Pending

1745 Carolina Avenue

Cleveland, TN 37311
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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, d ining, 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 A rare chance to secure a high-performing property in one of Cleveland's most desirable rental corridors. Schedule your showing today and explore the income potential. Note: Images are STOCK/AI generated images. This is a new construction duplex with estimated completion date of July 2026

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Detail Ic Property Details

Property Type : Residential Income

Price : $479,000

AD Id : 88242589

MLS Id : RTC3298215

Living Area Size : 1,140

Year Built : 2025

County : Bradley County

Subdivision: Mac Farlane S Additions To West Tampa

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Feature Features

  • Flooring Information

    Construction Materials: Fiber Cement
  • Heating & Cooling

    Heating: Central Has Heating: Yes Cooling: Central Air Has Cooling: Yes WaterSource: Public

  • Building Information

    Year Built: 2025

  • Property Information

    Property Type: Residential Income Structure Type: Duplex

  • Listing Price Information

    Original List Price:$479000

  • Tax Information

    Annual Tax: $82 Parcel Number: 050I J 02500 000

  • Parking Information

    On Street

  • School Information

    Elementary School: Mayfield Elementary Junior High School: Cleveland Middle Senior High School: Cleveland High
  • Utility Information

    Water Available Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: Craigmiles Park Place City: Cleveland Direction: .
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1575 Strawberry Lane, Cleveland, TN, 37311 $249,900 3 2 1,149 1,149 SqFt
1575 Strawberry Lane, Cleveland, TN, 37311 $249,900 3 2 1,149 1,149 SqFt
1025 Hawk Street, Cleveland, TN, 37311 $199,900 3 1 1,056 1,056 SqFt
1025 Hawk Street, Cleveland, TN, 37311 $199,900 3 1 1,056 1,056 SqFt
1180 Sunset Trail, Cleveland, TN, 37311 $279,900 3 3 1,932 1,932 SqFt
1180 Sunset Trail, Cleveland, TN, 37311 $279,900 3 3 2,268 2,268 SqFt
2525 Parkside Place, Cleveland, TN, 37311 $825,000 3 3 2,930 2,930 SqFt
2525 Parkside Place, Cleveland, TN, 37311 $825,000 4 3 3,100 3,100 SqFt
2664 Spring Creek Drive, Cleveland, TN, 37311 $479,000 3 3 1,822 1,822 SqFt
2664 Spring Creek Drive, Cleveland, TN, 37311 $479,000 3 4 1,822 1,822 SqFt
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ByOwner last updated this listing 08/09/2026 @ 18:20

MLS: REALTRAC #3298215 LISTED BY: Gina Shumway, Greater Chattanooga Realty, Keller Williams Realty 423-664-1600 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

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