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2402/2398 Rodney Drive, Cleveland, TN 37323

$659,000
  • 2402/2398 Rodney Drive, Cleveland, TN 37323 Main Photo

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Contingent
BEDS0 BATHS SQUARE FEET3,634 MLS#1526194
STATUSContingent PROPERTY TYPEMulti Unit - Multiple

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.

2402/2398 Rodney Drive | MLS# 1526194

This multi-family property located at 2402/2398 Rodney Drive, Cleveland, TN 37323 is currently listed for sale with an asking price of $659,000. Search Cleveland real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s), Electric, Varies by Unit
Fuel Type: Electric
Heating: Central, Electric, Separate Meters, Wall Furnace, Zone
Home Style: Modular, Other, Ranch
Lot Size: 2.00 Acres
Taxes: $2,121

Units

Unit Type 1:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $710.00
Square Footage: 810
Unit Type 2:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $765.00
Square Footage: 810
Unit Type 3:
Bedrooms: 3
Bathroom(s): 2.0
Rent: $665.00
Square Footage: 1216
Unit Type 4:
Bedrooms: 2
Bathroom(s): 1.0
Rent: $450.00
Square Footage: 798
Unit Type 5:
Bathroom(s): 0.1
Square Footage: 1980

Feature Descriptions

Appliances: Dishwasher, Free-Standing Refrigerator, Free-Standing Range, Water Heater
Common Amenities: None
Days on Site: 54
Exterior: Aluminum Siding, Block, Brick, Vinyl Siding
Exterior Amenities: Rain Gutters, Storage
Flooring: Carpet, Concrete, Ceramic Tile, Luxury Vinyl, Vinyl
Interior Amenities: Tub/shower Combo, Ceiling Fan(s), Eat-in Kitchen
Laundry: Laundry Closet, Electric Dryer Hookup, Laundry Room, Washer Hookup
Lot: Cleared
Parcel #: Pt 066 033.00
Parking: Driveway
Patio/Porch: Covered, Deck, Front Porch
Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected

Local Schools

High School: Bradley Central High
Middle School: Lake Forest Middle
Elementary School: Waterville Elementary

Listed By / Shown By

Listed By

Agency Name: RE/MAX Experience
Agency Phone: 423-790-3086

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: CARMLS

Estimate Your Payment

Estimated Payment

$ 1,835.61 per month $1,466.65 Principal & Interest $176.75 Property Tax $192.21 Homeowner's Insurance

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