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2402/2398 Rodney Drive SE, Cleveland, TN 37323

$522,350
: 3,634
SqFt

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Sold Price: $522,350
List Price: $659,000
Closing Date: Mar 19, 2026
MLS#: 1526194
Sq. Ft: 3,634
Acres: 2
Year Built: 2013

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Property Description

Is it time to grow your portfolio? This unique package includes four (4) properties situated on approximately 2 acres in Cleveland, offering strong income potential and multiple avenues for value-add. The property features a duplex built in 2013, offering 2 bedrooms and 1 bath per unit, fully occupied. Also included is a 2 bedroom / 1 bath home, remodeled approximately 5 years ago, plus a single-wide mobile home with 3 bedrooms and 2 full baths. In addition, there is a block commercial-style building with an estimated 1,980 sq. ft., formerly an auto paint shop, complete with office space, restroom, covered exterior area, four bay doors, and heat. An additional storage building is available for shared tenant use. Rental units are currently month-to-month, providing flexibility to increase rents, reposition assets, or explore alternative uses. A rare opportunity with residential and commercial components all in one location—ideal for investors seeking diversification and future upside.

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Additional Information

Style: Modular, Other, Ranch
Exterior: Aluminum Siding, Block, Brick, Vinyl Siding
Interior: Tub/shower Combo, Ceiling Fan(s), Eat-in Kitchen
Roof: Metal, Shingle
Floors: Carpet, Concrete, Ceramic Tile, Luxury Vinyl, Vinyl
Foundation: Block
Appliances: Dishwasher, Free-Standing Refrigerator, Free-Standing Range, Water Heater
Exterior Features: Rain Gutters, Storage
Community Features: None
Lot Description: Cleared
Pool Description: None
Cooling: Central Air, Ceiling Fan(s), Electric, Varies by Unit, Wall Unit(s), Zoned
Heating: Central, Electric, Separate Meters, Wall Furnace, Zoned
Elementary School: Waterville Elementary
Middle School: Lake Forest Middle
High School: Bradley Central High
Financing Available: Cash, Conventional