Closed
Zestimate®
$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#: 3125752
Price history
| Date | Event | Price |
|---|---|---|
| 1/29/2026 | Sold | $255,000-7.3% |
Source: | ||
| 11/30/2025 | Pending sale | $275,000 |
Source: | ||
| 11/5/2025 | Listed for sale | $275,000-14.1% |
Source: | ||
| 11/4/2025 | Listing removed | $320,000 |
Source: | ||
| 9/26/2025 | Price change | $320,000-3% |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 5/10Mayfield Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Cleveland Middle SchoolGrades: 6-8Distance: 3.7 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 2.3 mi
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.
