Company Logo
Refine Search

1745 Carolina Avenue Ne, Cleveland, TN 37311

$479,000
  • 1745 Carolina Avenue Ne, Cleveland, TN 37311 Main Photo

6 Total Photos [Click to View All]

Pending
BEDS0 BATHS2 full SQUARE FEET1,140 MLS#20260809
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCraigmiles Park Place

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

1745 Carolina Avenue Ne | MLS# 20260809

This multi-family property located at 1745 Carolina Avenue Ne, Cleveland, TN 37311 is currently listed for sale with an asking price of $479,000. Search Cleveland real estate on www.clhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Heating: Central
Home Style: Other
Roof Type: None
Taxes: $81
Year Built: 2025

Feature Descriptions

Appliances: Other, Washer, Dishwasher, Electric Oven, Microwave
Community Features: None
Days on Site: 24
Exterior: HardiPlank Type
Exterior: See Remarks
Flooring: None
Interior: Kitchen Island
Laundry: Laundry Room, Laundry Closet
Lot: Level
Parcel Number: 050i J 02500 000
Parking: On Street, Off Street
Pool Features: None
Sewer: Public Sewer
Sqft Below Grade: 1140
Units: 2
Utilities: Water Connected, Sewer Connected, Electricity Available
Water: Public

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty - Chattanooga - Lee Hwy

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: RCAR MLS

Estimate Your Payment

Estimated Payment

$ 1,212.50 per month $1,066.05 Principal & Interest $6.75 Property Tax $139.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel