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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Cleveland, TN

Listed for sale 1 day ago
$ 258,900
ROI
22.4
Cash Flow/m
190- 2 Bed
- 2 Bath
- 1004 sft
145 Belle Chase Way NE, Cleveland, TN, 37312

Listed for sale 2 days ago
$ 248,900
ROI
22.1
Cash Flow/m
165- 2 Bed
- 2 Bath
- 1081 sft
200 Bellingham Cv NE, Cleveland, TN, 37312

Fix & Flip
$ 325,000
ROI
24.9
Cash Flow/m
469- 2 Bed
- 2 Bath
- 1354 sft
1271 Norman Chapel Rd NW, Cleveland, TN, 37312

$ 254,500
ROI
22.6
Cash Flow/m
204- 4 Bed
- 4 Bath
- 1397 sft
3337 Walters Springs Rd NW, Cleveland, TN, 37312
Why Invest in Cleveland, Tennessee?
Townhouses in Cleveland, TN offer strong investment potential with steady appreciation and reliable rental demand. Growing job market from manufacturing expansions supports consistent occupancy. Average cap rates around 7% and rental yields near 8% make them attractive for cash flow. Recent home value growth of 0.5-3% signals stable returns in this expanding market. Investor-friendly with low vacancy and new developments boosting demand.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
2.3%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses benefit from strong renter demand driven by job growth and university proximity. Average rents around $1,650 yield solid cash flow with low vacancy. Stable appreciation supports long-term holds.
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