1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
1911, 1913 , 1915, 1917 Cypress Lane, Lot 24
VIEW PHOTOS
Courtesy of Gina Shumway, Keller Williams Realty,423-218-2108
$1,100,000

1911, 1913 , 1915, 1917 Cypress Lane, Lot 24

12 Beds 12 Baths 6,080 Sq.Ft. 0.57 Acres

Description

Don't miss out on this rare opportunity to acquire four townhomes across two buildings in Cleveland, Tennessee, only one year old and fully occupied. This turnkey portfolio currently generates approximately $7,000 in gross monthly rental income--$84,000 annually--providing immediate cash flow from day one. The property is located within an HOA with low monthly dues that cover exterior maintenance, offering investors the advantage of simplified, low-maintenance ownership. With newer construction, established tenants, and HOA-maintained exteriors, this portfolio is positioned to minimize many of the maintenance concerns associated with older multifamily investments. Conveniently located near shopping, banking, everyday amenities, and highway access, the townhomes offer an excellent location for tenants with quick access throughout Cleveland and the surrounding area. With 100% occupancy, strong existing rental income, newer construction, and eight income-producing units available in a single acquisition, this is a unique opportunity to immediately add scale to an investment portfolio without the renovation and lease-up typically associated with multifamily acquisitions. Investment Highlights: 4 townhomes * 1 building * Cleveland, TN * Only 1 year old * 100% occupied * Approximately $7,000/month gross rental income * Approximately $84,000/year gross rental income * Low HOA dues * Exterior maintenance covered by HOA * Convenient to shopping, banking, amenities, and highway access. Listing pictures are examples of buildings throughout neighborhood townhomes and may not reflect exact photos from these units, but build quality and floorplan is the same.

Share Property

Location

1911, 1913 , 1915, 1917 Cypress Lane, Lot 24, Cleveland, TN 37323

Status

For Sale

Property Amenities

Interior
Laundry room Laundry Closet
Appliances Refrigerator, Oven, Microwave, Dishwasher
Total Bedrooms: 12
Other Interior Features Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting
Area & Lot
Total area 6,080 Sq.Ft.
Lot Area 0.57 Acres
Living area 6,080 Sq.Ft.
MLS® ID 1542149
Year Built 2025
High School Cleveland High
Middle School Cleveland Middle
Elementary School Blythe Bower Elementary
Type Multi-Family
Status For Sale
Exterior
Stories 2
Air conditioning Central Air
Heat type Central
Water Source Public
Sewer Public Sewer
Parking Driveway, Garage
Lot Features Paved
Roof Shingle
Utilities Electricity Connected, Sewer Connected, Water Connected
Finance
Sales Price $1,100,000
HOA Fees $600 yearly
Real Estate Tax $8,624 yearly
image

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.

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 1911, 1913 , 1915, 1917 Cypress Lane, Lot 24, Cleveland, TN 37323. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Work With Tim

If you're thinking about buying or selling real estate, you have found the right place. Contact Tim Adams today!

FOLLOW ME