MOTIVATED SELLER! PRIME LOCATION in NW Cleveland, TN!
INVESTOR OPPORTUNITY — Includes possible buildable extra lot!
Seller has options to provide up to $10,000 in closing costs or buy down interest rate!
Spacious 4,296 sq ft home is priced to sell at just $93..09/sq ft**, an exceptional value for a property of this size, location, and potential. Set on nearly one acre with in-ground pool, this home lives like a 5-6 bedroom, making it ideal for investors, multi-generational families, or anyone looking to customize a large home to their lifestyle.
**Taken from CRS data & considered accurate.
SUMMER-READY with a fenced, level backyard, in-ground pool, and a newer pool pump!
Main floor features 3 bedrooms, with each bedroom having an En Suite Bathroom—a rare find! The primary suite includes dual walk-in closets, while the large living room with gas fireplace flows into a formal dining room and full kitchen. A half-bath sits off the dining area.
The Basement includes a Den with fireplace, Bedroom, Half-Bath, Ktchenette, Workshop, Laundry hook-ups, and spacious 2-car Garage, perfect for a mother-in-law suite or rental conversion.
🛠️ The home is fully livable but dated—some finishes reflect its age, offering the perfect canvas for updates without needing to gut or overhaul. Seller is offering 10k allowance for remodel with increased price by same amount desired. Only available if appraisal allows and we are confident so bring them an offer!
Flooring includes a mix of original hardwood, newer hardwood, tile, parquet, and carpet. Other features include two additions (approx. 30 years old), a laundry room with utility sink, and pull-down attic access.
💡 Estate Sale - some belongings remain, but bring your vision and creativity! With a few updates, this could be one of the best investments in the area.
📞 Don't wait—call your favorite REALTOR® today. Opportunities like this don't come often!
Buyers are responsible to do their due diligence.
For sale
Price cut: $9.9K (5/31)
$380,000
2201 Peerless Rd NW, Cleveland, TN 37311
4beds
3,117sqft
Est.:
Single Family Residence
Built in 1956
0.9 Acres Lot
$375,000 Zestimate®
$122/sqft
$-- HOA
What's special
Fenced level backyardFull kitchenPrivate in-ground poolPull-down attic accessFormal dining room
- 75 days
- on Zillow |
- 3,358 |
- 137 |
Zillow last checked: 7 hours ago
Listing updated: May 30, 2025 at 05:20pm
Listed by:
Ben Phillips 423-645-4444,
LPT Realty LLC 877-366-2213,
Sheryl Phillips 423-432-9436,
LPT Realty LLC
Source: Greater Chattanooga Realtors,MLS#: 1509740
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Ceiling, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Water Heater, Refrigerator, Gas Water Heater, Free-Standing Refrigerator, Free-Standing Range, Dishwasher
- Laundry: Electric Dryer Hookup, In Hall, Inside, Laundry Room, Lower Level, Main Level, Sink, Upper Level, Washer Hookup, See Remarks
Features
- Bookcases, Built-in Features, Crown Molding, Double Closets, En Suite, Pantry, Separate Dining Room, Soaking Tub, Storage, Walk-In Closet(s)
- Flooring: Carpet, Combination, Hardwood, Parquet, Tile, Varies
- Basement: Partially Finished
- Number of fireplaces: 2
- Fireplace features: Basement, Gas Log, Living Room
Interior area
- Total structure area: 3,117
- Total interior livable area: 3,117 sqft
- Finished area above ground: 3,117
- Finished area below ground: 1,179
Property
Parking
- Total spaces: 2
- Parking features: Basement, Concrete, Garage, Garage Faces Side, Off Street
- Attached garage spaces: 2
Features
- Levels: Two
- Patio & porch: Deck, Front Porch, Porch - Covered
- Exterior features: Private Yard
- Pool features: In Ground, Outdoor Pool
- Fencing: Back Yard,Fenced,Wood
Lot
- Size: 0.9 Acres
- Dimensions: 199' x 199' x 196' x 199'
- Features: Back Yard, Cleared, Corner Lot, Front Yard, Level, See Remarks
Details
- Parcel number: 041n J 020.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Other
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: None
- Security: See Remarks
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $122/sqft
- Tax assessed value: $282,800
- Annual tax amount: $2,228
- Date on market: 5/21/2025
- Listing terms: Cash,Conventional,FHA
- Inclusions: Main Floor: Refrigerator, Stove and Dishwasher remain. WORKSHOP downstairs
- Road surface type: Asphalt, Concrete
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