$234,900
$5K PRICE DROP

1505 Rustic Dr Cleveland, TN 37312

Estimated payment $1,306/month

Total Views 7,303
-- Bed
-- Bath
1,590 Sq Ft
$148 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Level Lot
  • Candy's Creek Cherokee Elementary School Rated A-
  • Garage

About This Home

Great Investment opportunity! Great NE city location. Duplex with 2 bedrooms & 1 1/2 baths, kitchen, living room, washer/dryer hookups. Live in one side & rent the other or build your own 401K. Tenants pay electric, water, & sewer. Get out of the Stock Market & create wealth today.

Listing Agent

Max Phillips

Crye-Leike, REALTORS License #203547 Listed on: 04/24/2025

Crye-Leike, REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,011

Year Built

  • Built in 1984

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 162x117
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,590 Sq Ft Home
  • 2-Story Property

Parking

  • Garage
  • Parking Accessed On Kitchen Level

Schools

  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 033d B 012.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Rustic Villa Subdivision

Building Details

  • Gross Income $18,696

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,011

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Lot Size: 162X117
  • Subdivision Name: Rustic Villa
  • Directions: North I 75 to Exit 27, turn left on Paul Huff Parkway, turn right on Frontage Road, turn left on Rustic Drive, duplex on left, Address on building, No Sign.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 1590.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Location Tax and Legal Parcel Number2: 033d B 012.00
  • Location Tax and Legal High School: Cleveland High
  • Location Tax and Legal:Tax Annual Amount: 1011.23
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Dimensions: 162X117
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • General Property Information Senior Community YN: No
  • Remarks and Miscellaneous Public Remarks2: Great Investment opportunity! Great NE city location. Duplex with 2 bedrooms & 1 1/2 baths, kitchen, living room, washer/dryer hookups. Live in one side & rent the other or build your own 401K. Tenants pay electric, water, & sewer. Get out of the Stock Market & create wealth today.
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Cleveland Middle
  • General Property Information Stories2: 2
  • Parking Features Kitchen Level2: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Special Features: None
  • Stories: 2

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Community Features:None4: Yes

Exterior Features

  • Lot Features: Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Roof: Shingle
  • Lot Features:Level: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 033d B 012.00

Rental Info

  • Tenant Pays: Electricity, Sewer, Water
  • Tenant Pays:Sewer3: Yes

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18696.0

Tax Info

  • Tax Annual Amount: 1011.23

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 For Sale $234,900 0.0% $148 / Sq Ft
06/15/2025 06/15/25 Off Market $234,900 -- --
04/24/2025 04/24/25 For Sale $234,900 0.0% $148 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
07/12/2024 07/12/24 Price Changed $234,900 -2.1% $148 / Sq Ft
01/30/2024 01/30/24 For Sale $239,900 -- $151 / Sq Ft
Source: Greater Chattanooga REALTORS®

Source: Greater Chattanooga REALTORS®

MLS Number: 1385908

Greater Chattanooga REALTORS®