1911 1913 , 1915, 1917 Cypress Lane
Cleveland, TN 37323
12
Bed
12
Bath
6,080Sqft
0.57Acre(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 12 Full Baths: 8 Half Baths: 3Room Information
Has Basement: Yes Basement: Unfinished -
Roofing Information
Shingle -
Interior Features
Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Open Floorplan, Recessed Lighting Roof: Shingle Appliances: Refrigerator, Oven, Microwave, Dishwasher Laundry Features: Laundry Closet -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s)
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Building Information
Year Built: 2025 Building Area Total: 6080 Construction Materials: Concrete, HardiPlank Type Private Pool: No Association Fee Frequency: Annually
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Lot Information
Main Square Feet: 0.57 Acres Lot Size Acres: 0.57 Lot Size Square Feet: 24807.42 Lot Description: PavedProperty Information
Subdivision: Arbor Hills Townhomes Source Property Type: Residential Income Property SubType: Multi Family Levels: Two Property Age: 1
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Listing Price Information
Listing Price: $1100000 Cash
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Tax Information
Parcel Number: 066h B 025.00 Annual Tax: $8624 Tax Legal Desc: Lot 24 Part of Arbor Hills Subdivision
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Parking Information
Driveway, GarageGarage Information
Has Garage: Yes Pets Allowed: YesHomeowners Association InformationHas Association: Yes Included Fees: Maintenance Grounds, Trash HOA: $600.00 Association Amenities: Maintenance Grounds, Parking, Trash Community Features: None
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School Information
Elementary School: Blythe Bower ElementaryJunior High School: Cleveland MiddleSenior High School: Cleveland High -
Utility Information
Electricity Connected, Sewer Connected, Water Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 18081806 1804,1802 Arbo.., Cleveland, TN, 37323 | $1,069,900 | 12 | 12 | 6,080 | 0.14 Acre |
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ByOwner last updated this listing 09/05/2026 @ 17:40
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