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For sale
  • Price cut: $25.5K (10/31)
    $419,500

    1505 Mohawk Ct NW, Cleveland, TN 37311

    7beds
    4baths
    3,848sqft
    : 
    Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $109/sqft
    $-- HOA

    What's special

    New roofNew appliancesNew cabinetry
    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
    261 days
    |
    258
    |
    8
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 03, 2025 at 12:05pm

    Listed by:

    Solange Velas,

    Goldman Partners Realty, LLC 865-705-8675,

    Sakaylea Sanders 865-258-4161,

    Goldman Partners Realty, LLC

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

    Tour with a local agent

    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 & HOA

    Community
    • Subdivision: Georgetown Estates
    Location
    • Region: Cleveland

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $254,200
    • Annual tax amount: $1,463
    • Date on market: 3/24/2025
    • Listing terms: VA Loan,Owner Will Carry,FHA,Cash,Conventional
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,553/mo

    Price history

    Price history
    DateEventPrice
    10/31/2025Price change$419,500-5.7%$109/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    8/27/2025Price change$445,000-3.7%$116/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    7/14/2025Price change$462,000-2.7%$120/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    6/3/2025Price change$475,000-2.6%$123/sqft
    Source: East Tennessee Realtors #1294458 Report a problem
    3/24/2025Listed for sale$487,500+22.2%$127/sqft
    Source: East Tennessee Realtors #1294458 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$1,463 +132.6%$101,680 +132.6%
    2023$629 $43,720
    2022$629 -54.4%$43,720

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,349/mo
    Principal & interest
    $2045
    Property taxes
    $157
    Home insurance
    $147

      Climate risks

      Neighborhood: 37311

      Nearby schools

      GreatSchools rating

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