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Listed price in listed location currency (USD).
$2,500,000

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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 6248 sqft
Garage Yes
Taxes $273
Days Active 0
Lot Size 
Approx. Age 2026
Avg. Price Per Sqft $400
MLS® Number 1522203

Property Address: 0 Gate Tower Way Ne, Cleveland, TN, 37312

Average square foot calculated using Size range provided by listing agent.

Description

ATTENTION INVESTORS! Exceptional New Construction Investment Package Offered! Currently under construction and sold together are TWO Four-Family/Quadplex buildings (Lot 51 Gate Tower Way NE Parcel Id/ Tax ID: 050E H 039.00 and Lot 52 Gate Tower Way NE Parcel Id/ Tax ID: 050E H 040.00) PLUS TWO ready to build adjacent lots zoned Residential R-2 (Lot 49 Bell Tower Ln Parcel ID/ Tax ID: 050E H 017.00 and Lot 50 Bell Tower Ln Parcel ID/ Tax ID: 050E H 018.00). Residential R-2 allows for Single Family, Two-Family/ Duplex, and Four-Family/ Quadplex, among other things. Expected completion Spring 2026. Each Four-Family/Quadplex will have four 3 bedrooms, 2 and a half bathrooms, one car garage, 9 foot ceilings on the main level, vaulted ceilings in all bedrooms with ceiling fans, 2 story foyer, LVP flooring, custom white cabinets, granite countertops, kitchen island, stainless steel appliances, and back patio. Designed and built for low maintenance. Enjoy future rental income while building on the adjacent lots. City Water, Sewer, Electricity, and water meter boxes have been set for lots. MLS listing reflects information for the one Four-Family/Quadplex on Lot 52. Property taxes to be determined. Information is deemed reliable but is not guaranteed. Buyers are responsible to independently verify all information. Agent has a personal interest. 1031 Exchange Buyers Welcome. Local Lender recommendations available. Owner financing is not available. Access road will be completed prior to closing. APPOINTMENTS REQUIRED - NO TRESPASSING. Call for more information.
MLS® Number1522203
Laundry LevelUpper Level, Washer Hookup
Central VacNo
FireplaceNo
Acreage1.11
ExteriorRain Gutters
GarageYes
Approx. Age2026
Basement
DrivewayConcrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces
HeatCentral
A/CCeiling Fan(s), Central Air
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 11, 2025List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
0 Gate Tower Way Ne, Cleveland, TN

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