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Sold for $388,000
  • $388,000

    1505 Mohawk Ct NW, Cleveland, TN 37311

    7beds
    4baths
    3,848sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $101/sqft
    $1,526 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,526/mo

    Zestimate® history
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    What's special

    JUST REDUCED AGAIN! 4 PLEX FOR SALE CLEVELAND TN - OWC FIRST W/25% DOWN- STRONG CASHFLOW!!! This well-maintained quadplex in Cleveland offers a value add investment with plenty of rental upside! Units are rented on a month to month basis and Seller is offering great terms - subject to review of buyers financials, with 25% down payment, Seller will carry a 75% first deed of trust at 6%, amortized over 30 years with a balloon 5 years from closing. Recent updates include a new roof (2020) and 3 of 4 HVAC systems replaced in the last 3 years. Tenants pay all utilities, minimizing owner expenses. Unit 2 has been fully renovated with new appliances, new cabinetry, carpet, paint, and updated bathroom. A turnkey property with solid rental income potential! Please see video links for the interiors. As Mohawk is fully occupied, please allow 48 hours to schedule all showings through the listing agents. No sign on property and we respectively request that you do not disturb the residents

    Zillow last checked: 8 hours ago

    Listing updated: 21 hours ago

    Listed by:

    Solange Velas,

    Goldman Partners Realty, LLC,

    Sakaylea Sanders 865-258-4161,

    Goldman Partners Realty, LLC

    Bought with:

    Solange Velas, 263596

    Goldman Partners Realty, LLC

    Sakaylea Sanders, 378466

    Source: East Tennessee Realtors,MLS#: 1294458MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Range, Refrigerator
    Features
    • Flooring: Laminate, Carpet, Vinyl, Tile
    Interior area
    • Total structure area: 3,848
    • Total interior livable area: 3,848 sqft

    Property

    Parking
    • Parking features: On Premise Parking
    Features
    • Exterior features: Balcony
    Lot
    • Size: 0.27 Acres
    • Dimensions: 125 x 106
    Details
    • Parcel number: 049C A 031.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Other
    Condition
    • Year built: 1970

    Community & neighborhood

    Location
    • Region: Cleveland
    • Subdivision: Georgetown Estates

    Other

    Other facts
    • Listing terms: VA Loan,Owner Will Carry,FHA,Cash,Conventional

    Price history

    DateEventPrice
    1/30/2026Sold$388,000-7.5%$101/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    1/16/2026Pending sale$419,500$109/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    1/12/2026Listed for sale$419,500$109/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    1/7/2026Pending sale$419,500$109/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    10/31/2025Price change$419,500-5.7%$109/sqft
    Source: East Tennessee Realtors #1294458 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $163,400 +60.7%
    2024$1,463 +132.6%$101,680 +132.6%
    2023$629 $43,720

    Find assessor info on the county website

    Neighborhood: 37311

    Nearby schools

    GreatSchools rating
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