Real Estate Investment Properties for Sale in Cleveland, TN

Looking for investment property in Cleveland, TN with high ROI ?

Explore a variety of short-term homes & houses in Cleveland, TN. Invest wisely with VRBO & Cleveland, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Cleveland, TN

Search for Townhouse for Sale in Cleveland, Tennessee. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 58 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
551 Bellingham Drive NE Cleveland, TN Welcome to 551 Bellingham Drive NE--easy, one-level living in a convenient location! This ...	2 beds \| 2 baths \| 1,082 sq.ft.	$249,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 4.79% Airbnb Rental Income: $1115 Traditional Rental Income: $1611 Airbnb ROI: 1.1% Traditional ROI: 4.79%
523 NE Bellingham Drive Cleveland, TN Welcome to this spacious end-unit townhome in the desirable Bellingham community, offering...	3 beds \| 3 baths \| 1,664 sq.ft.	$300,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 5.52% Airbnb Rental Income: $1605 Traditional Rental Income: $2107 Airbnb ROI: 2.13% Traditional ROI: 5.52%
251 Sharon Drive NE Cleveland, TN Welcome Home to 251 Sharon Drive, This move-in ready, beautifully updated, residence has s...	2 beds \| 3 baths \| 1,376 sq.ft.	$273,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.48% Airbnb Rental Income: $1115 Traditional Rental Income: $1896 Airbnb ROI: 1.01% Traditional ROI: 5.48%
3437 Fleeman Place Drive NE Cleveland, TN Beautiful 2020-built townhome coming soon to the market in a highly desirable location in ...	3 beds \| 3 baths \| 1,480 sq.ft.	$285,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 6.37% Airbnb Rental Income: $1605 Traditional Rental Income: $2214 Airbnb ROI: 2.41% Traditional ROI: 6.37%
3022 Villas Creekside Drive Cleveland, TN Welcome to easy living in the heart of East Tennessee at 3022 Villas Creekside in beautifu...	3 beds \| 2 baths \| 1,586 sq.ft.	$324,999	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.05% Airbnb Rental Income: $1605 Traditional Rental Income: $1968 Airbnb ROI: 1.37% Traditional ROI: 4.05%
1716 Chelsa Drive NE Cleveland, TN ONE LEVEL LIVING \| CONVENIENT LOCATION - Enjoy easy living in this beautifully designed on...	2 beds \| 2 baths \| 1,504 sq.ft.	$325,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 4.64% Airbnb Rental Income: $1115 Traditional Rental Income: $2011 Airbnb ROI: 0.48% Traditional ROI: 4.64%
1340 #y Drive NE Cleveland, TN New Construction Townhome with Scenic Mountain Views - Northeast Cleveland, TN Experience ...	3 beds \| 3 baths \| 1,216 sq.ft.	$259,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 5.05% Airbnb Rental Income: $1444 Traditional Rental Income: $1718 Airbnb ROI: 2.18% Traditional ROI: 5.05%
523 NE Bellingham Drive Cleveland, TN Welcome to this spacious end-unit townhome in the desirable Bellingham community, offering...	3 beds \| 3 baths \| 1,664 sq.ft.	$300,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.68% Airbnb Rental Income: $1605 Traditional Rental Income: $2157 Airbnb ROI: 2.11% Traditional ROI: 5.68%
164 Arthur Lane NW Cleveland, TN Welcome to your dream townhome in beautiful Cleveland TN! These homes are in the perfect l...	3 beds \| 3 baths \| 1,800 sq.ft.	$459,500	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.8% Airbnb Rental Income: $1444 Traditional Rental Income: $2231 Airbnb ROI: -0.02% Traditional ROI: 2.8%
388 NE Bellingham Drive Cleveland, TN Brand new unit just completed in Bellingham Subdivision! One level! Two Bedroom/Two Bath T...	2 beds \| 2 baths \| 1,057 sq.ft.	$246,400	Airbnb cash on cash: 0.67% Traditional cash on cash: 4.74% Airbnb Rental Income: $1115 Traditional Rental Income: $1689 Airbnb ROI: 0.67% Traditional ROI: 4.74%
3472 Pinecrest Avenue NW Cleveland, TN Pre-Selling, Under Construction....Single Level Townhome. You asked for it & here it is. B...	2 beds \| 2 baths \| 1,104 sq.ft.	$254,500	Airbnb cash on cash: -0.28% Traditional cash on cash: 5.47% Airbnb Rental Income: $786 Traditional Rental Income: $1848 Airbnb ROI: -0.28% Traditional ROI: 5.47%
166 Arthur Lane NW Cleveland, TN Welcome to your dream townhome in beautiful Cleveland TN! These homes are in the perfect l...	2 beds \| 3 baths \| 1,800 sq.ft.	$459,500	Airbnb cash on cash: -1.3% Traditional cash on cash: 3.05% Airbnb Rental Income: $786 Traditional Rental Income: $2336 Airbnb ROI: -1.3% Traditional ROI: 3.05%
