new - 1 day on rocket

1927 Cypress Ln 1921, 1923, 1925 Lot 23, Cleveland, TN, 37323

$1,059,900

Home List Price

$10,000*

Closing Credit

0 Baths
6,080 SqFt
$174/SqFt
Multi

Location

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1927 Cypress Ln 1921, 1923, 1925 Lot 23, Cleveland$1,059,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOther
Year BuiltNew Const., 2025
CoolingOther
MLS #1503245
Lot Size0.14 Acres
StatusActive

About 1927 Cypress Ln 1921, 1923, 1925 Lot 23

Presenting an exceptional investment opportunity with this brand-new quadruplex, thoughtfully designed for modern living. These townhomes offer Craftsman-style exteriors and are designed for comfort, style, and easy living. Each of the four spacious units boasts 3 bedrooms, 2.5 bathrooms, and top-tier finishes throughout. The kitchens are equipped with stainless steel appliances, elegant soft-close cabinets, and durable LVP flooring that flows seamlessly through the main living spaces. Each unit also includes an attached 2-car garage for added convenience. Situated within walking distance of local grocery stores, dining, and shopping, Arbor Hills is also ideally located near major highways, allowing for quick, efficient travel to work. The property is part of a well-maintained community with an HOA that covers all landscaping and includes plans for a future community pool, enhancing both value and tenant appeal. Current market rents are strong, averaging $2,000 to $2,100 per month per unit, providing an attractive income stream. The property is connected to a sewer system, ensuring low-maintenance operations. Don't miss this opportunity to secure a high-quality, low-maintenance investment with impressive returns.

Property Details

Property Features

Property Information:

  • Year Built: 2025
  • Living Area: 6,080 SqFt

Listing Office:

  • Office Name: United Real Estate Experts
  • Office Phone: (423) 771-7611

Interior Features

Interior Information:

  • Appliances: Stainless Steel Appliance(s), Dishwasher, Refrigerator, Range, Electric Range, Electric Oven
  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Attached Garage: No
  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: Other

Other

Directions Information:

  • Directions: Take APD 40 in Cleveland, Tennessee to McGrady Road at Food City. Take an immediate left onto Young Rd. Arbor Hills will be on your right then right on Cypress Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,059,900
  • Price Per SqFt: $174/SqFt
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Housing Market Comparison

See how this home compares to others in Cleveland, TN.

Med. Sold Price

$318.2K

Med. Price/SqFt

$181

Avg. Days On Market

31

# of Sold Homes

110

1927 Cypress Ln 1921, 1923, 1925 Lot 23 vs Cleveland

1 DAY ON ROCKET

-30 Days

$1,059,900

+$741.6K More

$174/SqFt

-$8 Less

KEY TAKEAWAY

This property is $741.6K more than the Median Sold Price and $8/SqFt less than other homes in Cleveland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1503245

Listing Office:

  • Office Name: United Real Estate Experts
  • Office Phone: (423) 771-7611

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. 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. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,357

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,244

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-387803
7
/10
  • Oak Grove Elementary School

  • 400 Durkee Rd SE

  • 2.18 miles

  • Public District Grades KG-5

school-card-donut-387804
6
/10
  • Park View Elementary School

  • 300 Minnis Rd NE

  • 2.22 miles

  • Public District Grades PK-5

school-card-donut-387805
4
/10
  • Taylor Elementary School

  • 5265 Bates Pike SE

  • 2.34 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,232. Typical income of Cleveland, TN residents is between $35k-100k annually. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Cleveland, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Cleveland, TN?

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant presence. A mix of architectural styles is evident, ranging from traditional to contemporary, reflecting the city's growth over various periods. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses.

Is Cleveland, TN a good place to live?

Cleveland is celebrated for its vibrant community spirit and rich historical backdrop. The city prides itself on a calendar filled with local events and festivals that showcase its cultural heritage and foster a sense of togetherness among residents. The community's character is further defined by its scenic parks and commitment to preserving its unique Southern charm.

Are things conveniently located in Cleveland, TN?

The community is served by a robust educational system, with multiple public and private schools catering to a range of educational needs. Healthcare services are comprehensive, with facilities offering a spectrum of care including urgent and primary care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and hospitality.

What does the transportation in Cleveland, TN look like?

Cleveland's transport infrastructure supports both private and public transit options, with a focus on improving connectivity and reducing commute times. The city's layout promotes walkability in several districts, and there are initiatives to enhance bikeability. Major roads and highways facilitate travel to and from the city, and public transportation is available to assist residents in their daily commutes.

Rocket HomesTennesseeBradley CountyCleveland373231927 Cypress Ln 1921, 1923, 1925 Lot 23

This home is located at 1927 Cypress Ln 1921, 1923, 1925 Lot 23 in Cleveland, TN and zip code 37323. This 6,080 square foot home, which was built in 2025, sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,059,900.

Over 22 listings were sold over their listed price in October 2024 in Cleveland, TN. In the same period over 52 listings were sold below the listed price and 36 listings were sold for the listed price. The number of homes for sale in Cleveland, TN decreased by 6.8% between September 2024 and October 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $318,238 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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