1505 Mohawk Ct NW
Cleveland, TN 37311

$388,000

Last Sold Price

—

Beds

—

Baths

3,848 Sq. Ft.

$101 / Sq. Ft.

3,848

Sq. Ft.

$101

per Sq. Ft.

Closed 1/30/26Virtual Tour

Description

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...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

Listed by Solange Velas • Goldman Partners Realty, LLC
Listed by Sakaylea Sanders • Goldman Partners Realty, LLC

Property Details for 1505 Mohawk Court Northwest

Sub division Name

Georgetown Estates

LISTING UPDATED: 01/30/2026 12:23 PM

Property Details for 1505 Mohawk Court Northwest

Status	Closed
MLS #	1294458
Days on Market	293
Taxes	$3,205 / year
HOA Fees	-
Condo/Co-op Fees	-
Compass Type	Multi Family
MLS Type	Multi-Family
Year Built	1970
Lot Size	0.27 AC / 11,761 SF
County	Bradley County

Location

Listing Courtesy of Goldman Partners Realty, LLC, Solange Velas; Goldman Partners Realty, LLC, Sakaylea Sanders (865.258.4161)

Sold By Goldman Partners Realty, LLC, Solange Velas (865.368.2787); Goldman Partners Realty, LLC, Sakaylea Sanders (865.258.4161)

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Building Information for 1505 Mohawk Court Northwest

Stories-Residences4Year Built1970Building Size-Lot Size0.27 AC / 11,761 SF

Payment Calculator

$2,158 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,891

Property Taxes

$267

HOA Dues

The Payment Calculator is for illustrative purposes only.

Property Information for 1505 Mohawk Court Northwest

Summary

Location and General Information

City: Cleveland
County Or Parish: Bradley County - 47

Directions: Take I-75 to exit 25 towards Cleveland and turn right onto Georgetown Rd. Go .7 miles and turn right onto Ohio Ave then go .3 miles abd turn right onto Mohawk Ct. The 4 plex is immediately on your left at the corner of Mohawk & Ohio.
Latitude: 35.178676
Longitude: -84.886582
MLS Area Major: Bradley County - 47
MLS Area Minor: Bradley County - 47
Postal Code: 37311
State Or Province: TN
Location Tax Legal Info Area: Bradley County - 47
Remarks Misc Directions: Take I-75 to exit 25 towards Cleveland and turn right onto Georgetown Rd. Go .7 miles and turn right onto Ohio Ave then go .3 miles abd turn right onto Mohawk Ct. The 4 plex is immediately on your left at the corner of Mohawk & Ohio.

Parking

Attached Garage: No
Parking Features: On Premise Parking

General Property Description Driveway: Paved
Garage Parking On Premise Parking: True

Taxes and HOA Information

Association Fee: 0.0
Parcel Number: 049C A 031.00

Owner Expenses Taxes: True
Location Tax Legal Info Total Tax: 3205.16

Virtual Tour

Virtual Tours Count: 0

Property

Lot Information

Building Area Source: Tax Records
Lot Size Area: 11550.0

Lot Size Units: Square Feet
Lot Size Square Feet: 11550.0
Year Built: 1970
Building Area Total: 3848.0
Living Area Source: Tax Records
Lot Size Acres: 0.27
Lot Size Dimensions: 125x106
General Property Description SqFt - Source: Tax Records
General Property Description Lot Dimensions: 125x106
General Property Description Lot Size SqFt: 11550.0

Property and Assessments

Possession: At Closing
Property Type Label: Multi-Family

Floor Plans Count: 0
Property Type: Multi-Family
Possession At Closing: True

Utilities

General Property Description UtilitiesMo Avg: 0.0
Fuel Electric: True

Miscellaneous WasherDryer Cnctns: True

Interior and Exterior Features

Exterior Features

Exterior Features: Balcony
Construction Materials: Brick, Other

Siding Brick: True
Siding Other: True
Exterior Features Balcony: True
Exterior Features Patio: True

Interior Features

Cooling: Central Cooling
Bathrooms Total Integer: 0

Cooling Details: Yes
Kitchen Appliances: Dishwasher, Range, Refrigerator
Heating Details: Central, Electric
Flooring: Laminate, Carpet, Vinyl, Tile
Heating: Yes
Heating Central: Yes
Cooling Central Cooling: True
Floors Carpet: True
Floors Laminate: True
Floors Tile: True
Floors Vinyl: True
Heat Central: True
Appliances Dishwasher: True
Appliances Range: True
Appliances Refrigerator: True
Other Rooms Other: True
Roof Metal: True
Misc Features WasherDryer Connect: True

