338 Martin Dr Nw, Cleveland, TN 37311

$280,000
3
BD
2
BA
2,418
SqFt

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Sold Price
$280,000
List Price
$324,900
Status
CLOSED
MLS#
3225322
Closing Date
May 26, 2026
Days on Market
0
Style
Ranch
Bedrooms
3
Bathrooms
2
Living Area
2,418

Property Description

INVESTOR OPPORTUNITY - SIX PARCELS INCLUDED Rare chance to acquire a value-add property with six parcels included, offering multiple exit strategies and future development potential. Whether your plan is renovation, resale, rental, or land development, this package delivers flexibility. The solid red brick home features original hardwood floors, a functional layout, and strong structural bones—ideal for a renovation project. Main level includes a living area, formal dining room, eat-in kitchen with laundry nook, and a bedroom with an en-suite bath. Upstairs (7 steps) are two additional bedrooms with a Jack-and-Jill bath. A large secondary dining or gathering space with a wood-burning stove provides added square footage and layout versatility. Additional features include an enclosed back porch, circular driveway with ample parking, and a sloped, wooded backyard offering privacy. Home is currently on well water; public water is available. Two electric water heaters service upper and lower levels. With five additional parcels included, this property presents strong upside for expansion, additional builds (buyer to verify zoning), or long-term hold. Ideal for investors seeking land, footprint growth, or redevelopment potential in a single acquisition.

Additional Information

Interior Features
Ceiling Fans
Roof
Other
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Sewer
Other
Water
Well
Elementary School
North Lee Elementary School
Middle School
Ocoee Middle School

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Listing courtesy of Greater Downtown Realty dba Keller Williams Realty. Selling Office: RE/MAX Experience.

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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.