Property photo 1
Property photo 2
3 Beds
1 Bath
1,040 sqft

$205,900

2120 Cleveland Avenue, Chattanooga TN, 37404

Price per sqft$197.98
Built in1940
Property size1,040 sqft
Property typeResidential
Courtesy of Chanda Strickland, Best Realty of Chattanooga LLC,423-305-8666

Overview

Active

Listed Aug 10, 2026

Updated 2 weeks ago

PRICE IMPROVEMENT - $205,900 | INCOME-PRODUCING CHATTANOOGA RENTAL Investor opportunity with an established tenant and lease already in place. 2120 Cleveland Ave currently generates $1,628 per month in rental income, with the existing lease running through January 31, 2027. For investors looking to add multiple doors, this property is also available as part of a three-home Chattanooga rental portfolio with 1725 Newton St and 1307 Wheeler Ave. The portfolio currently produces a combined $4,654 per month / $55,848 annually in scheduled gross rent. Individual asking prices total $600,800, or purchase all three for $585,000--a $15,800 portfolio discount. The portfolio offers immediate rental income, three established tenancies and staggered lease expirations, allowing an investor to acquire multiple income-producing properties in a single transaction. Tenant occupied. Please do not disturb tenant. Showings and additional lease information available in accordance with listing instructions.

$1,370/mo

Est. mortgage payment based on a $205,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1540426

Interior Features

Bedrooms
3
Bathrooms
1
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.5 Acres

Other Property Details

Taxes
$1,255
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Chanda Strickland, Best Realty of Chattanooga LLC,423-305-8666 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Samantha Shaw shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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