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541 20th St, 
Cleveland, TN 37311

$699,900

—

Bed

—

Bath

3,852

Sq Ft

Multi-Family

Active

Listed by

Margie Keller

Compass Group Realty, LLC.

423-284-3056

Last updated:

October 28, 2026, 12:01 PM

MLS#

1360245

Source:

TN KAAR

About This Home

541 20th St

INVESTMENT OPPORTUNITY! WELL-MAINTAINED FOUR-PLEX NEAR LEE UNIVERSITY! Looking for an opportunity to expand your rental portfolio? This well-maintained four-plex offers an excellent opportunity for investors seeking income-producing property in a convenient location! The property features four individual units, including two end units with 2 bedrooms and 2 baths each, and two middle units with 2 bedrooms and 1 bath each. All four units offer individual washer and dryer hookups, providing added convenience and appeal for tenants. Conveniently located just off Keith Street and within walking distance of Lee University, this property offers easy access to shopping, dining, schools, and other local amenities. Whether you're an experienced investor looking to grow your portfolio or entering the rental market, this four-plex offers versatility, convenience, and income-producing potential. Four units, one investment, and an opportunity to build for the future!

Home Facts

Multi-Family

Built in 1989

Subdivision & Development:

Cannon & Willis Prop

Price Summary

699,900

$181 per Sq. Ft.

MLS #:

1360245

Last Updated:

October 28, 2026, 12:01 PM

Added:

5 day(s) ago

Rooms & Interior

Interior

Living Area:

3,852 Sq. Ft.

Structure

Structure

Building Area:

3,852 Sq. Ft.

Year Built:

1989

Finances & Disclosures

Finances

Price:

$699,900

Price per Sq. Ft:

$181 per Sq. Ft.

Source:TN KAAR
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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.