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    2402/2398 Rodney Dr SE Cleveland, TN 37323

    Sponsored
    For Sale
    $659,000

    MULTI_FAMILY - Ranch - Cleveland, TN

    Type:Single Family Residence
    Property size:
    3,634 SF
    Days on Market:
    3
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 2402/2398 Rodney Dr SE

    General Information

    Special listing conditions
    Probate Listing
    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    TransactionType
    Probate Listing
    Standard status
    Active
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 6, Bathroom 5, Bathroom 4, Bathroom 2
    Bathrooms
    6
    APN
    066 03300 000
    Parking features
    Driveway
    Patio and Porch features
    Porch, Deck
    Interior features
    Open Floorplan, Eat-in Kitchen, Ceiling Fan(s)
    Basement
    Crawl Space
    Appliances
    Dishwasher, Electric Range, Microwave, Refrigerator
    Size
    3,634 SF

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating), Natural Gas, Wall Furnace
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    2013
    Floors in Building
    1
    Number of units
    5
    Flooring type
    Concrete, Vinyl, Carpet, Tile
    Building materials
    Aluminum Siding, Block, Brick, Vinyl Siding
    Roof type
    Shingle, Metal
    Architectural style
    Ranch

    Re/Max Experience (423) 790-3086

    Listing agent Teresa Young (423) 595-0309 License #289429

    Listing date Jan 8, 2026

    Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily and Commercial Investment Opportunity

    This unique package features four properties situated on approximately 2 acres in Cleveland, Tennessee, offering income potential and multiple avenues for value-add. The property includes a duplex constructed in 2013, with each unit featuring 2 bedrooms and 1 bath, and is currently fully occupied. Additionally, there is a 2 bedroom, 1 bath home that was remodeled approximately 5 years ago, along with a single-wide mobile home containing 3 bedrooms and 2 full baths. A block commercial-style building, estimated at 1,980 square feet, is also included. This building formerly operated as an auto paint shop and features office space, a restroom, a covered exterior area, four bay doors, and heat. An additional storage building is available for shared tenant use. The rental units are currently on month-to-month leases, providing flexibility to increase rents, reposition assets, or explore alternative uses. This property offers a rare opportunity with residential and commercial components all in one location, ideal for investors seeking diversification and future upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.861502
    Latitude
    35.124488

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    FAQs

    What type of property is this?
    Single family property - Four properties on 2 acres with residential and commercial components.
    Where is this single family property located?
    The property is located at 2402/2398 Rodney Dr SE Cleveland, TN.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - Four properties on approximately 2 acres offering strong income potential.; - Includes a duplex built in 2013 with two 2-bedroom/1-bath units, fully occupied.; - Features a 1,980 sq. ft. commercial building with office space, restroom, covered exterior area, four bay doors, and heat.
    (423) 595-0309
    Request Owner's contact information
    2402/2398 Rodney Dr SE Cleveland, TN 37323
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2402/2398 Rodney Dr SE Cleveland, TN 37323
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