Cleveland Homes under $500,000

Cleveland Homes under $500,000

Welcome to Cleveland, Tennessee – a hidden gem nestled in the heart of Bradley County! Known for its warm Southern charm and vibrant community spirit, Cleveland offers a perfect blend of small-town tranquility and modern amenities. With a rich history and a commitment to growth, this city is an ideal place for families, professionals, and retirees alike.

Cleveland is surrounded by stunning natural beauty, with the picturesque Blue Ridge Mountains to the east and the tranquil waters of the Hiwassee River winding through the area. Outdoor enthusiasts will find a wealth of recreational opportunities, from hiking and fishing to picnicking in one of the many local parks. The city also boasts a thriving arts scene, with various galleries, theaters, and cultural events that celebrate local talent and heritage.

For those seeking a new home in Cleveland, you’ll be delighted to discover that there are numerous properties available under $500,000. Whether you’re looking for a cozy starter home, a spacious family residence, or a charming cottage, Cleveland's real estate market has something to suit every taste and budget. Many of these homes offer modern amenities, beautiful yards, and easy access to local schools, shopping, and dining options.

As Cleveland continues to grow and evolve, it remains a welcoming community that values its residents and fosters a strong sense of belonging. Come explore all that Cleveland, TN has to offer, and find your dream home in this enchanting city today!

Newest Cleveland Homes under $500,000

2603 Sweet Bay Circle NW, Cleveland
$450,000
4 Beds ⋅ 3 Baths ⋅ 1543897 MLS
Tucked in the back of The Magnolias neighborhood, this lovely 4 BR home offers versatility and convenience. The main level includes 3 bedrooms, 2 baths, formal dining, a kitchen with breakfast room, and living room with fireplace. Upstairs you'll find a bedroom, full bath and large bonus room complete with a pool table.. Enjoy quiet mornings and peaceful evenings on your screened porch. Primary bedroom has large barrier-free shower. Chef's kitchen includes gas cooking and granite counters. The home has been freshly painted and ready for its new owner. Washer, dryer and refrigerator included for a move-in ready home! The quiet neighborhood, located in Candys Creek Cherokee Elementary school district, boasts sidewalks and friendly neighbors. Some photos may be virtually staged to show possible furniture placement. Call your favorite Realtor today to make an appointment to see this lovely home.

2603 Sweet Bay Circle NW, Cleveland
2640 Alvin Court NW, Cleveland
$299,900
4 Beds ⋅ 2 Baths ⋅ 1543886 MLS
Room to spread out inside and enjoy the outdoors! This updated four-bedroom, two-bath home sits on approximately three-quarters of an acre on a level corner lot in northwest Cleveland. Luxury vinyl flooring, crown molding, and a kitchen island bring style and everyday function to the interior, while finished lower-level space offers flexibility for entertaining, hobbies, or additional living space. Step outside to enjoy the rear deck, fenced yard, and timber gazebo, perfect for outdoor meals or relaxing evenings. A storage shed provides room for tools and lawn equipment, and the two-space carport and paved driveway add convenient parking. With no HOA and a location outside city limits, this home offers a combination of space, practical features, and outdoor enjoyment. Schedule your showing today!

2640 Alvin Court NW, Cleveland
Lot 4 Harris Creek Trail, Cleveland
$379,900
3 Beds ⋅ 2 Baths ⋅ 1543881 MLS
*Presale* Discover tranquil country living in this beautifully designed 1,670 sf home that proves good things come in perfectly sized packages. This single-level gem features a thoughtful split bedroom layout that creates natural privacy zones, making it ideal for families or anyone who values a well-organized living space. Step inside to find three comfortable bedrooms, including a primary bedroom with a generous walk-in closet that will make your morning routine a breeze. Two full bathrooms with elegant granite countertops provide convenience & style throughout the home. Speaking of granite, you'll find these stunning surfaces throughout the kitchen & baths, adding a touch of sophistication that catches the eye without breaking the budget. The luxury vinyl plank flooring flows seamlessly from room to room, creating visual continuity while being practical for everyday life. Soaring ceilings enhance the sense of space & airiness, making each room feel larger than its footprint suggests. When the weather calls, retreat to either the covered front or rear porch; perfect spots for morning coffee or evening relaxation. The front porch offers a welcoming entrance, while the back porch provides a private escape for unwinding after busy days. This property strikes the perfect balance between peaceful rural living and modern convenience. You'll enjoy the serenity of quiet country surroundings without sacrificing access to shopping, dining, & other amenities. It's the kind of place where you can hear birds chirping instead of traffic humming, yet still reach everything you need with ease. Home will be completed within six months of a bound contract, making this the perfect time to secure your future home & watch your dream take shape. Don't let this rare opportunity slip away; homes like this in such a desirable location don't stay on the market long. Contact your favorite realtor today to schedule your private showing & see why this could be the perfect place to call home.

