2 months on rocket

2120 N Ocoee St, Cleveland, TN, 37311

$675,000

Home List Price

$8,016*

Closing Credit

0 Baths
2,500 SqFt
$270/SqFt
Multi
Schools Nearby

Location

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2120 N Ocoee St, Cleveland$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street Parking
Year Built1935
HeatingCentral, Electric
CoolingCentral Air, Electric
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:

  • Architectural Style: 2 Level
  • Year Built: 1935
  • Stories: 1
  • Living Area: 2,500 SqFt

Listing Office:

  • Office Name: Keller Williams Realty

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Cleveland High School, Public District Grades 9-12
  • Cleveland Middle School, Public District Grades 6-8
  • Mayfield Elementary School, Public District Grades PK-5

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: $675,000
  • Price Per SqFt: $270/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

$308K

Med. Price/SqFt

$178

Avg. Days On Market

53

# of Sold Homes

115

2120 N Ocoee St vs Cleveland

60 DAYS ON ROCKET

+7 Days

$675,000

+$366.9K More

$270/SqFt

+$91 More

KEY TAKEAWAY

This property is $366.9K more than the Median Sold Price and $91/SqFt more than other homes in Cleveland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1387995

Listing Office:

  • Office Name: Keller Williams Realty

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: 5/5/2024, 8:20:32 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

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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.

Elementary School

school-card-donut-6654527
3
/10

  • Mayfield Elementary School

  • 501 20th St NE

  • 0.39 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6654528
3
/10

  • Cleveland Middle School

  • 3635 Georgetown Rd NW

  • 2.49 miles

  • Public District Grades 6-8

High School

school-card-donut-6654529
6
/10

  • Cleveland High School

  • 850 Raider Dr NW

  • 1.50 miles

  • Public District Grades 9-12

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. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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 $675,000.

Cleveland, TN housing market in April 2024 saw over 23 listings sold above listed price, more than 28 sold at listed price and over 64 sold below. The number of homes for sale in Cleveland, TN increased by 8.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $308,024, while the average time on the real estate market was 53 days.

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

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