1916 Young Road SE Cleveland, TN Looking for a beautifully maintained townhome in Cleveland? This one-owner gem is just 4 y...	3 beds \| 4 baths \| 1,520 sq.ft.	$250,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 6.29% Airbnb Rental Income: $1605 Traditional Rental Income: $2028 Airbnb ROI: 2.57% Traditional ROI: 6.29%
3211 Green Turtle Lane NE Cleveland, TN Welcome to the brand new Riverstone Construction model home in The Abaco Subdivision! Alth...	2 beds \| 3 baths \| 1,397 sq.ft.	$289,900	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.87% Airbnb Rental Income: $1115 Traditional Rental Income: $1977 Airbnb ROI: 1.34% Traditional ROI: 5.87%
1325 Chippewah Avenue SE Cleveland, TN Style, Convenience and location are only a few things that describe this charming 3 bedroo...	3 beds \| 2 baths \| 1,510 sq.ft.	$239,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 7.62% Airbnb Rental Income: $1605 Traditional Rental Income: $2181 Airbnb ROI: 3.05% Traditional ROI: 7.62%
5124 Meadowbend Drive NE Cleveland, TN Welcome home to this beautifully designed one-level townhouse offering 1,897 sq. ft., 3 be...	3 beds \| 2 baths \| 1,897 sq.ft.	$370,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 4.63% Airbnb Rental Income: $1605 Traditional Rental Income: $2259 Airbnb ROI: 1.43% Traditional ROI: 4.63%
141 Bellingham Cove NE Cleveland, TN NEW PRICE IMPROVEMENT and PAINT REFRESH - ACT FAST! Like-new 2023 townhome in North Clevel...	2 beds \| 3 baths \| 1,410 sq.ft.	$272,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 5.78% Airbnb Rental Income: $1115 Traditional Rental Income: $1916 Airbnb ROI: 1.19% Traditional ROI: 5.78%
3238 Green Turtle Lane NE Cleveland, TN The new construction Abaco townhome community is close to Lee University and centrally loc...	2 beds \| 3 baths \| 1,397 sq.ft.	$289,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.62% Airbnb Rental Income: $1115 Traditional Rental Income: $1916 Airbnb ROI: 1.32% Traditional ROI: 5.62%
3480 Pinecrest Avenue NW Cleveland, TN Step into this brand-new single level ranch style condo offering approximately 1,104 squar...	2 beds \| 2 baths \| 1,104 sq.ft.	$259,500	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.26% Airbnb Rental Income: $786 Traditional Rental Income: $1828 Airbnb ROI: -0.3% Traditional ROI: 5.26%
3482 Pinecrest Avenue NW Cleveland, TN Step into this brand-new single level ranch style condo offering approximately 1,104 squar...	2 beds \| 2 baths \| 1,104 sq.ft.	$254,500	Airbnb cash on cash: -0.28% Traditional cash on cash: 5.52% Airbnb Rental Income: $786 Traditional Rental Income: $1861 Airbnb ROI: -0.28% Traditional ROI: 5.52%
3484 Pinecrest Avenue NW Cleveland, TN Step into this brand-new single level ranch style condo offering approximately 1,104 squar...	2 beds \| 2 baths \| 1,104 sq.ft.	$254,500	Airbnb cash on cash: -0.28% Traditional cash on cash: 5.38% Airbnb Rental Income: $786 Traditional Rental Income: $1827 Airbnb ROI: -0.28% Traditional ROI: 5.38%
3486 Pinecrest Avenue NW Cleveland, TN Step into this brand-new single level ranch style condo offering approximately 1,104 squar...	2 beds \| 2 baths \| 1,104 sq.ft.	$254,500	Airbnb cash on cash: -0.28% Traditional cash on cash: 5.38% Airbnb Rental Income: $786 Traditional Rental Income: $1828 Airbnb ROI: -0.28% Traditional ROI: 5.38%
1364 Catherine Circle NW Cleveland, TN BRAND NEW TOWNHOME BY SHTEFWORKS CONSTRUCTION. 1,795 sq ft with a highly functional, spaci...	3 beds \| 3 baths \| 1,795 sq.ft.	$325,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.97% Airbnb Rental Income: $1444 Traditional Rental Income: $2132 Airbnb ROI: 1.31% Traditional ROI: 4.97%
3236 Green Turtle Lane NE Cleveland, TN New Construction 2 bedroom/ 2.5 bath townhome with a garage and for a limited time the Bui...	2 beds \| 3 baths \| 1,400 sq.ft.	$279,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 5.49% Airbnb Rental Income: $1115 Traditional Rental Income: $1820 Airbnb ROI: 1.4% Traditional ROI: 5.49%
3222 Green Turtle Lane NE Cleveland, TN $$$10,000$$$ in a credit to YOU to use any way you want given to you by the builder!!! Wel...	2 beds \| 3 baths \| 1,397 sq.ft.	$289,900	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.27% Airbnb Rental Income: $1115 Traditional Rental Income: $1819 Airbnb ROI: 1.32% Traditional ROI: 5.27%
