$10,000

closing credit¹

1927 Cypress Ln 1921, 1923, 1925 Lot 23 Cleveland, TN 37323

$1,059,900
6,080 sqft
0.1 acres
$174 / sqft
Multi-Family

Property details

About 1927 Cypress Ln 1921, 1923, 1925 Lot 23

Presenting an exceptional investment opportunity with this brand-new quadruplex, thoughtfully designed for modern living. These townhomes offer Craftsman-style exteriors and are designed for comfort, style, and easy living. Each of the four spacious units boasts 3 bedrooms, 2.5 bathrooms, and top-tier finishes throughout. The kitchens are equipped with stainless steel appliances, elegant soft-close cabinets, and durable LVP flooring that flows seamlessly through the main living spaces. Each unit also includes an attached 2-car garage for added convenience. Situated within walking distance of local grocery stores, dining, and shopping, Arbor Hills is also ideally located near major highways, allowing for quick, efficient travel to work. The property is part of a well-maintained community with an HOA that covers all landscaping and includes plans for a future community pool, enhancing both value and tenant appeal. Current market rents are strong, averaging $2,000 to $2,100 per month per unit, providing an attractive income stream. The property is connected to a sewer system, ensuring low-maintenance operations. Don't miss this opportunity to secure a high-quality, low-maintenance investment with impressive returns.

Highlights

Home typeQuadruplex
StatusActive
CoolingOther
Size6,080 sqft
Lot size0.14 Acres
Year builtNew Const., 2025
ParkingOther
MLS #1503245

Summary

  • MLS Number: 1503245
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: United Real Estate Experts
  • Office Phone: (423) 771-7611
  • Office Email: office@unitedchattanooga.com

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© 2025 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: 2/2/2025, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a front yard

$1,059,900

1927 Cypress Ln 1921, 1923, 1925 Lot 23

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Oak Grove Elementary School

Public District KG-5

2.2 mi

400 Durkee Rd SE

6

Park View Elementary School

Public District PK-5

2.2 mi

300 Minnis Rd NE

4

Taylor Elementary School

Public District KG-5

2.3 mi

5265 Bates Pike SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,232. Residents of Cleveland, TN typically earn between $35k-100k each year. The most common type of family is married, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

42%
<35k
53%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

25%
Single, No Kids
12%
Single, with Kids
32%
Married, No Kids
31%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
9%
12-17 yrs old
23%
18-34 yrs old
39%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • MotocrossMotocross
  • College FootballCollege Football

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop
  • Best BuyBest Buy

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Texas RoadhouseTexas Roadhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • JeepJeep
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • Contemporary ChristianContemporary Christian
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Cleveland, TN

About 1927 Cypress Ln 1921, 1923, 1925 Lot 23

This home is located at 1927 Cypress Ln 1921, 1923, 1925 Lot 23 in Cleveland, TN and zip code 37323. This 6,080 square foot home, which was built in 2025, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,059,900.

Over 15 listings were sold over their listed price in January 2025 in Cleveland, TN. In the same period over 78 listings were sold below the listed price and 16 listings were sold for the listed price. Between December and January 2025, Cleveland, TN real estate market has seen decrease in the number of listings by 5.8%. While the average time on the market in January 2025 was 66 days, the median list price was $315,885.

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

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