Lot 4 Harris Creek Trail, Cleveland
1150 18th Street NW, Cleveland
$294,900
3 Beds ⋅ 2 Baths ⋅ 1543870 MLS
Welcome to this beautifully crafted new construction home located in the heart of Cleveland, TN--just minutes from local schools, shopping, and dining. This modern Craftsman-style ranch offers the perfect blend of style, comfort, and convenience with an inviting open-concept floor plan designed for today's lifestyle. Featuring 3 bedrooms and 2 full bathrooms, this home boasts a spacious kitchen complete with granite countertops, stainless steel appliances, and ample cabinet space--ideal for both everyday living and entertaining. The desirable split-bedroom layout provides added privacy, with a large primary suite offering a well-appointed en-suite bath and walk-in shower. Enjoy upgraded luxury vinyl plank flooring throughout, combining durability with a clean, modern look. A dedicated laundry room adds functionality, while the single-level design makes this home especially appealing for retirees or first-time homebuyers seeking easy living. Don't miss this opportunity to own a brand-new home in a prime Cleveland location!

1150 18th Street NW, Cleveland
1245 Eagle Park Road NE, Cleveland
$275,000
3 Beds ⋅ 2 Baths ⋅ 1543802 MLS
If you have been looking for a move-in-ready home where the big-ticket items are already taken care of, 1245 Eagle Park Dr deserves your attention. This beautifully renovated home sits on a flat .35-acre lot with no HOA, a brand-new driveway, and a welcoming front porch perfect for enjoying the evenings. The location is hard to beat--just about 6 minutes from Lee University and within walking distance of Whirlpool, with convenient access to shopping, dining, and everyday amenities. Inside, the open-concept layout feels bright, modern, and spacious. The kitchen is the heart of the home, featuring high-quality cabinetry, quartz countertops, stainless steel appliances, and a large dine-in island ideal for entertaining or everyday living. LVP flooring runs throughout, giving the home a clean and cohesive look. The split-bedroom layout offers two bedrooms with high ceilings and a full hallway bathroom on one side, while the primary suite is tucked away on the other with a spacious bathroom featuring double vanities and a tiled walk-in shower. A large laundry room adds even more functionality. Nearly every major component has been updated, including the roof, HVAC system, water heater, appliances, subflooring, deck, siding, drywall, and more. Affordable, extensively renovated, and in a location that makes everyday life easy, this is the kind of home that gives buyers the confidence to move in and start enjoying it from day one. Schedule your showing before someone else does.

1245 Eagle Park Road NE, Cleveland
443 Old Chattanooga Pike SW, Cleveland
$125,000
3 Beds ⋅ 2 Baths ⋅ 1543768 MLS
Investor opportunity on 1.19 acres in Cleveland. This 3 bedroom, 2 bath home offers 2,016 sq ft with hardwood floors throughout in good shape, new windows, and a large garage. The front half of the roof is new; the rear portion will need to be replaced. Heat pump installed in 2016. Ready for exterior paint and interior cosmetic updates. Cash, hard money or private money loans only; sold as-is. equitable ownership interest, contact listing agent for details.

443 Old Chattanooga Pike SW, Cleveland
6308 N Lee Highway, Cleveland
$299,000
3 Beds ⋅ 2 Baths ⋅ 1543765 MLS
### RARE CLEVELAND OPPORTUNITY -- LOCATION, LAND & OPTIONS! **1.59 ACRES • TWO PARCELS • FULLY FENCED • GATED ENTRY • BRICK HOME** **We've already started!** The property has been cleared out, evaluated, and inspected for the planned repairs and remodel work. We've already invested time and money preparing for construction -- which means **Option 1 is available for a VERY limited time before we move forward with the renovation.** **OPTION 1 -- BUY IT NOW | $160,000 CASH** Want to do the renovation yourself? Purchase it for **$160,000 cash if under contract by October 10th.** Once remodeling begins, this option is gone. **OPTION 2 -- REMODELED 3 BED / 1.5 BATH | $299,900** We do the work! Planned completion by **January 10, 2027**, with an updated, move-in-ready 3-bedroom, 1.5-bath home. *AI-enhanced images show the renovation concept and are for illustrative purposes; actual finishes may vary.* **Planned updates: New Windows, Framing Demo, New Floors, New Paint, New Cabinets, New Trim, New Electrical Fixtures, New Appliances, Update the Yard, Accessory Updates like switches cabinet knobs mirrors locks clean roof, etc. **OPTION 3 -- EXPANDED 4 BED / 3 BATH | $370,000** Need more space? Choose the planned **4-bedroom, 3-bath expansion and renovation** for $370,000, with anticipated completion by **January 31, 2027**. And don't overlook the land: **1.59 mostly flat acres across two parcels**, fenced yard, gated entrance *(gate needs minor repair)*, brick home, carport, and **ridge and farm views from the front yard**. **Three options. One property. But not for long. Act now and choose your path before construction begins and Option 1 disappears!** Buyer to verify all information. Renovation scope, finishes, pricing, completion dates, and reservation terms will be documented in the applicable agreement. Lastly, If you use our preferred lender you get an extra 1% buydown in points paid by lender. HomeRate Mortgage - Call them and ask for Eric.

