2120 Cleveland Avenue
Chattanooga, TN 37404
3
Bed
1
Bath
1,040Sqft
0.50Acre(Lot)
PRICE IMPROVEMENT - $205,900 | INCOME-PRODUCING CHATTANOOGA RENTAL Investor opportunity with an established tenant and lease already in place. 2120 Cleveland Ave currently generates $1,628 per month in rental income, with the existing lease running through January 31, 2027. For investors looking to add multiple doors, this property is also available as part of a three-home Chattanooga rental portfolio with 1725 Newton St and 1307 Wheeler Ave. The portfolio currently produces a combined $4,654 per month / $55,848 annually in scheduled gross rent. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. The portfolio offers immediate rental income, three established tenancies and staggered lease expirations, allowing an investor t
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 5 Has Basement: Yes Basement: Crawl Space -
Flooring Information
Hardwood, Tile -
Roofing Information
Shingle -
Interior Features
High Speed Internet, Open Floorplan Roof: Shingle Appliances: Electric Water Heater Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: Central Air, Electric
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Building Information
Year Built: 1940 Building Area Total: 1040 Construction Materials: Vinyl Siding Stories: 1 Patio And Porch Features: Deck, Patio, Porch, Covered Private Pool: No -
Exterior Features
Exterior Features: Other
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Lot Information
Lot Dimensions: 40X88.5 Main Square Feet: 0.5 Acres Lot Size Acres: 0.5 Lot Size Square Feet: 21780 Lot Description: LevelProperty Information
Subdivision: Stanleys Of Delong Tract Source Property Type: Residential MLS Area Minor: Chattanooga Property SubType: Single Family Residence Levels: One Property Age: 86
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Listing Price Information
Listing Price: $205900 Cash, Conventional, FHA
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Tax Information
Parcel Number: 146f J 037 Annual Tax: $1255.1 Tax Legal Desc: Lt 118 Stanley Sub Of Delong Tr Pb 2 Pg 14
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Parking Information
Off Street
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School Information
Elementary School: Orchard Knob ElementaryJunior High School: Orchard Knob MiddleSenior High School: Brainerd High -
Utility Information
Cable Available, Electricity Available, Phone Available, Sewer Connected -
Location Information
Direction: East on Third Street left on North Orchard Knob Right on Cleveland Ave WaterSource: Public, Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1121 Orangewood Avenue, Chattanooga, TN, 37404 | $279,900 | 4 | 2 | 1,213 | -- |
| 3018 Saint Paul Street, Chattanooga, TN, 37404 | $355,000 | 4 | 2 | 2,031 | 0.42 Acre |
| 1203 Nellie Street, Chattanooga, TN, 37404 | $289,900 | 3 | 2 | 1,598 | 0.27 Acre |
| 551 N Crest Court, Chattanooga, TN, 37404 | $1,790,000 | 6 | 9 | 10,147 | 0.70 Acre |
| 551 N Crest Court, Chattanooga, TN, 37404 | $1,790,000 | 6 | 9 | 10,147 | 0.70 Acre |
| 500 N Crest Road, Chattanooga, TN, 37404 | $1,145,000 | 5 | 4 | 5,116 | 7 Acres |
| 3107 Colyar Drive, Chattanooga, TN, 37404 | $985,000 | 4 | 3 | 2,268 | 0.25 Acre |
| 2 S Crest Road, Chattanooga, TN, 37404 | $209,900 | 6 | 7 | 2,556 | 0.36 Acre |
| 54 Shallowford Road, Chattanooga, TN, 37404 | $895,000 | 4 | 3 | 4,307 | 2.50 Acres |
| 1722 Stanfiel Street, Chattanooga, TN, 37404 | $150,000 | 2 | 1 | 1,008 | -- |
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ByOwner last updated this listing 09/27/2026 @ 13:40
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