Call today to schedule a showing on this rental income producing Tri-Plex with lots of space as well as privacy. Each unit offers 2 bedrooms and 1 and half baths, decks and spacious walk-out basement. Middle Unit has updated LVP flooring throughout. Minutes away from Shopping, food and medical facilities.
Closed
$350,000
540 Highland Dr SW, Cleveland, TN 37311
--beds
--baths
1,404sqft
Multi Family
Built in 2007
-- sqft lot
$386,700 Zestimate®
$249/sqft
$1,342 Estimated rent
Home value
$386,700
$356,000 - $418,000
$1,342/mo
Zestimate® history
Owner options
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$1,342/mo
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$1,342/mo
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$2,034/mo
Est. payment
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$2,034/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Barbara Jordan,
RE/MAX Real Estate Professionals
Bought with:
Brian Workman, 271193
Bender Realty LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3150727
Facts & features
Interior
Heating
- Central, Electric
Cooling
- Central Air, Electric, Other
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 1,404
- Total interior livable area: 1,404 sqft
- Finished area below ground: 1,404
Property
Parking
- Parking features: Concrete
Features
- Levels: One
- Stories: 3
Lot
- Size: 0.32 Acres
- Dimensions: 137 x 102
Details
- Parcel number: 057F C 00401 000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Other
- Roof: Shingle
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Haun,Earl
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $473,600
- Annual tax amount: $2,711
- Date on market: 10/18/2023
- Tenant pays: Electricity, Gas, Water
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/17/2023 | Sold | $350,000+55.6%$249/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3150727 Report a problem | ||
| 8/30/2019 | Listing removed | $225,000$160/sqft |
Source: KW Cleveland #20185231 Report a problem | ||
| 8/30/2018 | Listed for sale | $225,000+0%$160/sqft |
Source: Keller Williams Realty Cleveland #20185231 Report a problem | ||
| 4/11/2014 | Listing removed | $224,900$160/sqft |
Source: GILBERT REAL ESTATE & PROPERTY MANAGEMENT #153036 Report a problem | ||
| 10/2/2013 | Listed for sale | $224,900$160/sqft |
Source: GILBERT REAL ESTATE & PROPERTY MANAGEMENT #153036 Report a problem | ||
| 8/24/2013 | Listing removed | $224,900$160/sqft |
Source: GILBERT REAL ESTATE & PROPERTY MANAGEMENT #153036 Report a problem | ||
| 8/31/2012 | Listed for sale | $224,900+799.6%$160/sqft |
Source: GILBERT REAL ESTATE & PROPERTY MANAGEMENT #153036 Report a problem | ||
| 2/12/2007 | Sold | $25,000$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $189,440 +120.3% |
| 2024 | $1,238 | $86,000 |
| 2023 | $1,238 | $86,000 |
| 2022 | $1,238 -54.3% | $86,000 |
| 2021 | $2,711 +4.3% | $86,000 +27.1% |
| 2019 | $2,600 +2% | $67,680 |
| 2018 | $2,550 +0% | -- |
| 2017 | $2,550 -6.7% | -- |
| 2016 | $2,732 | -- |
| 2015 | $2,732 | -- |
| 2014 | $2,732 | -- |
| 2013 | -- | -- |
| 2009 | $2,500 | $76,160 |
| 2008 | -- | $76,160 |
Find assessor info on the county website
Neighborhood: 37311
Nearby homes
- $224,700-- bd3 ba2.3k sqft572 Highland Dr SW, Cleveland, TN 37311Off Market
- $--1 bd1 ba650 sqft572 Highland Dr SW #8, Cleveland, TN 37311Off Market
- $--1 bd1 ba650 sqft572 Highland Dr SW APT 7, Cleveland, TN 37311Off Market
- $150,9003 bd1 ba1.1k sqft517 Highland Dr SW, Cleveland, TN 37311Off Market
- $24,000-- bd-- ba-- sqft517 Highland Dr SW, Cleveland, TN 37311Off Market
- $391,0006 bd4 ba2.6k sqft531 Crest Dr SW, Cleveland, TN 37311Off Market
- $22,0001 Acres523 Crest Dr SW, Cleveland, TN 37310Off Market
- $350,6004 bd3 ba2.5k sqft527 Crest Dr SW, Cleveland, TN 37311Off Market
Nearby schools
GreatSchools rating
- 6/10Blythe- Bower Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Cleveland Middle SchoolGrades: 6-8Distance: 3.6 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Blythe-Bower Elementary
- Middle: Cleveland Middle
- High: Cleveland High
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$386,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$386,700
- Tennessee
- Bradley County
- Cleveland
- 37311
- 540 Highland Dr SW
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