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 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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