6308 N Lee Highway, Cleveland
170 Chestuee Drive NE, Cleveland
$265,000
3 Beds ⋅ 2 Baths ⋅ 1543760 MLS
Welcome to 170 Chestuee Drive NE in Cleveland! Situated on a large lot, this spacious 3-bedroom, 2-full-bath split-level home offers a flexible floor plan with plenty of room to spread out. The walkout basement provides valuable additional living space with convenient access to the outdoors, creating a layout that works especially well for multi-generational living, a home office, recreation space, or additional everyday living. The huge primary bedroom is a standout feature, offering an impressive amount of space for a sitting area, additional furniture, or your own private retreat. A large 2-car garage provides plenty of room for vehicles, storage, tools, and more. Outside, the generous lot, both cleared and wooded, offers plenty of room to enjoy the outdoors, entertain, garden, or simply appreciate the added space. With its versatile split-level design, walkout basement, oversized primary suite, large 2-car garage, and expansive lot, this home offers the space and flexibility to accommodate a variety of lifestyles and living arrangements. Schedule your private showing today and discover everything 170 Chestuee Drive NE has to offer!

170 Chestuee Drive NE, Cleveland
480 NE Bellingham Drive 10c, Cleveland
$279,900
2 Beds ⋅ 3 Baths ⋅ 1543734 MLS
Welcome to Bellingham, a Cleveland community offering beautiful townhomes with thoughtful and distinctive floor plans. Enjoy low-maintenance, lifestyle living in desirable North Cleveland, just minutes away from shopping and popular restaurants. The Whitfield floor plan offers a large main living area that is perfect for entertaining, 2 bedrooms, as well as two and a half bathrooms. Enjoy stepping into the home as you take in the high ceilings and open living space, with access to the back patio. Upstairs, the master suite includes a walk-in closet and private bathroom. There is a convenient laundry area tucked into the hallway leading to the bedrooms. Go to Broker Bay to schedule your private showing!

480 NE Bellingham Drive 10c, Cleveland
3133 NW Parkstone Cove, Cleveland
$345,000
2 Beds ⋅ 2 Baths ⋅ 1543706 MLS
Welcome to 3133 Parkstone Cove NW, a beautifully maintained 2-bedroom, 2-bath home located in the desirable Parkstone Cove community in the heart of Cleveland! Built in 2023, this charming home offers 1,252 square feet of thoughtfully designed living space with modern finishes throughout. Step inside to find an inviting open-concept layout featuring granite countertops, engineered hardwood flooring, stainless steel appliances, upgraded fixtures, and plenty of natural light. The spacious primary suite offers a private bath, while the second bedroom and full bath provide flexibility for guests, a home office, or additional living space. Outside, enjoy a fully fenced, private backyard, perfect for pets, entertaining, or simply relaxing. A 10' x 12' storage shed provides excellent additional space for lawn equipment, tools, bikes, and more. Parkstone Cove is a beautiful neighborhood featuring sidewalks, conveniently located in the center of Cleveland, you're just minutes from shopping, dining, schools, Cleveland State Community College, I-75, and everything the city has to offer. Schedule your showing today

3133 NW Parkstone Cove, Cleveland
3268 Spring Place Road SE, Cleveland
$360,000
3 Beds ⋅ 3 Baths ⋅ 1543677 MLS
Welcome to this beautifully maintained brick ranch being offered for sale for the very first time. This special home has been passed down through generations and has remained in the same family since it was built, with pride of ownership evident throughout. Situated on approximately 2.6 acres, the property offers plenty of room to enjoy both indoors and out. Inside, you'll find beautiful hardwood floors throughout the main level and an open floor plan that creates an easy flow between the living spaces. The partially finished basement offers even more versatility with complete separate living quarters. While this space could use some updating, it provides a fantastic opportunity for multigenerational living, guests, extended family, or additional private living space. Step out onto the screened porch and enjoy peaceful views of the backyard, surrounded by beautiful mature trees that give the property a comfortable, established feel. The detached garage is another standout feature, complete with 12-foot doors, power, and water--providing excellent space for vehicles, a workshop, hobbies, storage, or equipment. With its classic brick exterior, acreage, beautiful setting, and a history of being loved and cared for by generations of the same family, this is a rare opportunity to make a truly special Cleveland property your own.

3268 Spring Place Road SE, Cleveland
3907 Old Tasso Road NE, Cleveland
$189,000
2 Beds ⋅ 1 Baths ⋅ 1543658 MLS
Excellent Investment Opportunity! Looking for an affordable home with great potential? This charming 2-bedroom home sits on a shaded lot within city limits, offering convenient location and plenty of possibilities! Recent improvements include new luxury vinyl plank flooring, updated bathroom plumbing, and a new mini-split system currently being installed. Whether you're an investor looking to expand your rental portfolio or a buyer searching for an affordable place to call home, this property offers an excellent opportunity to make it your own! Come take a look and see the potential for yourself!

3907 Old Tasso Road NE, Cleveland
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