$344,900

338 Martin Drive NW, Cleveland, TN 37311

3 beds |
2 baths |
2,418 sqft

Single-Family Home
Built in 1965
2.05acre lot
—— car garage
$143/sqft
Listed 1 month ago

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.

Listing Status:: Active
Date Added:: February 10, 2026
Data Last Updated:: March 25, 2026 at 2:36AM
Listing Office:: Keller Williams Realty : 423-664-1900
MLS ID:: 1528281

General: Ceiling Fan(s)PantryTub/shower ComboBreakfast RoomSeparate Dining Room
Appliances: DishwasherElectric OvenElectric RangeMicrowaveWater Heater
Laundry: Electric Dryer HookupIn KitchenLower LevelWasher Hookup
Flooring: HardwoodLinoleumVinyl
A/C: Central AirCeiling Fan(s)ElectricOther
Heating: CentralElectric
Fireplace: Family RoomWood BurningFireplaces: 1

General: OutbuildingShed(s)
Style: Ranch
Other Structures: OutbuildingShed(s)
Pool: None
Parking: Circular DrivewayConcreteDriveway

Roofing: Shingle
General: Brick3Block

Road/Access: County Road
Golf: None
Originating MLS: Greater Chattanooga REALTORS®
County: Bradley

Zoning: LOT 7 Parcel: 049G A 007.00049g A 007.00
Fencing: None

Utilities: Electricity AvailableElectricity ConnectedWater AvailableWater Connected
Water: See RemarksWell
Sewer: OtherSee RemarksSeptic Tank

Source: Greater Chattanooga REALTORS®

This listing courtesy of Keller Williams Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Prospect Elementary School

2450 Prospect School Rd NW, Cleveland, TN, 37312

Grades KG-5

1.00 miles away

Ocoee Middle School

2250 N Ocoee St, Cleveland, TN, 37311

Grades 6-8

1.88 miles away

Bradley Central High School

1000 S Lee Hwy, Cleveland, TN, 37311

Grades 9-12

1.14 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.