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  • $255,000

    3905 Old Tasso Rd NE, Cleveland, TN 37312

    --beds
    --baths
    1.14Acres
    Unimproved Land
    Built in ----
    1.14 Acres Lot
    $255,000 Zestimate®
    $--/sqft
    $1,036 Estimated rent

    Home value

    $255,000

    $242,000 - $268,000

    $1,036/mo

    Zestimate® history
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    What's special

    MULTI FAMILY LOT IN IDEAL LOCATION - Discover a increasing rare and highly strategic investment opportunity in one of Cleveland's fastest-growing corridors. This ±1.14 acre parcel on Old Tasso Road would be perfect for three quads or it has been prelimarily approved for up to 16 multifamily units under an HPR (Horizontal Property Regime), making it ideal for developers or investors seeking to capitalize on Cleveland's booming housing market. Cleveland, TN continues to experience steady and notable population growth, driven by its dynamic local economy, exceptional quality of life, and strategic location near major transportation arteries. The area's population has grown consistently year over year, creating strong demand for new housing, particularly affordable and workforce multifamily options. Adding even greater appeal to this property is Cleveland's ongoing success in attracting major employers and new industry. Multiple national and international companies have announced significant investments in the area, promising robust job creation and further population inflows over the next several years. These include automotive suppliers, advanced manufacturing companies, and distribution centers, all reinforcing Cleveland's reputation as a regional economic powerhouse. This tract's location on Old Tasso Road offers excellent access to both residential amenities and major thoroughfares, ensuring future residents enjoy convenience and connectivity. Combine that with the scarcity of approved multifamily development sites in the area, and this property becomes an exceptional canvas for developers looking to meet Cleveland's rising demand.

    Zillow last checked: 8 hours ago

    Listing updated: February 10, 2026 at 07:19am

    Listing Provided by:

    Jody Gatlin 423-472-2173,

    Bender Realty LLC

    Bought with:

    A Non-Member

    --NON-MEMBER OFFICE--

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3125752MLS Logo

    Facts & features

    Property

    Lot
    • Size: 1.14 Acres
    • Features: Sloped, Level
    • Topography: Sloped,Level
    Details
    • Parcel number: 050 00107 000
    • Special conditions: Standard

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Cleveland

    Price history

    DateEventPrice
    1/29/2026Sold$255,000-7.3%
    Source: RealTracs MLS as distributed by MLS GRID #3125752 Report a problem
    11/30/2025Pending sale$275,000
    Source: RCAR #20255238 Report a problem
    11/5/2025Listed for sale$275,000-14.1%
    Source: RCAR #20255238 Report a problem
    11/4/2025Listing removed$320,000
    Source: RCAR #20252061 Report a problem
    9/26/2025Price change$320,000-3%
    Source: RCAR #20252061 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $71,775 +59.8%
    2024$647 $44,925
    2023$647 $44,925

    Find assessor info on the county website

    Neighborhood: 37312

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mayfield 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.