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USATNClevelandArbors Hills Townhomes19121914 1916
Listing image | Image 1

# 1918-19121914 Cypress Ln, Cleveland, TN

House

For Sale

Listed price in listed location currency (USD).
$1,100,000

12120

MLS® 1542145

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 6080 sqft
Garage Yes
Taxes $8,624
Days Active 3
Lot Size 0.5695 Acres
Approx. Age 2025
Avg. Price Per Sqft $180
MLS® Number 1542145

Property Address: 19121914 1916, 1918 Cypress Lane, Cleveland, TN, 37323

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss out on this rare opportunity to acquire four townhomes across two buildings in Cleveland, Tennessee, only one year old and fully occupied. This turnkey portfolio currently generates approximately $7, 000 in gross monthly rental income--$84, 000 annually--providing immediate cash flow from day one. The property is located within an HOA with low monthly dues that cover exterior maintenance, offering investors the advantage of simplified, low-maintenance ownership. With newer construction, established tenants, and HOA-maintained exteriors, this portfolio is positioned to minimize many of the maintenance concerns associated with older multifamily investments. Conveniently located near shopping, banking, everyday amenities, and highway access, the townhomes offer an excellent location for tenants with quick access throughout Cleveland and the surrounding area. With 100% occupancy, strong existing rental income, newer construction, and eight income-producing units available in a single acquisition, this is a unique opportunity to immediately add scale to an investment portfolio without the renovation and lease-up typically associated with multifamily acquisitions. Investment Highlights: 4 townhomes • 1 building • Cleveland, TN • Only 1 year old • 100% occupied • Approximately $7, 000/month gross rental income • Approximately $84, 000/year gross rental income • Low HOA dues • Exterior maintenance covered by HOA • Convenient to shopping, banking, amenities, and highway access. Listing pictures are examples of buildings throughout neighborhood townhomes and may not reflect exact photos from these units, but build quality and floorplan is the same.
MLS® Number1542145
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2025
BasementUnfinished
DrivewayDriveway, Garage
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Price History

Last Sold Price

$989,000$989K

Appreciation

--

Avg. Days Listed

2 days

Today, For Sale for $1,100,000

20251008143845707387000000-o
For Sale · 3 days

$1,100,000

MLS® 1542145

4 days ago

Not Sold Yet

September 2026, For Sale for $1,100,000

For Sale · 3 days

$1,100,000

MLS® 3541325

3 days ago

Not Sold Yet

  • Sep 4, 2026, For Sale for $1,100,000

September 2025, Sold for $989,000

Sold · 0 days

$989,000

MLS® 2986964

A year ago

Sold on Sep 2, 2025

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