Front - 541 20th St, Cleveland, TN 37311
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15 photos

$699,900

541 20th St, Cleveland, TN 37311
Cleveland, TN 37311
Listed by Margie Keller · Compass Group Realty, LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1989

About this home

INVESTMENT OPPORTUNITY! WELL-MAINTAINED FOUR-PLEX NEAR LEE UNIVERSITY! Looking for an opportunity to expand your rental portfolio? This well-maintained four-plex offers an excellent opportunity for investors seeking income-producing property in a convenient location! The property features four individual units, including two end units with 2 bedrooms and 2 baths each, and two middle units with 2 bedrooms and 1 bath each. All four units offer individual washer and dryer hookups, providing added convenience and appeal for tenants. Conveniently located just off Keith Street and within walking distance of Lee University, this property offers easy access to shopping, dining, schools, and other local amenities. Whether you're an experienced investor looking to grow your portfolio or entering the rental market, this four-plex offers versatility, convenience, and income-producing potential. Four units, one investment, and an opportunity to build for the future!

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1360245
Property type
Residential Income
Subdivision
Cannon & Willis Prop
Status
Active
Days on market
5
On market date
October 28, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
8
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
G.R. Stuart Elementary
0.29 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
315
Student:teacher ratio
12.6:1
District
Cleveland
Middle
Ocoee Middle School
0.39 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,017
Student:teacher ratio
14.5:1
District
Bradley County
High
Bradley Central High School
1.4 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,636
Student:teacher ratio
15.7:1
District
Bradley County

Walkability

Blended score for Cleveland's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

68
Walkable
out of 100
EPA National Walkability Index
10.2 / 20 -- Below average walkable
Google Places amenity density
93 / 100
Restaurants & cafes20
Grocery stores8
Parks9
Schools20
Transit stops1
Pharmacies15

Market position

How this listing compares to current activity in Cleveland, from live MLS data.

On the market 5 days -- 85 fewer days than Cleveland's current average of 90 days.
For reference, the median list price across 84 active listings in Cleveland right now is $400,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,365/mo
$139,980 down
$559,920 loan
Principal & interest$3,632
Property tax (est.)$583
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 2 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.