

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 4 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 The Gideon Group® shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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