NOT LISTED FOR SALE

4500 Bates Pike SE Cleveland, TN 37323

-- Bed
-- Bath
6,240 Sq Ft
1.25 Acres

Last Sold March 30, 2017

Last sale price $307,000 $49 Per Sq Ft

63 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of March 2017

Incredible Investment opportunity in Cleveland! A total of Eight (8) units each with Two Bedrooms and One Bath, renting currently for over $3,500/month in total rental income. The building consists of 4 units on the top floor, 4 in the lower, rear of the building. Plenty of off-street parking with 2 spots available for each unit.! Building consists of several long term renters. Each unit comes with a Dishwasher, Refrigerator and Stove. The roof was replaced in 2013 and building painted in 2014. Great investment opportunity with little upfront cost for buyer.

Last Agent to Sell the Property

Wendy Dixon

Dixon Team Keller Williams Listed on: 01/05/2017

Last Buyer's Agent

Comps Only

COMPS ONLY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 1980

Lot Details

  • 1.25 Acre Lot
  • Sloped Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 6,240 Sq Ft Home
  • 2-Story Property

Kitchen

  • Eat-In Kitchen
  • Stove

Schools

  • Taylor Elementary School
  • Lake Forest Middle School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 067 036.03

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Gross Income $44,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,452

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.25
  • Lot Size: 54450 sq ft
  • Subdivision Name: None
  • Directions: From Intersection of Waterlevel Highway, Right on Lyles Rd, Left on Bates Pike. Apartment building on Right- NO SIGN-
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Living Area: 6240.0
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1980
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 067 036.03
  • Location Tax and Legal Elementary School: Taylor Elementary
  • Location Tax and Legal:Tax Annual Amount: 2452.1
  • 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: 1.25
  • General Property Information Lot Size Square Feet2: 54450.0
  • General Property Information Lot Size Dimensions: 54450 sq ft
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling:Central Air: Yes
  • Foundation Details Slab: Yes
  • Levels:Two: Yes
  • Roof:Shingle: Yes
  • Location Tax and Legal Middle or Junior School: Lake Forest Middle
  • General Property Information Stories2: 2
  • General Property Information Number Of Units Total2: 8.0
  • Owner Pays:Water3: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Owner Pays: Water
  • Basement YN: No
  • Fireplace: No
  • Interior Amenities: Eat-in Kitchen
  • Interior Features:Eat-in Kitchen: Yes
  • Community Features:None4: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • General Property Information:Attached Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Taylor Elementary
  • Middle Or Junior School: Lake Forest Middle

Lot Info

  • Lot Size Sq Ft: 54450.0
  • Parcel #: 067 036.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 44100.0

Tax Info

  • Tax Annual Amount: 2452.1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $307,000 -2.5% $49 / Sq Ft
03/09/2017 03/09/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $315,000 -- $50 / Sq Ft
Source: Greater Chattanooga REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2017

    Wendy Dixon

    Dixon Team Keller Williams

  • C

    Buyer's Agent in 2017

    Comps Only

    COMPS ONLY

See All Agents

Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1257339

Greater Chattanooga REALTORS®
Tennessee Bradley County Cleveland 37323

4500 Bates Pike SE, Cleveland, TN

This home is located at 4500 Bates Pike SE, Cleveland, TN 37323 since 05 January 2017. This property was built in 1980. 4500 Bates Pike SE is a home located in Bradley County with nearby schools including Waterville Community Elementary School, Lake Forest Middle School, and Bradley Central High School.

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