Multi Family

Income & Expenses Information

Gross Income: $40,800.00
Net Operating Income: $37,754.00

OperatingExpense: $7,126.00

Multi-Family Information

Number Of Units Total: 4
Type of Units 1 Bedroom Unit: True

Type of Units 2 Bedroom Unit: True
Type of Units Garden: True
Income Expenses Gross Annual Income: 40800.0
Income Expenses Annual Oper Expenses: 7126.0

Unit 1

Unit 1 Unit Number: 1
Unit 1 Beds Total: 2

Unit 1 Rent: 900
Unit 1 Furnished: Unfurnished

Unit 2

Unit 2 Unit Number: 2
Unit 2 Beds Total: 2

Unit 2 Rent: 900
Unit 2 Furnished: Unfurnished

Unit 3

Unit 3 Unit Number: 3
Unit 3 Beds Total: 2

Unit 3 Rent: 800
Unit 3 Furnished: Unfurnished

Unit 4

Unit 4 Unit Number: 4
Unit 4 Beds Total: 1

Unit 4 Rent: 800
Unit 4 Furnished: Unfurnished

Rental

Rent Information

General Property Description Number of Units Leased: 3.0
General Property Description Lease Information: 3- 2BR + 1BA $800-$1000 1- 1BR + 1BA $800

Tenant Expenses Cooling: Central Cooling
Tenant Expenses Heating: Central,Electric
Tenant Expenses Tenant Pays All Utilities: True

Property History for 1505 Mohawk Court Northwest

Date	Event & Source	Price	Appreciation
Jan 30, 2026	Closed (Public Record) Public Record #1927428694	$388,000	-11.2% / yr
Jan 30, 2026	Closed KAARMLS #1294458	$388,000	—
Jan 16, 2026	Contract - Not Showing KAARMLS #1294458		—
Jan 12, 2026	Listed (Active) KAARMLS #1294458	$487,500	—
Jan 7, 2026	Contract - Not Showing KAARMLS #1294458		—
Oct 31, 2025	Price Change KAARMLS #1294458	$419,500	—
Aug 27, 2025	Price Change KAARMLS #1294458	$445,000	—
Jul 14, 2025	Price Change KAARMLS #1294458	$462,000	—
Jun 3, 2025	Price Change KAARMLS #1294458	$475,000	—
Mar 24, 2025	Listed (Active) KAARMLS #1294458	$487,500	—
Jan 31, 2018	Closed (Public Record) Public Record #614995065	$1,000,100	+46.6% / yr
Oct 7, 2011	Closed (Public Record) Public Record #316848665	$89,000	-8.7% / yr
Jul 5, 2007	Expired Greater Chattanooga Association of REALTORS #1081080	$169,900	—
Jul 5, 2007	Expired Greater Chattanooga Association of REALTORS #1081080	$169,900	—
Feb 7, 2007	Listed (Active) Greater Chattanooga Association of REALTORS #1081080	$179,000	—
Feb 7, 2007	Listed (Active) Greater Chattanooga Association of REALTORS #1081080	$179,000	—
Jun 21, 2006	Withdrawn Greater Chattanooga Association of REALTORS #1061166	$182,000	—
Jun 21, 2006	Withdrawn Greater Chattanooga Association of REALTORS #1061166	$182,000	—
Feb 23, 2006	Listed (Active) Greater Chattanooga Association of REALTORS #1061166	$182,000	—
Feb 23, 2006	Listed (Active) Greater Chattanooga Association of REALTORS #1061166	$182,000	—
May 5, 2005	Closed (Public Record) Public Record #156324456	$160,000	—
May 5, 2005	Closed Greater Chattanooga Association of REALTORS #1042377	$160,000	—
May 5, 2005	Closed Greater Chattanooga Association of REALTORS #1042377	$160,000	—
Apr 2, 2005	Contract - Not Showing Greater Chattanooga Association of REALTORS #1042377		—
Apr 2, 2005	Contract - Not Showing Greater Chattanooga Association of REALTORS #1042377		—
Feb 11, 2005	Listed (Active) Greater Chattanooga Association of REALTORS #1042377	$165,900	—
Feb 11, 2005	Listed (Active) Greater Chattanooga Association of REALTORS #1042377	$165,900	—

