#20250071, William Eilf, Listing Office: KW Cleveland
Property details
About 3905 Old Tasso Rd NE
Discover a increasing rare and highly strategic investment opportunity in one of Cleveland's fastest-growing corridors. This ±1.14 acre parcel on Old Tasso Road is prelimarily approved for up to 16 multifamily units under an HPR (Horizontal Property Regime), making it ideal for developers or investors seeking to capitalize on Cleveland's booming housing market. Cleveland, TN continues to experience steady and notable population growth, driven by its dynamic local economy, exceptional quality of life, and strategic location near major transportation arteries. The area's population has grown consistently year over year, creating strong demand for new housing, particularly affordable and workforce multifamily options. Adding even greater appeal to this property is Cleveland's ongoing success in attracting major employers and new industry. Multiple national and international companies have announced significant investments in the area, promising robust job creation and further population inflows over the next several years. These include automotive suppliers, advanced manufacturing companies, and distribution centers, all reinforcing Cleveland's reputation as a regional economic powerhouse. This tract's location on Old Tasso Road offers excellent access to both residential amenities and major thoroughfares, ensuring future residents enjoy convenience and connectivity. Combine that with the scarcity of approved multifamily development sites in the area, and this property becomes an exceptional canvas for developers looking to meet Cleveland's rising demand.
Highlights
Home typeSingle Family Residence
StatusActive
Lot size1.14 Acres
MLS #20252061
Summary
- List Price: $350,000
- Annual Tax Amount: $647
- Tax Year: 2023
- Lot: Sloped, Level, Cleared
- Directions: Starting on 25th St NW, go straight until the 20th St exit. Take exit and then turn left onto 20th St NE. Turn left onto Old Tasso Rd NE, property will be on the left.
- Lot Size: 1.14 Acres
- MLS Number: 20252061
- MLS Name: RiverCounties
- Office Name: Bender Realty
- Office Phone: (423) 472-2173
- Office Email: rbradney@bender-realty.com
- Listing Agent: Jody Gatlin
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: 5/12/2025, 12:15:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
3905 Old Tasso Rd NE
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 30, 2024 | Home Sold | $225,000 |
| Apr 30, 2024 | Home Sold | $138,000 |
| Jan 05, 2024 | Home Sold | $315,000 |
| May 09, 2016 | Home Sold | $75,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $44,925 | $647 |
| 2022 | $44,925 | $1,417 |
| 2021 | $44,925 | $1,417 |
| 2020 | $35,525 | $1,365 |
| 2018 | $35,525 | $1,339 |
| 2017 | $35,525 | $1,280 |
History based on county public records data.
Nearby schools
8
Michigan Avenue Elementary School
Public District KG-5
1.3 mi
•188 Michigan Avenue School Rd NE
3
Mayfield Elementary School
Public District KG-5
1.9 mi
•501 20th St NE
7
North Lee Elementary School
Public District KG-5
2.1 mi
•205 Sequoia Rd NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,097. Typical income of Cleveland, TN residents is between $35k-100k annually. The majority of families are single, 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?
45%
<35k
50%
35k-100k
3%
100k-200k
2%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
42%
Single, No Kids
16%
Single, with Kids
24%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Extreme Sports
College Football
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Express/Express For Men
Where do the neighbors go to eat?
Sonic
Little Caesars
Bob Evans
What do the neighbors drive?
Oldsmobile
Chevrolet
Kia
What do the neighbors listen to?
Contemporary Inspirational
Country
New Country
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 3905 Old Tasso Rd NE
The listing price of 3905 Old Tasso Rd NE property is $350,000.
The property 3905 Old Tasso Rd NE is land located in Cleveland, Tennessee, 37312.
Active Listing: 3905 Old Tasso Rd NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3905 Old Tasso Rd NE are: Michigan Avenue Elementary School (GreatSchools Rating 8/10), Mayfield Elementary School (GreatSchools Rating 3/10), North Lee Elementary School (GreatSchools Rating 7/10), 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 $647 (source: MLS/based on county public records data).
The last sale was on July 30, 2024 for $225,000 (source: MLS/tax record).
The property 3905 Old Tasso Rd NE is 1.14 acres.
This home is located at 3905 Old Tasso Rd NE in Cleveland, TN and zip code 37312. Features: 0 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $350,000.
In April 2025, from all listings sold in Cleveland, TN there were more than 39 sold above asking price, over 106 sold below and more than 61 were sold right at the asked price. The inventory of homes for sale in Cleveland, TN between March and April 2025 decreased by 0.4%. The median list price of listings available in April 2025 was $320,000, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.