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Active
  • $2,250,000

    101 Blythe Ferry Rd NE, Cleveland, TN 37312

    16beds
    16baths
    3,762sqft
    : 
    $13,795/mo
    Get pre-qualified
    Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $598/sqft
    $-- HOA

    What's special

    Two adjoining parcelsAdjacent lots
    15-Unit Multi-Family Investment Portfolio — Cleveland, TN. 101 & 103 Blythe Ferry Rd NE | 3805 & 3809 Charleston Drive NE, Cleveland, TN. Rare Turnkey Multi-Family Opportunity — 15 Units Across Two Adjacent Lots. A standout investment opportunity for the serious multi-family buyer: four established residential buildings totaling 15 units, situated on two adjoining parcels in Cleveland, TN, with additional room on the lot to build if the buyer wishes to expand the portfolio further. Why This Portfolio Stands Out • Scale in one transaction — four buildings, 15 units, acquired together for immediate portfolio growth • Adjacent lots — Blythe Ferry Rd and Charleston Drive properties sit side by side, simplifying management, maintenance, and oversight • Uniform unit mix — every unit offers 2 bedrooms and 1.5 baths, streamlining marketing, leasing, and maintenance • Room to grow — 3815 Charleston Drive NE additional buildable space on the lot offers future upside for an investor looking to add units or amenities • Professionally managed — currently under management by Gilbert Property Management, offering a smooth transition for a new owner Prime Location Ideally situated at the convergence of Blythe Ferry Road, Ocoee Street, and Charleston Drive in Cleveland, TN, this portfolio offers residents and investors alike a highly convenient location. The area provides easy access to shopping, dining, and medical offices, along with quick connectivity to Interstate 75 — a major draw for tenants and a strong indicator of long-term rental demand. Investment Highlights Whether you're expanding an existing rental portfolio or entering multi-family investment at scale, this package offers immediate cash-flowing units, a desirable and consistent floor plan across all properties, and expansion potential rarely available in a single listing. Contact us today for more information and to schedule a tour of this exceptional multi-family investment opportunity.
    42 days
    116
    10

    Zillow last checked:

    Listing updated:

    Listed by:

    William Eilf 423-813-9800,

    Keller Williams Cleveland 423-303-1200

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3526541MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 16
      Heating
      • Other
      Cooling
      • Electric
      Features
      • Flooring: Carpet, Vinyl
      Interior area
      • Total structure area: 3,762
      • Total interior livable area: 3,762 sqft
      • Finished area above ground: 3,762

      Property

      Parking
      • Parking features: Paved
      Features
      • Levels: Two
      • Stories: 2
      Details
      • Parcel number: 042G H 00102 000
      • Zoning: Commercial
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick, Wood Siding
      Condition
      • New construction: No
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Water Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Cleveland

      Financial & listing details

      • Price per square foot: $598/sqft
      • Tax assessed value: $575,700
      • Annual tax amount: $5,194
      • Date on market: 8/25/2026
      • Inclusions: Appliances
      • Total actual rent: 4190
      • Tenant pays: Electricity, Gas, Water
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/25/2026Listed for sale$2,250,000+373.7%$598/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3526541 Report a problem
        4/22/1996Sold$475,000$126/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $230,280 +342.5%
        2024$749 $52,040
        2023$749 $52,040
        2022$749 -54.3%$52,040
        2021$1,640 -53.4%$52,040 -43.1%
        2019$3,516 +2%$91,520
        2018$3,449 0%--
        2017$3,449 +14.7%--
        2016$3,006 --
        2015$3,006 --
        2014$3,006 --
        2013-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37312

        Getting around

        52 / 100
        Somewhat Walkable
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: E.L. Ross and D.P. Yates Elementary
        • Middle: Cleveland Middle
        • High: Cleveland High

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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