Multi Family Investment Properties for Sale in Cleveland, TN
1243- 4 Bed
- 4 Bath
- 1760 sft
537- 2 Bed
- 1 Bath
- 1764 sft
402- 4 Bed
- 4 Bath
- 2256 sft
150- 3 Bed
- 2 Bath
- 1352 sft
Why Invest in Cleveland, Tennessee?
Cleveland, Tennessee is experiencing significant job-driven growth with over 1,400 new jobs expected and nearly 3,000 new homes planned, creating strong demand for multi-family housing. The North Lee Highway corridor is becoming a major development hub with master-planned communities like Hardwick Farms (1,700 homes) and mixed-use projects attracting institutional builders. Multi-family investors benefit from affordable entry prices compared to coastal markets, steady rental demand from incoming workforce migration, and long-term appreciation potential as infrastructure upgrades support population growth. The median home value of approximately $294,000–$305,000 with 4.3% year-over-year appreciation reflects early-stage market momentum before major job announcements drive broader recognition.
Frequently Asked Questions
Cleveland is experiencing job-driven growth with 1,400+ new jobs and 3,000 new homes planned, creating strong rental demand. Affordable entry prices ($294,000–$305,000 median home value) compared to coastal markets, combined with 4.3% year-over-year appreciation, make it attractive for investors seeking value and growth potential before major announcements drive broader market recognition.
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