1745 Carolina Avenue, Cleveland, Tennessee 37311
TN, Cleveland-
Pending Status
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Day 206 As Pending Contingencies met - pending close
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Residential Income Property Type
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1140 Total Sqft $420/sqft
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2025 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
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, dining, 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
- Property Type: Residential Income
- Listing Type: For Sale
- MLS #: 3298215
- Price: $479,000
- Square Footage: 1,140 Sqft
- Year Built: 2025
- Office Name: Greater Chattanooga Realty, Keller Williams Realty
- Agent Name: Gina Shumway
- New Construction: Yes
- Property Attached: Yes
- Listing Status: Pending
- Street Number: 1745
- Street: Carolina Avenue
- City Cleveland
- State TN
- Zipcode 37311
- County Bradley County, TN
- Subdivision Craigmiles Park Place
- Longitude: W85° 8' 15.1''
- Latitude: N35° 9' 59.5''
- Directions: .
- Street Dir Suffix: NE
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Heating System Central
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Cooling System Central Air
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Parking On Street
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Utilities Water Available
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Sewer Public Sewer
- Elementary School: Mayfield Elementary
- Middle School: Cleveland Middle
- High School: Cleveland High
- Water Source: Public
- Building Size: 1,140 Sqft
- Construction Materials: Fiber Cement
- Levels: Two
- Number Of Units Total: 2
- On Market Date: July 21st, 2026
- Previous Price: $479,000
- Stories: 2
- Annual Tax Amount: $82
- Mls Status: Under Contract - Not Showing
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Aug 30th, 2026 @ 10:13am
- Status Change Timestamp: Mar 4th, 2026 @ 11:41am
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