$389,900

2201 Peerless Rd NW Cleveland, TN 37311

$4,630
Closing credit¹
4 beds
3 full, 2 partial
4,296 sqft
0.9 acres
$91 / sqft
House

Property details

About 2201 Peerless Rd NW

MOTIVATED SELLER! PRIME LOCATION in NW Cleveland, TN! INVESTOR OPPORTUNITY — Includes possible buildable extra lot! Seller has options to provide up to $10,000 in closing costs or buy down interest rate! Spacious 4,296 sq ft home is priced to sell at just $93..09/sq ft**, an exceptional value for a property of this size, location, and potential. Set on nearly one acre with in-ground pool, this home lives like a 5-6 bedroom, making it ideal for investors, multi-generational families, or anyone looking to customize a large home to their lifestyle. **Taken from CRS data & considered accurate. SUMMER-READY with a fenced, level backyard, in-ground pool, and a newer pool pump! Main floor features 3 bedrooms, with each bedroom having an En Suite Bathroom—a rare find! The primary suite includes dual walk-in closets, while the large living room with gas fireplace flows into a formal dining room and full kitchen. A half-bath sits off the dining area. The Basement includes a Den with fireplace, Bedroom, Half-Bath, Ktchenette, Workshop, Laundry hook-ups, and spacious 2-car Garage, perfect for a mother-in-law suite or rental conversion. 🛠️ The home is fully livable but dated—some finishes reflect its age, offering the perfect canvas for updates without needing to gut or overhaul. Seller is offering 10k allowance for remodel with increased price by same amount desired. Only available if appraisal allows and we are confident so bring them an offer! Flooring includes a mix of original hardwood, newer hardwood, tile, parquet, and carpet. Other features include two additions (approx. 30 years old), a laundry room with utility sink, and pull-down attic access. 💡 Estate Sale - some belongings remain but bring your vision and creativity! With a few updates, this could be one of the best investments in the area. 📞 Don't wait—call your favorite REALTOR® today. Opportunities like this don't come often! Buyers are responsible to do their due diligence.

Highlights

Home typeSingle Family Residence
HeatingCeiling
StatusActive
CoolingCentral Air
Size4,296 sqft
BasementYes
Lot size0.9 Acres
Year built1956
ParkingConcrete, Driveway, Garage Door Opener, Attached
MLS #20251297
Attached garage2 spaces
Private poolYes

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Appliances: Dishwasher, Electric Range, Gas Water Heater
  • Basement: Yes
  • Flooring Type: Other, Carpet, Hardwood, Tile
  • Interior: See Remarks, Storage, Built-in Features, Crown Molding
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: Yes
  • Parking: Concrete, Driveway, Garage Door Opener, Attached
  • Architectural Style: Ranch
  • Heating: Ceiling
  • Cooling: Central Air
  • List Price: $389,900
  • Price/SqFt: $90
  • Annual Tax Amount: $1,018
  • Tax Year: 2023
  • Lot: Level, Landscaped, Cleared, Corner Lot
  • Directions: 25th St NW to right on Peerless. House is on right side at corner of Peerless and Zora Dr NW. Sign on property.
  • Year Built: 1956
  • Living Area: 4,296 SqFt
  • Lot Size: 0.9 Acres
  • MLS Number: 20251297
  • MLS Name: RiverCounties
  • Office Name: --NON-MEMBER OFFICE--, LPT Realty
  • Listing Agent: A NON-MEMBER, Sheryl Phillips

Information obtained from TNRCAR. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/25/2025, 7:15:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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2201 Peerless Rd NW, Cleveland, TN 37311 - view of yard

$389,900

2201 Peerless Rd NW

$4,630

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 17, 2005
Home Sold
$270,000
Jun 16, 1993
Home Sold
$85,000
Jun 15, 1993
Home Sold
$85,000

Tax history

YearAssessmentProperty Tax
2023$70,700$1,018
2022$70,700$2,229
2021$70,700$2,229
2020$58,925$2,264
2018$58,925$2,221
2017$58,925$2,205

History based on county public records data.

Nearby schools

3

Stuart Elementary School

Public District KG-5

0.3 mi

802 20th St NW

3

Arnold Elementary School

Public District KG-5

1.1 mi

473 8th St NW

3

Mayfield Elementary School

Public District KG-5

1.2 mi

501 20th St NE

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 $45,280. The majority of Cleveland, TN residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

36%
<35k
49%
35k-100k
11%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
17%
Single, with Kids
24%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
34%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Stein MartStein Mart
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • White CastleWhite Castle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • KiaKia

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Cleveland, TN

Cleveland's transport infrastructure supports both private and public transit options, with a focus on improving connectivity and reducing commute times. The city's layout promotes walkability in several districts, and there are initiatives to enhance bikeability. Major roads and highways facilitate travel to and from the city, and public transportation is available to assist residents in their daily commutes.

The community is served by a robust educational system, with multiple public and private schools catering to a range of educational needs. Healthcare services are comprehensive, with facilities offering a spectrum of care including urgent and primary care. The public library system supports lifelong learning, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and hospitality.

Cleveland is celebrated for its vibrant community spirit and rich historical backdrop. The city prides itself on a calendar filled with local events and festivals that showcase its cultural heritage and foster a sense of togetherness among residents. The community's character is further defined by its scenic parks and commitment to preserving its unique Southern charm.

Cleveland's housing market offers a diverse array of options, with single-family homes being a significant presence. A mix of architectural styles is evident, ranging from traditional to contemporary, reflecting the city's growth over various periods. While the majority of homes are owner-occupied, a substantial portion of the population opts for rental properties, including apartments and townhouses.

About 2201 Peerless Rd NW

The listing price of 2201 Peerless Rd NW property is $389,900.

The property 2201 Peerless Rd NW is a house located in Cleveland, Tennessee, 37311.

Active Listing: 2201 Peerless Rd NW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 2201 Peerless Rd NW are: Stuart Elementary School (GreatSchools Rating 3/10), Arnold Elementary School (GreatSchools Rating 3/10), Mayfield Elementary School (GreatSchools Rating 3/10), Ocoee Middle School (GreatSchools Rating 5/10), Cleveland Middle School (GreatSchools Rating 3/10), Lake Forest Middle School (GreatSchools Rating 5/10), North Cleveland Goal Academy (GreatSchools Rating 2/10), Cleveland High School (GreatSchools Rating 6/10), Bradley County Virtual School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $1,018 (source: MLS/based on county public records data).

The last sale was on February 17, 2005 for $270,000 (source: MLS/tax record).

The property at 2201 Peerless Rd NW has 4 bedrooms and 3 full and 2 half bathrooms.

The property 2201 Peerless Rd NW is 4,296 SqFt (source: MLS/tax record).

The year of construction for 2201 Peerless Rd NW is 1956.

This home is located at 2201 Peerless Rd NW in Cleveland, TN and zip code 37311. This 4,296 square foot home, which was built in 1956, sits on a 0.90 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 25, 2025 and is currently priced at $389,900.

In April 2025 more than 39 listings in Cleveland, TN were sold above the asking price. During the same period more than 61 listings were sold at asking price, while more than 106 were sold below. The number of homes for sale in Cleveland, TN decreased by 0.4% between March and April 2025. In April 2025, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $320,000.

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

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