Cleveland Homes with Assumable Terms

Welcome to Cleveland, Tennessee – a charming city nestled in the heart of Bradley County, where Southern hospitality meets modern living! Known for its rich history and vibrant community, Cleveland offers a unique blend of small-town charm and urban convenience. With its picturesque landscapes, friendly neighborhoods, and a thriving local economy, it’s no wonder that families and individuals alike are drawn to this delightful city.

Cleveland boasts a variety of recreational opportunities, from the serene waters of the Hiwassee River to the lush trails of the Cherokee National Forest. Residents enjoy a plethora of outdoor activities, including hiking, fishing, and biking, making it an ideal place for nature enthusiasts. The city also hosts various cultural events and festivals throughout the year, celebrating its diverse heritage and fostering a strong sense of community.

When it comes to real estate, Cleveland offers an array of homes with assumable terms, making it easier for prospective buyers to step into their dream home. Assumable mortgages can be a game-changer, providing a seamless transition for buyers who want to take advantage of favorable loan conditions without the hassle of securing new financing. This feature not only makes homeownership more accessible but also adds an exciting layer of affordability to the Cleveland housing market.

Whether you’re a first-time homebuyer, a growing family, or looking to retire in a peaceful setting, Cleveland, TN, has something for everyone. Explore the opportunities waiting for you in this welcoming city, where your dream home is just a heartbeat away!

Newest Cleveland Homes with Assumable Terms

$282,900

3 Beds ⋅ 2 Baths ⋅ 10845458 MLS

JUST A LOVELY SETTING FOR THIS Well Maintained 3BR/2BA RANCH on level lot .46 acre +/-! A Country Feel with City Convenience! EXTRA FEATURES BUYERS WILL LOVE - Beautiful Laminate High quality floors throughout. All 5 updated major appliances , Plenty of Storage with Oak cabinets, Large Pantry and Laundry Room. Convenient Step in Shower in Master Bath. Roof, water heater, and HVAC all renewed under current ownership.

738 Hood Street, Cleveland

Listing courtesy of Virtual Properties Realty.com.

$409,900

4 Beds ⋅ 2 Baths ⋅ 10832836 MLS

Welcome to this beautifully designed newer ranch over FULL BASEMENT, located in a wonderful family-oriented neighborhood in the highly sought-after Mount Yonah school district. An added bonus, Rainbow Retreat includes access to an adjoining community lot along the Chattahoochee River. Inside, you'll find a spacious kitchen featuring an abundance of cabinetry, gorgeous granite countertops, a breakfast bar, and a comfortable dining area. Conveniently located just off the kitchen is a large laundry room with plenty of space for pantry storage. The desirable split-bedroom floor plan provides privacy and functionality. The spacious master suite offers plenty of room for your furniture, a walk-in closet, and a beautiful bathroom with generous counter space, a garden tub, and a walk-in shower. On the opposite side of the home are three more additional good-sized bedrooms and a beautifully tiled bath with granite countertops. Step outside onto the back deck and enjoy the peaceful surroundings, abundant privacy, and beautiful natural setting. Could easily be screened in if desired. The partially finished basement offers even more potential, including a fifth bedroom that only needs a few finishing touches. Complete the space to create an ideal in-law suite, guest quarters, home office, or additional living area. With its thoughtful floor plan, beautiful finishes, private setting, basement potential, and access to the Chattahoochee River, this home offers a wonderful combination of comfort, privacy, and outdoor enjoyment. HOME IS UNDER WARRANTY FOR ANOTHER 6 YEARS! TRAILWAVE HIGH SPEED FIBER OPTIC INTERNET.

294 Rainbow Circle, Cleveland

Listing courtesy of Mountain Country Realty LLC.

$430,000

3 Beds ⋅ 2 Baths ⋅ 1541469 MLS

If you've been looking for a newer Cleveland home but don't want to give up storage, outdoor space, or future possibilities, this one deserves a closer look. Built in 2021, this home offers clean, move-in-ready living, a full unfinished basement, a 2-car garage with EV charging outlet, and a large lot that gives you room to spread out. This is a great fit for a buyer who wants more function than the typical newer home offers, with space for storage, a workshop, gym, hobby area, garden, pets, entertaining, or future expansion. And for qualified buyers, the assumable FHA loan at 4.99% may offer a valuable financing opportunity in today's rate environment.

155 Surrey Lane NE, Cleveland

Listing courtesy of K W Cleveland.

$389,900

3 Beds ⋅ 3 Baths ⋅ 1538590 MLS

You do not have to be a Veteran to Assume a VA loan! You do need to qualify for the note terms, but this may be your incredible way to save on favorable interest rate savings! Welcome to this spacious 5-room home in the highly desirable Farmingdale neighborhood! Featuring 3 bedrooms upstairs and 2 additional large flex rooms downstairs, this home offers endless possibilities for a home office, guest space, playroom, gym, or media room. With 3 full bathrooms, there's plenty of room for everyone. Enjoy relaxing on the inviting front porch with scenic views overlooking the expansive front yard, or unwind on the large 14' x 16' screened porch overlooking the private, tree-lined backyard. The fully fenced backyard features wooden privacy fencing, fruit trees, and a professionally added drainage system around both sides of the home for added peace of mind. The kitchen is equipped with beautiful stainless steel appliances, including a new range, dishwasher, refrigerator, and an under-sink reverse osmosis water filtration system. The living areas feature hardwood flooring, bedrooms are carpeted for comfort, and the lower level offers durable luxury vinyl plank flooring. Additional features include a remote-controlled Honeywell ceiling fan and a spacious 32-foot-deep, two-car garage with a quiet new garage door opener. Residents of Farmingdale enjoy underground utilities, street lighting, two community parks, neighborhood food truck events, an annual community yard sale, and one of the area's favorite Halloween celebrations. Conveniently located just minutes from shopping, dining, and schools in Cleveland, with easy access to I-75 and only about 30 miles to Chattanooga, this home offers the perfect combination of space, comfort, and community.

295 Farmway Drive SE, Cleveland

Listing courtesy of Real Broker.

$380,000

1532324 MLS

Mountain views, creek frontage, and 36.32 acres to call your own. Offered at $380,000, this land for sale in Cleveland, TN, brings together open acreage, mature woods, and a scenic ridge overlooking the surrounding countryside. Located on Red Hill Valley Road SE in Bradley County, the property offers a landscape worth exploring. Take in the long-range mountain views from the ridge, walk the open ground, and discover the creek along the lower portion. The combination of woods, water, and changing terrain gives this Southeast Tennessee acreage its distinctive character--and there is more to appreciate than a roadside view can reveal. For buyers searching for Tennessee land with mountain views and owner financing, this property offers both. Seller Financing is available with $180,000 down and the remaining balance financed over 10 years at a fixed 7% interest rate. The loan is fully amortizing, with no balloon payment and no prepayment penalty. Schedule a property tour to see the views, explore the acreage, and get a closer look at the setting. Buyers should verify access, utilities, soils, restrictions, and suitability for their intended use and any other items deemed important.

1625 Red Hill Valley Road SE, Cleveland

Listing courtesy of Real Estate Partners Chattanooga LLC.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.