Date	Event & Source	Price
01/30/2026	Closed (Public Record) Public Record #1927428694	$388,000 -11.2% / yr
01/30/2026	Closed KAARMLS #1294458	$388,000
01/16/2026	Contract - Not Showing KAARMLS #1294458	—
01/12/2026	Listed (Active) KAARMLS #1294458	$487,500
01/07/2026	Contract - Not Showing KAARMLS #1294458	—
10/31/2025	Price Change KAARMLS #1294458	$419,500
08/27/2025	Price Change KAARMLS #1294458	$445,000
07/14/2025	Price Change KAARMLS #1294458	$462,000
06/03/2025	Price Change KAARMLS #1294458	$475,000
03/24/2025	Listed (Active) KAARMLS #1294458	$487,500
01/31/2018	Closed (Public Record) Public Record #614995065	$1,000,100 +46.6% / yr
10/07/2011	Closed (Public Record) Public Record #316848665	$89,000 -8.7% / yr
07/05/2007	Expired Greater Chattanooga Association of REALTORS #1081080	$169,900
07/05/2007	Expired Greater Chattanooga Association of REALTORS #1081080	$169,900
02/07/2007	Listed (Active) Greater Chattanooga Association of REALTORS #1081080	$179,000
02/07/2007	Listed (Active) Greater Chattanooga Association of REALTORS #1081080	$179,000
06/21/2006	Withdrawn Greater Chattanooga Association of REALTORS #1061166	$182,000
06/21/2006	Withdrawn Greater Chattanooga Association of REALTORS #1061166	$182,000
02/23/2006	Listed (Active) Greater Chattanooga Association of REALTORS #1061166	$182,000
02/23/2006	Listed (Active) Greater Chattanooga Association of REALTORS #1061166	$182,000
05/05/2005	Closed (Public Record) Public Record #156324456	$160,000
05/05/2005	Closed Greater Chattanooga Association of REALTORS #1042377	$160,000
05/05/2005	Closed Greater Chattanooga Association of REALTORS #1042377	$160,000
04/02/2005	Contract - Not Showing Greater Chattanooga Association of REALTORS #1042377	—
04/02/2005	Contract - Not Showing Greater Chattanooga Association of REALTORS #1042377	—
02/11/2005	Listed (Active) Greater Chattanooga Association of REALTORS #1042377	$165,900
02/11/2005	Listed (Active) Greater Chattanooga Association of REALTORS #1042377	$165,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1505 Mohawk Court Northwest

Taxable ValueLand$17,600Additions$145,800Total$163,400

Tax Record2025$1,621 ($135 / month)

Home Facts

Total Finished SqFt5,772 SqFtAbove Grade Finished SqFt3,848 SqFtFinished Basement SqFt1,924 SqFtStories1Lot Size87,120 SqFtStyleDuplexYear Built1970Year Renovated1990CountyBRADLEYAPN049C A 031.00 000Fireplace TypeHas Fireplace

Schools near 1505 Mohawk Court Northwest

This home is within Cleveland School District.


Rating	School	Type	Grades	Distance
3/10	George R Stuart	Public - Serves this home	PK to 5	0.5 mi
4/10	Cleveland Middle School	Public - Serves this home	6 to 8	1.8 mi
7/10	Cleveland High School	Public - Serves this home	9 to 12	1.5 mi
NR	United Christian Academy	Private - Nearby school	PK to 12	0.5 mi


Rating	School	Distance
3/10	George R Stuart PublicPK to 5 Serves this home	0.5 mi
4/10	Cleveland Middle School Public6 to 8 Serves this home	1.8 mi
7/10	Cleveland High School Public9 to 12 Serves this home	1.5 mi
NR	United Christian Academy PrivatePK to 12 Nearby school	0.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Goldman Partners Realty, LLC, Solange Velas; Goldman Partners Realty, LLC, Sakaylea Sanders (865.258.4161)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 01/30/2026 12:23 PM

1505 Mohawk Ct NWCleveland, TN 37311

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1505 Mohawk Ct NW
Cleveland, TN 37311