2098 Shady Lane Cleveland, TN The first home at The Hoback is officially under contract! Now is the perfect time to secu...	2 beds \| 2 baths \| 1,057 sq.ft.	$259,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 4.86% Airbnb Rental Income: $1115 Traditional Rental Income: $1704 Airbnb ROI: 0.93% Traditional ROI: 4.86%
2106 Shady Lane Cleveland, TN Introducing the Loudon at The Hoback! The Loudon is one of the exciting new floor plans no...	2 beds \| 2 baths \| 1,098 sq.ft.	$289,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 4.46% Airbnb Rental Income: $1115 Traditional Rental Income: $1776 Airbnb ROI: 0.66% Traditional ROI: 4.46%
631 NE Bellingham Drive NE Cleveland, TN Welcome to Bellingham, Cleveland's newest community offering beautiful townhomes with thou...	2 beds \| 3 baths \| 1,313 sq.ft.	$245,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 5.85% Airbnb Rental Income: $1115 Traditional Rental Income: $1761 Airbnb ROI: 1.46% Traditional ROI: 5.85%
1685 Stonebriar Drive NE Cleveland, TN NO HOA FEES HERE! Experience convenient and easy living in this 2-bedroom, 2.5-bath townho...	2 beds \| 3 baths \| 1,450 sq.ft.	$229,900	Airbnb cash on cash: 1.45% Traditional cash on cash: 7.02% Airbnb Rental Income: $1115 Traditional Rental Income: $1953 Airbnb ROI: 1.45% Traditional ROI: 7.02%
388 NE Bellingham Drive NE Cleveland, TN Brand new unit just completed in Bellingham Subdivision! One level! Two Bedroom/Two Bath T...	2 beds \| 2 baths \| 1,057 sq.ft.	$246,400	Airbnb cash on cash: 1.62% Traditional cash on cash: 5.27% Airbnb Rental Income: $1115 Traditional Rental Income: $1589 Airbnb ROI: 1.62% Traditional ROI: 5.27%
2104 Shady Lane Cleveland, TN THE HOBACK- is a brand new townhome community and a brand new floorplan is being built! Th...	2 beds \| 2 baths \| 1,180 sq.ft.	$269,900	Airbnb cash on cash: 0.84% Traditional cash on cash: 4.72% Airbnb Rental Income: $1115 Traditional Rental Income: $1729 Airbnb ROI: 0.84% Traditional ROI: 4.72%
1362 Catherine Circle NW Cleveland, TN Beautifully designed townhome featuring 3 bedrooms plus an office! It has high-end finishe...	3 beds \| 3 baths \| 1,795 sq.ft.	$325,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.72% Airbnb Rental Income: $1444 Traditional Rental Income: $2153 Airbnb ROI: 1.99% Traditional ROI: 5.72%
5280 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	2 beds \| 3 baths \| 1,700 sq.ft.	$399,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.62% Airbnb Rental Income: $786 Traditional Rental Income: $2212 Airbnb ROI: -0.03% Traditional ROI: 4.62%
5284 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	2 beds \| 3 baths \| 1,700 sq.ft.	$399,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.61% Airbnb Rental Income: $786 Traditional Rental Income: $2208 Airbnb ROI: -0.03% Traditional ROI: 4.61%
5282 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	4 beds \| 3 baths \| 2,550 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.39% Airbnb Rental Income: $null Traditional Rental Income: $2425 Airbnb ROI: N/A Traditional ROI: 4.39%
5274 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	2 beds \| 3 baths \| 1,700 sq.ft.	$399,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.62% Airbnb Rental Income: $786 Traditional Rental Income: $2212 Airbnb ROI: -0.03% Traditional ROI: 4.62%
5272 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	4 beds \| 4 baths \| 2,550 sq.ft.	$464,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $2837 Airbnb ROI: N/A Traditional ROI: 5.28%
5270 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	2 beds \| 3 baths \| 1,700 sq.ft.	$399,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.61% Airbnb Rental Income: $786 Traditional Rental Income: $2208 Airbnb ROI: -0.03% Traditional ROI: 4.61%
5264 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	2 beds \| 3 baths \| 1,700 sq.ft.	$399,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.62% Airbnb Rental Income: $786 Traditional Rental Income: $2212 Airbnb ROI: -0.03% Traditional ROI: 4.62%
5260 Baylor Street NW Cleveland, TN Stunning New Construction Townhouse with Resort-Style Amenities! Welcome to modern living ...	2 beds \| 3 baths \| 1,700 sq.ft.	$399,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 4.62% Airbnb Rental Income: $786 Traditional Rental Income: $2212 Airbnb ROI: -0.03% Traditional ROI: 4.62%

