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Listed price in listed location currency (USD).
$2,500,000

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MLS® 1522203

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 12496 sqft
Garage Yes
Taxes $303
Days Active 70
Lot Size 3.01 acres
Approx. Age 2026
Avg. Price Per Sqft $200
MLS® Number 1522203

Property Address: 1907 Gate Tower Way Ne, Cleveland, TN, 37312

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

Description

New Construction Package! Under construction with estimated completion early 2026. Designed and built for low maintenance. Great opportunity for a VA/FHA buyer's primary residence with future income. 1031 Exchange Welcome. PACKAGE INCLUDES 4 PARCELS CONSISTING OF: TWO Four-Family/ Quadplex buildings for a total of 8 doors ready to rent at completion, PLUS TWO adjacent building lots zoned R-2. Residential R-2 allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. EACH RESIDENCE WILL HAVE an estimated 1562 sq ft, 3 bedrooms, 2 and a half bathrooms, one car garage, 9 foot ceilings on the main level, vaulted ceilings in all bedrooms with ceiling fans, 2 story foyer, LVP flooring, custom soft close white cabinets, granite countertops, kitchen island, stainless steel appliances, and back patio with lawn area. Enjoy future rental income with the first two buildings allowing cash flow while you build two additional Four-Family/ Quadplex buildings on the two adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for lots. Property taxes to be determined. Information is deemed reliable but is not guaranteed. Buyers are responsible to independently verify all information. Agent has a personal interest. Local Lender recommendations available. Owner financing not available. PACKAGE INCLUDES: Gate Tower Way NE Lots 49, 50, 51, 52 Parcel Id/ Tax ID: 050E H 039.00, 050E H 040.00, 050E H 017.00, and 050E H 018.00). APPOINTMENTS REQUIRED - NO TRESPASSING. Call for more information. WILLING TO SELL EACH 4 Family/ Quadplex individually.
MLS® Number1522203
Laundry LevelUpper Level, Washer Hookup
Central VacNo
FireplaceNo
Acreage3.01
Exterior
GarageYes
Approx. Age2026
Basement
DrivewayConcrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces8
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 11, 2025List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1907 Gate Tower Way Ne, Cleveland, TN

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