8 months on rocket

2120 N Ocoee St, Cleveland, TN, 37311

$585,000

Home List Price

$6,947*

Closing Credit

0 Baths
2,500 SqFt
$234/SqFt
Multi

Location

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2120 N Ocoee St, Cleveland$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street
Year Built1935
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
MLS #1387995
Lot Size0.17 Acres
StatusActive

About 2120 N Ocoee St

CALLING ALL INVESTORS!!! This multi-family property is the perfect short-term rental bundle, small business starter pack, rental property, or full-time occupancy option! LOCATION LOCATION LOCATION! It is conveniently located near Lee University and makes for the perfect investment property or student/faculty home. There are THREE separate units on the property: the main house, the basement of the house, and the carriage house. All three are fully furnished and are currently listed on AirBnB. All three units can make +/- $61,000 year. The property is being sold as a fully furnished bundle. There are so many possibilities for this adorable home! It would even be the perfect place to retire - live in the main home and rent out the remaining areas or allow it for live-in caregivers, visiting family, or guests. Looking for a great investment opportunity with endless opportunities? THIS IS IT! You can purchase a ready-to-rent 3-unit property OR you can repurpose the space. See documents for additional details and information. Call today to schedule a private tour! You do not want to miss this one.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 2
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1800

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Storage

Exterior Features

Exterior Information:

  • Exterior: Fence

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: From I-75 N take Exit 25 for Tennessee 60 toward Cleveland/Dayton. Turn left onto 25th St NW/Georgetown Rd NW. Continue to follow 25th St NW. Turn right onto N Ocoee St. Home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $234/SqFt

Tax Information:

  • Annual Amount: $2,749
  • Tax Year: 2020
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Housing Market Comparison

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

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Cleveland, TN

City

Med. Sold Price

$318.2K

Med. Price/SqFt

$181

Avg. Days On Market

31

# of Sold Homes

110

2120 N Ocoee St vs Cleveland

259 DAYS ON ROCKET

+228 Days

$585,000

+$266.7K More

$234/SqFt

+$52 More

KEY TAKEAWAY

This property is $266.7K more than the Median Sold Price and $52/SqFt more 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: #1387995

Listing Office:

  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1800

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: 11/21/2024, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 14, 2021Home Sold
$385,000
Oct 19, 2010Home Sold
$180,100

Tax History

YEARPROP. TAXASSESSMENT
2020$2,749$57,120
2018$2,697$71,560
2017$2,264$71,560

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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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-294323
3
/10

  • Mayfield Elementary School

  • 501 20th St NE

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-294324
3
/10

  • Stuart Elementary School

  • 802 20th St NW

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-294325
3
/10

  • Arnold Elementary School

  • 473 8th St NW

  • 0.75 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,654. The majority of Cleveland, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

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 Homes›Tennessee›Bradley County›Cleveland›37311›2120 N Ocoee St

This home is located at 2120 N Ocoee St in Cleveland, TN and zip code 37311. This 2,500 square foot home, which was built in 1935, sits on a 0.17 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $585,000.

In October 2024 more than 22 listings in Cleveland, TN were sold above the asking price. During the same period more than 36 listings were sold at asking price, while more than 52 were sold below. The number of listings in Cleveland, TN decreased by 6.8% between September 2024 and October 2024. While the average time on the market in October 2024 was 31 days, the median list price was $318,238.

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

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