MULTI FAMILY LOT IN IDEAL LOCATION - Discover a increasing rare and highly strategic investment opportunity in one of Cleveland's fastest-growing corridors. This ±1.14 acre parcel on Old Tasso Road would be perfect for three quads or it has been prelimarily approved for up to 16 multifamily units under an HPR (Horizontal Property Regime), making it ideal for developers or investors seeking to capitalize on Cleveland's booming housing market. Cleveland, TN continues to experience steady and notable population growth, driven by its dynamic local economy, exceptional quality of life, and strategic location near major transportation arteries. The area's population has grown consistently year over year, creating strong demand for new housing, particularly affordable and workforce multifamily options. Adding even greater appeal to this property is Cleveland's ongoing success in attracting major employers and new industry. Multiple national and international companies have announced significant investments in the area, promising robust job creation and further population inflows over the next several years. These include automotive suppliers, advanced manufacturing companies, and distribution centers, all reinforcing Cleveland's reputation as a regional economic powerhouse. This tract's location on Old Tasso Road offers excellent access to both residential amenities and major thoroughfares, ensuring future residents enjoy convenience and connectivity. Combine that with the scarcity of approved multifamily development sites in the area, and this property becomes an exceptional canvas for developers looking to meet Cleveland's rising demand.
INVESTMENT OPPORTUNITY ON OVER AN ACRE - Neglected, not abused, all this home needs is a little TLC and is an excellent investment opportunity! Close to everything Cleveland has to offer, this home will be a great one to add to your portfolio. Contact us today to see this one!
GCAR #1394165
Jun 19, 2024
Listed
$289,000
Public Records
Apr 30, 2024
Sold
$138,000
Public Records
Jan 5, 2024
Sold
$315,000
GCAR #1384808
Jan 2, 2024
Listed
$315,000
REALTRACS #3252818
Jan 5, 2024
Sold
$315,000
Jan 5, 2024
Listed
$315,000
Jan 2, 2024
Listed
$315,000
Public Records
May 9, 2016
Sold
$75,000
Year
Property tax
Land + Additions
Assessment*
2025
$1,619 (+14.3%)
$54,000 + $17,775
$71,775
2024
$1,417
$54,000 + $17,775
$71,775
2023
$1,417
$33,950 + $10,975
$44,925
2022
$1,417 (+119.0%)
$33,950 + $10,975
$44,925
2021
$647 (+2.2%)
$33,950 + $10,975
$44,925
2020
$633 (−53.6%)
$33,950 + $10,975
$44,925
2019
$1,365 (+124.9%)
$27,450 + $8,075
$35,525
2018
$607 (−54.7%)
$27,450 + $8,075
$35,525
2017
$1,339 (+4.6%)
$27,450 + $8,075
$35,525
2016
$1,280
$27,450 + $8,075
$35,525
2015
$1,281 (+8.3%)
$24,300 + $10,925
$35,225
2014
$1,183
Tax history for 3905 Old Tasso Rd NE
Year
Property tax
Land + Additions
Assessment*
2025
$1,619 (+14.3%)
$54,000 + $17,775
$71,775
2024
$1,417
$54,000 + $17,775
$71,775
2023
$1,417
$33,950 + $10,975
$44,925
2022
$1,417 (+119.0%)
$33,950 + $10,975
$44,925
2021
$647 (+2.2%)
$33,950 + $10,975
$44,925
2020
$633 (−53.6%)
$33,950 + $10,975
$44,925
2019
$1,365 (+124.9%)
$27,450 + $8,075
$35,525
2018
$607 (−54.7%)
$27,450 + $8,075
$35,525
2017
$1,339 (+4.6%)
$27,450 + $8,075
$35,525
2016
$1,280
$27,450 + $8,075
$35,525
2015
$1,281 (+8.3%)
$24,300 + $10,925
$35,225
2014
$1,183
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.35 Acres
Year renovated
1977
Sq. Ft.
896
Year built
1977
Style
Single Family Residential
County
Bradley County
APN
050 00107 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
Property details
Parking
Parking Information
Parking Total: 0
Exterior
Property Information
Property Type: Land
Lot Information
Lot Features: Sloped, Level
Lot Size Area: 1.14
Lot Size Units: Acres
Lot Size Acres: 1.14
Road Frontage Type: City Street
Financial
Tax Information
Tax Annual Amount: $1,416
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Water Available
Location
School Information
Elementary School: Mayfield Elementary
Middle Or Junior High School: Cleveland Middle
High School: Cleveland High
Location Information
Directions: Starting on 25th St NW, go straight until the 20th St exit. Take exit and then turn left onto 20th St NE. Turn left onto Old Tasso Rd NE, property will be on the left.
Topography: Sloped,Level
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 896
Stories: 1.0
Lot Size: 1.35 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: 1977
County: Bradley County
APN: 050 00107 000
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
Mayfield Elementary School
Public PreK-5 • Assigned • 1.9mi
5/10
Cleveland Middle School
Public 6-8 • Assigned • 3.7mi
4/10
Cleveland High School
Public 9-12 • Assigned • 2.2mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 19 days in 30 years
3/10 Wind Factor
5% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Cleveland, TN • 37312
Average low and high temperatures (°F)
47
27
57
35
70
44
77
53
77
59
86
66
90
72
85
67
83
62
74
51
65
43
54
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.2 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9.2 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$230,000 – $278,000
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