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1745 Carolina Avenue Ne, 
Cleveland, TN 37311

$479,000


Bed


Bath


2,280

Sq Ft


Multi-Family

Active

Listed by

Gina Shumway

Keller Williams Realty

423-664-1600

Last updated:

February 15, 2026, 03:36 PM

MLS#

1528460

Source:

TN CAR

About This Home

1745 Carolina Avenue Ne

Pre-sale on this FANTASTIC NEW CONSTRUCTION opportunity!! Located in the heart of Cleveland, Tennessee and just a short walk to Lee University, this versatile 3-bedroom, 2-bath duplex offers an exceptional opportunity for both investors and owner-occupants. Each side provides a functional layout ideal for traditional family rentals or high-yield student housing. With its unbeatable proximity to campus, this property is perfectly positioned for rent-by-the-room strategies, creating the potential for significantly higher returns compared to standard long-term leasing. Whether you're targeting steady family tenants or maximizing income with student demand, this duplex delivers flexibility, location, and upside. Walking distance to classes, dining, and local amenities makes it especially attractive to Lee University students, while the neighborhood setting also appeals to small families and professionals. Estimated rent for each side is approximately $1850/month or rent by the room to students at an estimated $1000/month. As an added bonus, seller is roughing in plumbing in the basement so that a THIRD unit can be built out at a later time, making this an effective triplex when you're ready. Value add galore! Highlights: 3 bedrooms / 2 bathrooms each side Duplex configuration with multiple income strategies Walkable to Lee University Strong rental demand area Ideal for house hacking, long-term rentals, or student co-living housing Excellent opportunity to increase cash flow through room-by-room leasing Basement with plumbing roughed in to allow for a third unit build out at buyer's convenience A rare chance to secure a high-performing property in one of Cleveland's most desirable rental corridors. Schedule your showing today and explore the income potential. Note: Images are STOCK/AI generated images. Building will be completed in its likeness. This is a new construction duplex with estimated completion date of July 2026.

Home Facts

Multi-Family

Built in 2025

Price Summary

479,000

$210 per Sq. Ft.

MLS #:

1528460

Last Updated:

February 15, 2026, 03:36 PM

Added:

5 day(s) ago


Rooms & Interior

Interior

Living Area:

2,280 Sq. Ft.


Structure

Structure

Building Area:

2,280 Sq. Ft.

Year Built:

2025


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$479,000

Price per Sq. Ft:

$210 per Sq. Ft.

Source:TN CAR
The information being provided by Greater Chattanooga Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Chattanooga Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.