About 2861 Michigan Ave Road Ne
Excellent investment opportunity to own a fully tenant-occupied 5-unit townhouse property in a desirable, high-demand location. Each spacious unit features 2 bedrooms and 1.5 bathrooms with a functional townhouse-style layout that offers comfortable living and strong tenant appeal. With all five units currently occupied, this turnkey property provides immediate rental income and has a strong rental history. Conveniently located near shopping, restaurants, schools, and other everyday amenities, the property is well positioned for continued rental demand and long-term investment potential. Partial owner financing is available, offering qualified buyers additional flexibility when structuring the purchase. Don't miss this opportunity to add a stable, income-producing multifamily property with an established tenant base to your investment portfolio. Financial information is available upon request.
Features of 2861 Michigan Ave Road Ne
| MLS® # | 3510679 |
|---|---|
| Price | $899,900 |
| Bathrooms | 0.00 |
| Square Footage | 4,948 |
| Acres | 0.00 |
| Year Built | 1997 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 2861 Michigan Ave Road Ne |
|---|---|
| City | Cleveland |
| County | Bradley County, TN |
| State | TN |
| Zip Code | 37323 |
Amenities
| Utilities | Water Available |
|---|---|
| Garages | Concrete |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Roof | Shingle |
|---|---|
| Construction | Vinyl Siding, Other |
School Information
| Elementary | Mayfield Elementary |
|---|---|
| Middle | Cleveland Middle |
| High | Cleveland High |
Additional Information
| Date Listed | August 12th, 2026 |
|---|---|
| Days on Market | 29 |
| Foreclosure | No |
| Short Sale | No |
| Data Source | REALTRACS as distributed by MLS GRID |
Listing Details
| Office | RE/MAX Experience |
|---|