319 Brown Ave NW, Cleveland, TN 37311
PENDING

319 Brown Ave NW
Cleveland, TN 37311

  • Studio
  • 3,000 sqft
  • Studio
  • 3,000 sqft

$429,900

Est. Mortgage $2,509/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Great Investment opportunity!
Income producing 4 unit. All currently rented. Great city location near Lee University.
All units are 2 bedroom/1 bath. Tenants pay all utilities. Separate water meters and electric meters to each unit. Each unit has cosmetic updates within the past 2 years (flooring, light fixtures, paint). Two units have PTAC units (2 years old); two units have central heat/air. Each unit has washer/dryer hookup.
Unit 1 rents $775.
Unit 2 rents $850.
Unit 3 rents $750.
Unit 4 rents $750.

Home Highlights

Parking
Open Parking
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$143
Listed
73 days ago

Home Details for 319 Brown Ave NW

Interior Features

Interior Details
Basement: Finished
Beds & Baths
Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 3000 Square Feet
Appliances & Utilities
Utilities: Water Connected, Sewer Connected, Electricity ConnectedAppliances: Electric Range, RefrigeratorLaundry: See RemarksRefrigerator
Heating & Cooling
Heating: See RemarksAir Conditioning: See RemarksHas HeatingHeating Fuel: See Remarks
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Vinyl
View
No View

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: NoneExterior: NoneFoundation: Block, Permanent
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1500 Square FeetFinished Area (below surface): 1500 Square Feet

Days on Market

Days on Market: 73

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex, Multi FamilyArchitecture: Ranch
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Condition: Updated/RemodeledParcel Number: 049k H 01500 000

Price & Status

Price
List Price: $429,900Price Per Sqft: $143
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Pending

Location

Direction & Address
City: Cleveland
School Information
Elementary School: ArnoldJr High / Middle School: ClevelandHigh School: Cleveland

Agent Information

Listing Agent
Listing ID: 20240453

Building

Building Area
Building Area: 3000 Square Feet

Community

Community Features: None

HOA

No HOA

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Miscellaneous

BasementMls Number: 20240453

Additional Information

None
Last check for updates: about 9 hours ago
Listing courtesy of Kristen Grisham, (423) 715-8828
Award Realty II, (423) 476-3205
Source: RCAR, MLS#20240453

Price History for 319 Brown Ave NW

DatePriceEventSource
03/24/2024$429,900PendingRCAR #20240453
03/14/2024$429,900PendingToActiveRCAR #20240453
03/07/2024$439,000ContingentRCAR #20240453
03/04/2024$439,000PriceChange
RCAR #20240453
02/19/2024$449,900PriceChange
RCAR #20240453
02/05/2024$459,900Listed For SaleRCAR #20240453
04/24/2023ListingRemovedRCAR #20228588
12/10/2022$549,900Listed For SaleRCAR #20228588
01/28/2021$189,500Sold
RCAR #20210328
01/14/2021$189,500Listed For SaleAgent Provided
12/08/2016$111,500Sold
N/A
06/27/1995$63,500Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$862
Assessment$149,800
Home facts updated by county records

Comparable Sales for 319 Brown Ave NW

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.83
Multi-Family Home
$180,000
05/25/23
4
2
2,580
1.17
Multi-Family Home
$247,500
04/28/23
-
2,407
1.34
Multi-Family Home
$235,000
12/01/23
-
2,400
1.34
Multi-Family Home
$235,000
12/01/23
4
4
2,400
1.32
Multi-Family Home
$255,000
06/14/23
4
3
1,960

What Locals Say about Cleveland

  • Patsy Alston
    "I have lived here for 3 years. This area is safe and the neighbors look out for each other. The only drawback is the speed of non residents as they use a cut thru. "
    1
    Flag
  • Aschrock1
    "Very typical, friendly Southern city. Great schools, churches, colleges and a university. Many old and new subdivisions due to growth. Easy drive to Atlanta, Chattanooga, Knoxville, Nashville, etc as we are very centrally located. Just be kind to everyone if you move here and it will be reciprocated. "
    1
    Flag
  • Trulia User
    "Close to everything. Country feel but within city limits. It is a very nice place to live. Nice size lots in this neighborhood."
    1
    Flag
  • Trulia User
    "Close to Mouse Creek Road, which can be busy. Most lots here are around acre so fencing can get pricey…. however, my dogs love to run in our large yard rcprciallu when the neighbors dogs are out too.. they like to race back and forth along the fence."
    0
    Flag
  • Trulia User
    "This neighborhood is for people who don’t like the suburban life but still want to be close to the city "
    0
    Flag

LGBTQ Local Legal Protections

Kristen Grisham, Award Realty II
The data relating to real estate for sale on this web site comes in part from the IDX Program of the River Counties Multiple Listing Service, Inc.
© Copyright 2024. All rights reserved
Data is updated as of 2024-02-09 11:49:09 PST. Some properties, which appear for sale on this web site, may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advised interested parties to confirm the data before relying on it in a purchase decision. Some or all of the listings displayed may not belong to the firm whose website is being visited
The information provided is for the consumers' 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 listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
319 Brown Ave NW, Cleveland, TN 37311 is a studio, 3,000 sqft multi-family built in 1950. This property is currently available for sale and was listed by RCAR on Feb 5, 2024. The MLS # for this home is MLS# 20240453.