parking FeaturesConcrete
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Mayfield Elementary
High School Cleveland High
Middle School Cleveland Middle

Anthony Martin

Agent | Owner
Price $999,900
MLS#3214706
List Date 04/07/2026
Property Type Multi-Family
Request Tour
Request Info
Visit My Website

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