$400,000

540 20th St NW Cleveland, TN 37311

$4,750
Closing credit¹
4 beds
2 full, 1 partial
2,249 sqft
0.4 acres
$178 / sqft
House

Property details

About 540 20th St NW

: HISTORIC DISTRICT | DOWNTOWN CLEVELAND...Located in Cleveland's historic district and just moments from Lee University, this home offers a prime location. Inside, you'll find an open floor plan with hardwood floors throughout. The updated kitchen features stainless steel appliances, granite countertops, a farmhouse sink, and a spacious island. A large formal dining room provides plenty of space for gatherings. The primary bedroom includes a walk-in closet and a luxurious en suite bathroom. The finished basement adds extra living space with a cozy den, wood-burning fireplace, and a home office. Enjoy the covered patio for grilling or relaxing while overlooking the generous backyard. This home combines modern updates with historic charm in a highly desirable area.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size2,249 sqft
BasementYes
Lot size0.41 Acres
Year built1949
ParkingDriveway, Garage, Garage Faces Front
MLS #1506276
Attached garage1 space
ViewMountain(s)

Virtual tour

Summary

  • MLS Number: 1506276
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Richardson Group KW Cleveland
  • Office Phone: (423) 790-7979
  • Office Email: richardson@bryanandcindi.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: 3/14/2025, 11:20:57 PM 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 facade with a garage, a front yard, crawl space, and driveway

$400,000

540 20th St NW

$4,750

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 10, 2022
Home Sold
$370,000
Sep 27, 2021
Home Sold
$134,000

Tax history

YearAssessmentProperty Tax
2023$52,275$752
2022$52,275$1,647
2021$52,275$1,647
2020$34,375$1,321
2018$34,375$1,295
2017$34,375$1,264

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

0.7 mi

473 8th St NW

3

Mayfield Elementary School

Public District KG-5

0.7 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. Residents of Cleveland, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area 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

About 540 20th St NW

This home is located at 540 20th St NW in Cleveland, TN and zip code 37311. This 2,249 square foot home, which was built in 1949, sits on a 0.41 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 8, 2025 and is currently priced at $400,000.

In February 2025 more than 15 listings in Cleveland, TN were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 64 were sold below. In February 2025 in Cleveland, TN there were 0.2% more homes for sale than in January. In February 2025 median list price was $320,132 and the average listing age was 55 days.

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

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