3540 Adkisson Drive Nw Cleveland, TN 37312

PRICED AT $1,600,000

Listing Details

  • $1,600,000
  • MLS# 20261430
  • Type Multi Unit - Multiple
  • Status Active
  • 16 full Bathrooms
  • 5,022 Square Feet
  • 202 x 201 Lot Size
  • 1986 Year Built

Description

This 16-unit multifamily opportunity (two buildings with 8 units each) offers a compelling value-add investment in a high-demand rental corridor adjacent to Cleveland State Community College.The property consists of all 1 bed / 1 bath units, ideally suited for student housing, providing consistent occupancy potential and reliable rental demand. Constructed of low-maintenance brick, the asset includes an on-site laundry facility, creating an additional income stream opportunity.With its prime location near campus, tenants benefit from walkable access to school and a short drive to restaurants, retail, and I-75, enhancing long-term desirability.Value-add...read more

Features

  • Electric Range
  • Electric Water Heater
  • Refrigerator
  • Central Air
  • Laminate
  • Central, Electric
  • $5,907 Taxes
  • Public
  • Built in 1986
View All Features

Contact the Listing Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Basement: Other
  • Community Features: Other
  • Cooling: Central Air
  • Days on Site: 62
  • Exterior: Brick, Brick Veneer, Other
  • Flooring: Laminate
  • Heating: Central, Electric
  • Home Style: Other
  • Interior: Other
  • Laundry: Other
  • Lot Description: Level, Cleared
  • Lot Dimensions: 202 x 201
  • Lot Size: 202 x 201
  • Owner Pays: Exterior Maintenance, Insurance, Repairs, Taxes
  • Parcel Number: 033m F 03400 000
  • Parking: Paved, Concrete
  • Pool Features: None
  • Roof Type: Shingle
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Sqft Below Grade: 2511
  • Taxes: $5,907
  • Tenant Pays: Telephone, Electricity
  • Units: 16
  • Utilities: Water Connected, Sewer Connected, Cable Available, Electricity Connected
  • Water: Public
  • Year Built: 1986