1505 Mohawk Court, Cleveland, TN 37311

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Sold Price
$388,000
List Price
$419,500
Closing Date
Jan 30, 2026
MLS#
1294458
Status
CLOSED
Type
Single Family Residential
City
Cleveland
County
Bradley
Living Area
3,848
Lot Size
11,550
Year Built
1970

Property Description

JUST REDUCED AGAIN! 4 PLEX FOR SALE CLEVELAND TN - OWC FIRST W/25% DOWN- STRONG CASHFLOW!!! This well-maintained quadplex in Cleveland offers a value add investment with plenty of rental upside! Units are rented on a month to month basis and Seller is offering great terms - subject to review of buyers financials, with 25% down payment, Seller will carry a 75% first deed of trust at 6%, amortized over 30 years with a balloon 5 years from closing. Recent updates include a new roof (2020) and 3 of 4 HVAC systems replaced in the last 3 years. Tenants pay all utilities, minimizing owner expenses. Unit 2 has been fully renovated with new appliances, new cabinetry, carpet, paint, and updated bathroom. A turnkey property with solid rental income potential! Please see video links for the interiors. As Mohawk is fully occupied, please allow 48 hours to schedule all showings through the listing agents. No sign on property and we respectively request that you do not disturb the residents

Additional Information

Acres
0.27
Appliances
Refrigerator, Range, Dishwasher
Construction
Brick, Other
Cooling
Central Air
Exterior Features
Balcony
Floors
Carpet, Laminate, Tile, Vinyl
Garage
On Premise Parking
Living Area
3,848
Lot Dimensions
125x106
Subdivision
Georgetown Estates
Year Built
1970
Subdivision
Georgetown Estates
Heating
Central, Electric
Num Of Units
4

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Goldman Partners Realty, LLC. Selling Office: .

Agent: Solange Velas |

Office: Goldman Partners Realty, LLC |