Your search for investment property begins and ends here

Townhouses for Sale in Cleveland, TN

551 Bellingham Drive NE

Cleveland, TN

2 beds | 2 baths | 1,082 sq.ft.

$249,900

Airbnb cash on cash: 1.1%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $1115

Traditional Rental Income: $1611

Airbnb ROI: 1.1%

Traditional ROI: 4.79%

523 NE Bellingham Drive

Cleveland, TN

3 beds | 3 baths | 1,664 sq.ft.

$300,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $1605

Traditional Rental Income: $2107

Airbnb ROI: 2.13%

Traditional ROI: 5.52%

251 Sharon Drive NE

Cleveland, TN

2 beds | 3 baths | 1,376 sq.ft.

$273,900

Airbnb cash on cash: 1.01%

Traditional cash on cash: 5.48%

Airbnb Rental Income: $1115

Traditional Rental Income: $1896

Airbnb ROI: 1.01%

Traditional ROI: 5.48%

3437 Fleeman Place Drive NE

Cleveland, TN

3 beds | 3 baths | 1,480 sq.ft.

$285,000

Airbnb cash on cash: 2.41%

Traditional cash on cash: 6.37%

Airbnb Rental Income: $1605

Traditional Rental Income: $2214

Airbnb ROI: 2.41%

Traditional ROI: 6.37%

3022 Villas Creekside Drive

Cleveland, TN

3 beds | 2 baths | 1,586 sq.ft.

$324,999

Airbnb cash on cash: 1.37%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $1605

Traditional Rental Income: $1968

Airbnb ROI: 1.37%

Traditional ROI: 4.05%

1716 Chelsa Drive NE

Cleveland, TN

2 beds | 2 baths | 1,504 sq.ft.

$325,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1115

Traditional Rental Income: $2011

Airbnb ROI: 0.48%

Traditional ROI: 4.64%

1340 #y Drive NE

Cleveland, TN

3 beds | 3 baths | 1,216 sq.ft.

$259,900

Airbnb cash on cash: 2.18%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $1444

Traditional Rental Income: $1718

Airbnb ROI: 2.18%

Traditional ROI: 5.05%

523 NE Bellingham Drive

Cleveland, TN

3 beds | 3 baths | 1,664 sq.ft.

$300,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $1605

Traditional Rental Income: $2157

Airbnb ROI: 2.11%