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1745 Carolina Avenue NE
1745 Carolina Avenue NE
1745 Carolina Avenue NE
1745 Carolina Avenue NE
1745 Carolina Avenue NE
1745 Carolina Avenue NE
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Courtesy of Gina Shumway, Keller Williams Realty,770-686-9366
$479,000

1745 Carolina Avenue NE

2,280 Sq.Ft. 7,405.2 Sq.Ft.

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

Schedule your showing today and explore the income potential.

Note: Images are STOCK/AI generated images. Building will be completed in its likeness. This is a new construction duplex with estimated completion date of July 2026

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Location

1745 Carolina Avenue NE, Cleveland, TN 37311

Status

Pending

Property Amenities

Interior
Laundry room Laundry Closet, Laundry Room
Appliances Oven, Microwave, Dishwasher
Flooring Luxury Vinyl
Other Interior Features Kitchen Island
Area & Lot
Total area 2,280 Sq.Ft.
Lot Area 7,405.2 Sq.Ft.
Living area 2,280 Sq.Ft.
MLS® ID 1528460
Year Built 2025
High School Cleveland High
Middle School Cleveland Middle
Elementary School Mayfield Elementary
Type Multi-Family
Status Pending
Exterior
Stories 2
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Parking Off Street, On Street
Utilities Electricity Connected, Sewer Connected, Sewer Not Available, Water Connected
Finance
Sales Price $479,000
Real Estate Tax $82 yearly
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Schedule a Showing

I would love to show you this beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Thank you for your interest in 1745 Carolina Avenue NE, Cleveland, TN 37311. We are reviewing your request and will be in touch shortly!

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