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5 Beds
3 Baths
2,124 sqft

$360,000

1403 Elrod Street SE, Cleveland TN, 37311

Price per sqft$169.49
Built in1970
Property size2,124 sqft
Property typeResidential
Courtesy of Wade Trammell, Keller Williams Realty,423-718-4815

Overview

Active

Listed Nov 10, 2026

Updated 4 days ago

Two Properties. Three Income-Producing Units. One Incredible Investment Opportunity! Welcome to 1403 Elrod St SE, where immediate rental income meets exceptional investment potential! This rare multi-property offering includes 1405 Elrod St SE, providing investors with two extensively renovated properties and three income-producing units in one attractive package. Featuring a charming single-family home with 1 bedroom and 1 bathroom, along with a duplex, this unique opportunity offers versatility, established rental income, and long-term value. Both properties have undergone extensive renovations, showcasing durable LifeProof flooring, granite kitchen countertops, stylish tile backsplashes, and beautifully updated bathrooms complete with marble vanities and ceramic tile shower surrounds. What truly sets this investment apart is its established rental history! All three units are currently tenant occupied, with tenants boasting more than five years of rental history and exceptional payment records. Whether you are expanding your real estate portfolio or seeking an opportunity to eventually occupy one unit while generating income from the others, this turnkey investment offers the perfect combination of modern upgrades, consistent rental history, and future potential. Don't miss your chance to secure two properties and three income-producing units in one exceptional investment!

$2,395/mo

Est. mortgage payment based on a $360,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1546032

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Taxes
$554
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of Wade Trammell, Keller Williams Realty,423-718-4815 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Deonne Taylor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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