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1505 Mohawk Court

Cleveland, TN 37311
  • $419,500
  • STATUS: Active Under Contract
  • ON SITE: 302 Days
  • ID#: 1294458
Under Contract
UPDATED: 65 min ago
$419,500
  • 0
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,848
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Ratings & Info

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

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© 2026 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for 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. Some or all of the listings displayed may not belong to Adam Wilson Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Adam Wilson Realty. Data last updated: 2026-01-21T21:47:41.627.
www.adamwilsonrealty.com/homes/161831619
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1505 Mohawk Court Cleveland, TN 37311

  • Price: $419,500
  • Status: Active Under Contract
  • On Site: 302 Days
  • Updated: 65 min ago
  • ID#: 1294458
0
Beds
0
Baths
0
½ Baths
0.27
Acres
3,848
SQFT
$109
$/SQFT
1970
Built
Neighborhood:
Georgetown Estates
County:
Bradley
Area:
Cleveland
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
Exterior Features

Attached Garage YN No Exterior Features Balcony Garage Parking On Premise Parking Yes Parking Features On Premise Parking Roof Metal Yes

Interior Features

Appliances DishwasherRangeRefrigerator Cooling Central Cooling Flooring LaminateCarpetVinylTile Heating CentralElectric Interior Features [] Misc Features Washer Dryer Connect Yes

Property Features

Auction YN No Construction Materials BrickOther Fuel Electric Yes Listing Terms VA LoanOwner Will CarryFHACashConventional New Financing Cash Yes New Financing Conventional Yes New Financing FHA Yes New Financing Owner Will Carry Yes New Financing VALoan Yes Other Structures [] Property Status N/A Security Features [] Utilities []

Listing information © 2026 East Tennessee REALTORS®.
Listing provided courtesy of Goldman Partners Realty, LLC: 865-444-3240.


© 2026 East Tennessee REALTORS®. All rights reserved. IDX information is provided exclusively for 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. Some or all of the listings displayed may not belong to Adam Wilson Realty. Information is deemed reliable but is not guaranteed accurate by the MLS or Adam Wilson Realty. Data last updated: 2026-01-21T21:47:41.627.
 
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